Skip to Content
author's profile photo Former Member
Former Member

Standard Costing

Dear Experts

As we are planning to start standard costing for our process material codes

we want to get cost of both Inhouse produced Grey with price control(S) & outsourced grey with price control

(V).

For Examaple fabric in ratio of 20% for Inhouse & 80% for Outsource.

As per our present scenario we are having split valuation we are not

getting the accurate price i.e system is not considering price of both

outsource & Inhouse,Its only picking inhouse Grey Price.

Please provide solution for the same,how to get combined cost of Inhouse & Outsource.Shall we have to create a seperate material code for Outsource..,or is there any other solution.

Regards

Sandeep patil

Add a comment
10|10000 characters needed characters exceeded

Related questions

2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jun 10, 2008 at 05:26 AM

    Hi sandeep

    If a material is having either S or V.

    You can config in your valuation variant for plan Ex 006. There you can fix the priority 1 as from standard price and 2 as from moving average price. Then link this valuation variant to the costing variant.

    Do this for actual valuation variant also Ex 007

    Take the help fo FICO consultant.

    Regards

    J . Saravan

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 10, 2008 at 05:29 AM

    Hi sandeep

    If the material has only one Either S or V. I think you can config in valuation variant for plan 006. There you can fix the priority 1 as standard " S " and 2 as moving " V "

    Like this you can do it for valuation variant actual 007.

    Regards

    J . Saravan

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.