on 07-19-2016 11:12 AM
Hi Experts,
Which i have analysis to the one material values are diff in CKm3n and Ck13n. Before costing run values are equal to Ck13N 79.94.After costing run ending enventory values are diff with CK13N # 80.21
Total Diff: 80201.03-79938.80=265
Before Costing run:
After costing run :
CK13N= costing lot size is :10000
I have checked other materials after costing run Ck13N and CKM3N values are matching with ending inventory.
Please give me suggestion why this values are diff
Dear Reddyr,
It looks correct.
The Standard Cost in Material Ledger is called Preliminary Value and it should be constant during the period.
In both cases, your STD cost and Preliminary Valuation is the same before the costing run and after:
79.93572 per unit.
Your ending inventory is valuated in the preliminary cost before you run the Material Ledger Cockpit (Actual cost) and you are going to have the same price Preliminary and Actual cost if you have no Price Diff during the period.
The price of 80,201.03 SGD is calculated after actual costing run: 4,010.05(actual cost = 3,996.79 std cost of 50 units + price diff 13.26) / 50 * 1,000 = 80,201.03
Best regards,
Gabriel Coleti
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Hi Reddyr,
This exactly the function for Material Ledger/Actual Costing.
If you implement material ledger, the major function is to record price differences for all the postings and calculate the actual price for the material in the period end.
In the real goods movement business, there are many chances that the actual price for the goods movements are different with the planned price (preliminary price).
System will record these differences and distribute the differences to the proper location.
Best Regards,
Owen
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