A company uses the average costing method and inventory periods. Automatic Cost Posting is not enabled.
You close the inventory period for July 2020. You set the value of the Allow Posting From field in General Ledger Setup to August 1, 2020.
You receive and post a purchase invoice for freight charges on August 8, 2020 against a purchase invoice that was posted on July 15, 2020. You run the Adjust cost – Item entries batch job for August.
You need to identify the adjustment entry related to July after running the batch job.
Which date is automatically selected for the value entry by batch job?
A. July 15, 2020
B. August 8, 2020
C. August 1, 2020
D. July 1, 2020
