Hi MM Experts,
My client has the following reuirement,
They serially track items - suppose a material with code A. First they buy 2 items of A in a PO where the unit price is $10. The serail no s of the 2 items are A1 and A2. In the second PO 2 items of A are again purchased with the price $20. The serial no s of these items are A3 and A4. My client wants to maintain the cost of each item-serial seperately as follows.
A1 - $10 A2 - $10 A3 - $20 A4 - $20
And the material issues should be done at this value.For Ex. if they issue A2 the accounting documents should be updated at $10 and if they issue A4 the same should be updated at $20.
This is needed in order to capatalize items at actual values at Projects. To me, this is actual costing.
Just tell me a method to handle this. Right now in Material Master, I see only two types of costs. Those are Moving Average and Standard Costing is there a method to do the Actual Costing as well.
Cheers
Deepal