Skip to main content
Suggested answer

Converting standard cost item to average cost item for product substitutions

editSubscribe (0) ShareShare
ReportReport
Posted on by 6
Hello,
 
We have some items in our company that use standard cost (manufactured items) and others that use average cost (purchased items).  Sometimes we need to use a manufactured (STD) item as a substitution for a purchased item (AVG) to fulfill customer orders.  
 
Since the part that it is becoming is an average cost, purchased part, we cannot put a production order on to capture the labour and convert the manufactured, standard part into the purchased part. 
 
Is there a way to convert these parts and capture the costs?
 
Thank you!