Working in a test environment, after I change old PO statuses from Released to Closed a report prints with the message:
******Item is using the Average Perpetual valuation method and purchase receipt Quantity Sold history isn't available.
General Ledger entries won't be created for the COGS/INV adjustment.
There are hundreds of PO's in our workfile we would like to clear. I just want to make sure there are no unintended consequences to any items, i.e. standard costs or any financial statement impact.
Thank you.
Charlie