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Suggested answer

standard cost change

Posted on by Microsoft Employee

I have changed standard cost (old sc=10, new sc=12), when update standard cost, new calculation using new standard cost (12).

but when I changed standtard cost (old sc=10, new sc=10500), new calculation still using olde standard cost (10).

please give me help

thak's

  • I Gusti Made Ari Profile Picture
    I Gusti Made Ari 3,590 on at
    RE: standard cost change

    if you have already completed the revaluation for current stock , it should be using the new standard cost. What  scenario that you did that you are still getting this "new calculation still using old standard cost (10)" ?

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: standard cost change

    Hi Made

    rest of stock already revaluate

  • Suggested answer
    I Gusti Made Ari Profile Picture
    I Gusti Made Ari 3,590 on at
    RE: standard cost change

    Hi Fajar,

    Does the item still have stock before you change the standard cost ?

    if yes, you will need to revaluate what you current have on hand to the new standard cost. Just updating the standard cost on the item card will only affect purchase or incoming items going forward.

    Below is guide line from microsoft :

    docs.microsoft.com/.../finance-how-to-update-standard-costs

  • Blue Wang Profile Picture
    Blue Wang on at
    RE: standard cost change

    Hi Fajar,

    Did you forget to change the type of currency?

    Can you provide more information about the way to change your values?
    Thanks.

    Best Regards,
    Blue Wang

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: standard cost change

    Actually we use Indonesian Rupiah, set of value until trillion

  • Blue Wang Profile Picture
    Blue Wang on at
    RE: standard cost change

    Hi Fajar_IT,

    Have you set the range of values?

    10500 is out of range, causes new values to be invalid

    You can change to a smaller value, such as 5000, and to see if it works.

    Best Regards,

    Blue Wang

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