InterviewSolution
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Is ‘periodic Reposting’ Different From ‘reposting’? |
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Answer» ‘Periodic REPOSTING,’ a method under ‘indirect allocation,’ is used to correct multiple postings made to COST centers during a particular PERIOD. As such, this is similar to multiple reposting under ‘transaction-based postings.’ Periodic reposting is also similar to distribution, when you USE this, at the period end, to transfer all costs from a ‘pooled cost center’ to other RECEIVERS. (Note that the ‘distribution’ is meant primarily for cost allocation, but periodic reposting is meant for correcting the posting errors.) ‘Periodic Reposting,’ a method under ‘indirect allocation,’ is used to correct multiple postings made to cost centers during a particular period. As such, this is similar to multiple reposting under ‘transaction-based postings.’ Periodic reposting is also similar to distribution, when you use this, at the period end, to transfer all costs from a ‘pooled cost center’ to other receivers. (Note that the ‘distribution’ is meant primarily for cost allocation, but periodic reposting is meant for correcting the posting errors.) |
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