<![CDATA[FrontAccounting forum — Purchase Price Variance JE]]> https://frontaccounting.com/punbb/viewtopic.php?id=7664 Tue, 14 Aug 2018 01:25:17 +0000 PunBB <![CDATA[Re: Purchase Price Variance JE]]> https://frontaccounting.com/punbb/viewtopic.php?pid=32453#p32453 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.

]]> Tue, 14 Aug 2018 01:25:17 +0000 https://frontaccounting.com/punbb/viewtopic.php?pid=32453#p32453 <![CDATA[Purchase Price Variance JE]]> https://frontaccounting.com/punbb/viewtopic.php?pid=32450#p32450 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?

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