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Supply chain | Supply Chain Management, Commerce
Answered

What is the difference between the standart costing and fixed receipt price

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Posted on by 19,533 Most Valuable Professional

Hi,

Not sure that I understand the difference between the standard costing and fixed receipt price functionalities. They sound the same.

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  • Verified answer
    Charlotte X Profile Picture
    on at
    RE: What is the difference between the standart costing and fixed receipt price

    Hi Billur Samdancioglu,

    1. The settings of the main accounts for purchasing price differences must be entered on different places. By fixed receipt price you enter it in the ‘Purchase order’ section of the posting profile, by standard cost you enter it by the ‘standard cost’ area.

    2. The fixed price receipt field will only post purchase price differences automatically. The standard cost inventory model will do the necessary automatic postings for the total standard costing process. That's why in the 'Standard cost variance' section you can also enter the main accounts for other posting types, like for revaluate the inventory value by changing cost prices.

    Best Regards,

    Charlotte

  • BillurSamdancioglu Profile Picture
    19,533 Most Valuable Professional on at
    RE: What is the difference between the standart costing and fixed receipt price

    Thank you Charlotte,

    What about the process wise?

    How does this effect the costs?

    They seem very same. Maybe there are some Differences in the cost calculation?

  • Verified answer
    Charlotte X Profile Picture
    on at
    RE: What is the difference between the standart costing and fixed receipt price

    Please view the following documentation:

    Fixed receipt price - Supply Chain Management | Dynamics 365 | Microsoft Docs

    You can also take a look at other related documents in the list next to it.

  • BillurSamdancioglu Profile Picture
    19,533 Most Valuable Professional on at
    RE: What is the difference between the standart costing and fixed receipt price

    Thank you Charlotte, It is very helpful.

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