Standard Cost Update

• Introduction
• Process Execution

Introduction

For Standard Costs you can set/recalculate the current or future cost price (for the cost type of the accounting schema). If the Costing Level of the Accounting Schema is set to Client, missing cost records are created. The historical costs are calculated based on the accumulated amount/quantity of the costing method.

Process Execution

1. Product Category: Select the Product Category from the dropdown

2. Set Standard Cost to: Select the Costing method to be changed for the Product

3. Pricelist Version: Select the Pricelist from the dropdown

4. Document Type: Select the Document Type for generating the Document number

Action

1. While click OK system will update the Costing method