Transfer Order Variance

Hi,

How do I get rid of cost variances between Item Fulfillment cost and Item Receipt cost on a Transfer Order that is completed. The cost difference is sitting as an unreconciled line on the Goods in Transit GL account. How do I clean this up for Transfer Orders from past periods without effecting GL in past periods?

Is there any function that I can use where I can close the TO which will then throw any unreconciled amounts  into a variance account?

There may not have been enough time for the costing engine to finish its calculations between the two related records and that may have caused the variance. But i cant do anything about it now, it happened in past periods.

Any suggestions or ideas to help will be much appreciated..! Thanks heaps….

Rookie Asked on August 11, 2021 in Order Management.
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