1. Create "Cost Type"

Responsibility: Inventory Super User

Path: Setup > Costs > Cost Types

1.1 Choose Inventory Organization

1.2 Entry Cost Type Information

image

  • Cost Type (唯一) : A cost type is a set of costs uniquely identified by name. Two cost types are predefined for you, Frozen (for standard costs) and Average. You can define and update an unlimited number of additional simulation or unimplemented cost types. Each cost type has its own set of cost controls
  • Cost Types for Average Costing

    In an manufacturing average costing organization, two costs types are required for inventory valuation and transaction costing: the Average cost type and a user-defined Average Rates cost type. These two cost types are defined as follows:

Average
This cost type holds the current average unit cost of items on hand, and is used to value transactions such as issues and transfers out (see transaction table below for details). Users can update costs in this cost type only by using the average cost update routine. A history is kept of all such update transactions. This cost type is seeded and does not have to be defined by the user.

Average Rates cost type
This cost type holds any user-defined cost type used to resource to overhead associations and current overhead rates, and any other user-defined subelement rates to be used in cost rollups and to cost applicable transactions.

Cost Type Name Costing Method Purpose Description
Frozen

Standard

Frozen standard costs

Used to value transactions and inventory balances for organizations that use standard costing. This cost type is not available for organizations using average costing.
Average Average

Average costs

Used to value transactions and inventory balances for organizations that use average costing. This cost type is not available for organizations using standard costing.
None; user-defined Average Average rates Used to hold resource to overhead associations, current overhead rates, and any other user-defined subelement rates used in cost rollups and to cost applicable transactions. This cost type is not available for organizations using standard costing. You must define a cost type for average rates.
None; user-defined Either standard or average All other cost types Use all other cost types for any purpose: cost history, product cost simulation, or to develop future frozen costs. These costs are not implemented (not frozen) costs. You can transfer costs from all other cost types to update the Frozen cost type.
arrow
arrow
    全站熱搜

    Somebaby 發表在 痞客邦 留言(0) 人氣()