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Microsoft Dynamics AX (Archived)

You can only activate a standard cost costing type

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Posted on by 6

Hi,

I have an item ABC already assigned to a model group where the inventory model is 'standard'.

However, when I go in the price setup and activate the price, I get the message 'Item ABC inventory model is at standard cost, you can only activate a standard cost costing type. Activation has not been performed.'

What else is missing?

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  • Verified answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi Sam,

    Can you check your item model group that it does not only have the name 'standard' assigned but also the costing method for standard costs?

    Can you possibly share a screenprint of the item model group setup?

    Best regards,

    Ludwig

  • Verified answer
    Brandon Wiese Profile Picture
    17,788 on at

    Most likely you've setup your Costing version as Planned cost instead of Standard cost.  Fix your Costing version or create a new one for activating standard costs.

  • Samkh Profile Picture
    6 on at

    I will check on that. I have another posting from yesterday about inventory revaluation and the financial dimension. Let me know pls if you have any input for it.

    Thanks

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi Sam,

    What is the issue with your inventory revaluation and the financial dimension?

    Best regards,

    Ludwig

  • Samkh Profile Picture
    6 on at

    This is the url link. It has all the details  https://community.dynamics.com/ax/f/33/t/255413 Thanks

  • Samkh Profile Picture
    6 on at

    Hi,

    Please check the url community.dynamics.com/.../255413 , I have all the details there. Thanks!

  • Samkh Profile Picture
    6 on at

    It worked Thanks!

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