<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/wh/onlinemanual/ina000645" xml:lang="en">
   <Header>
      <Title>Inventory variance posting</Title>
      <Keyword type="header" order="d1e2591023">
         <Level1>Inventory variance posting</Level1>
         <Level2>variance posting</Level2>
      </Keyword>
   </Header>
   <AimSection>
      <Paragraph>Processing of inventory variances results in financial
		transactions that clear the interim variance account, and if possible assign
		the variance to inventory. The <GUIRef href="/baanerp/wh/ina/whina0100m000#whina000.vpdt" role="groupbox">Variance Posting Date</GUIRef> parameter in the <GUIRef href="/baanerp/wh/ina/whina0100m000" role="session">Inventory Analysis Parameters (whina0100m000)</GUIRef> session indicates the date on which the
		inventory variances are posted in the <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef>. Variances are posted when you run the <GUIRef href="/baanerp/wh/ina/whina1200m000" role="session">Process Inventory Variances (whina1200m000)</GUIRef> session. You can select from the following
		options:</Paragraph>
      <List>
         <ListTitle>Variance posting date</ListTitle>
         <ListItem>
            <GUIRef href="/baanerp/wh/domains/ina.vpdt#goods.rec.date" role="option">Goods Receipt Date</GUIRef>
         </ListItem>
         <ListItem>
            <GUIRef href="/baanerp/wh/domains/ina.vpdt#var.trans.date" role="option">Variance Transaction Date</GUIRef>
         </ListItem>
         <ListItem>
            <GUIRef href="/baanerp/wh/domains/ina.vpdt#var.proc.date" role="option">Variance Processing Date</GUIRef>
         </ListItem>
      </List>
   </AimSection>
   <GeneralSection>
      <SectionTitle>Goods Receipt Date</SectionTitle>
      <Paragraph>This option posts the processed inventory variances based on the
		transaction date on which the goods are received in the <GUIRef href="/baanerp/wh" role="package">Warehousing</GUIRef>.</Paragraph>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>Variance Transaction Date</SectionTitle>
      <Paragraph>This option posts the processed inventory variances based on the
		date on which the variance is actually recognized.</Paragraph>
      <List>
         <ListIntro>The date on which the variance is recognized depends on these
		  scenarios:</ListIntro>
         <ListItemHead>Production</ListItemHead>
         <ListItem>
            <Paragraph>For production variances like additional calculation office
			 variance, efficiency variance, production price variance and so on, the
			 variance posting date is the closing date of the production order. Same is the
			 case for production variances where no end items are received in the <GUIRef href="/baanerp/wh" role="package">Warehousing</GUIRef>.</Paragraph>
         </ListItem>
         <ListItemHead>Invoice approval</ListItemHead>
         <ListItem>
            <Paragraph>For inventory variances related to invoice approval like
			 invoice variance and expensed tax the variance posting date is the date when
			 invoice is approved.</Paragraph>
         </ListItem>
         <ListItemHead>Receipt price change</ListItemHead>
         <ListItem>
            <Paragraph>For inventory variances related to receipt price change, the
			 variance posting date is the date when price change is entered.</Paragraph>
         </ListItem>
      </List>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>Variance Processing Date</SectionTitle>
      <Paragraph>This option posts inventory variances on the date the variances
		are procesed that is the current date.</Paragraph>
      <List>
         <ListIntro>You must use this option for the following inventory valuation
		  methods:</ListIntro>
         <ListItem>
            <GUIRef href="/baanerp/wh/domains/ina.valm#mauc" role="option">Mov. Aver. Unit Cost (MAUC)</GUIRef>
         </ListItem>
         <ListItem>
            <GUIRef href="/baanerp/wh/domains/ina.valb#mauc" role="option">MAUC (by Warehouse)</GUIRef>
         </ListItem>
      </List>
      <Paragraph>It is not mandatory to set this parameter to <GUIRef href="/baanerp/wh/domains/ina.vpdt#var.proc.date" role="option">Variance Processing Date</GUIRef> in case of MAUC valuation. LN ignores this parameter
		in case of MAUC valuation and variances are always processed on the variance
		processing date.</Paragraph>
      <Note>
         <SectionTitle>Note</SectionTitle>
         <List>
            <ListIntro>The <GUIRef href="/baanerp/wh/domains/ina.vpdt#var.proc.date" role="option">Variance Processing Date</GUIRef> (current date) cannot be prior
			 to:</ListIntro>
            <ListItem>
               <Paragraph>The transaction date of the linked receipt.</Paragraph>
            </ListItem>
            <ListItem>
               <Paragraph>The historical stock date.</Paragraph>
            </ListItem>
            <ListItem>
               <Paragraph>The inventory valuation method change date.</Paragraph>
            </ListItem>
         </List>
      </Note>
   </GeneralSection>
</ManualTopic>