<![CDATA[FrontAccounting forum — Purchase Price Variance JE]]> 2018-08-14T01:25:17Z PunBB https://frontaccounting.com/punbb/viewtopic.php?id=7664 <![CDATA[Re: Purchase Price Variance JE]]> This generally occurs when there is a forex rate difference and may be dynamic / computed on the fly. Check if it differs each time the forex rate changes.

]]> https://frontaccounting.com/punbb/profile.php?id=364 2018-08-14T01:25:17Z https://frontaccounting.com/punbb/viewtopic.php?pid=32453#p32453 <![CDATA[Purchase Price Variance JE]]> I have a month end JE in my GL for an account that is called Purchase Price Variance. It is a credit to COGS equal to the debit to the COGS account titled Freight

Is this an automated month end JE?

I have no idea what it is trying to accomplish since they wash. Any thoughts?

]]> https://frontaccounting.com/punbb/profile.php?id=42729 2018-08-13T18:51:41Z https://frontaccounting.com/punbb/viewtopic.php?pid=32450#p32450