Hi Raj,
Great reply. Thanks.
Mind for me to clarify a bit.
1) of course is to do it collectively and not individually. i just wanna clarify if there is no GR operation, then it should not have variance calculation as only GR operation, target is reflected. so if no GR operation, no target. so i presume no variance calculation needed.
correct?
2) if there is no variance as no GR operation, the settlement is to carry out anything?
say i do teco of this order which has goods issue to production order. during settlement, the consumption cost goes to variance account for both average and standard cost material. correct?
Thank you.