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Finance | Project Operations, Human Resources, ...
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Update Standard Cost

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Posted on by 5

Hi All, 

We are following the procedure in order to update our standard costs and we are facing several problems :

1. If one or several article are open, the update is not possible which we understand, but it stopped the update of the other article. Would it be possible to update the calculation despite the fact that some article are openned ?

2. We have some article that we bought to a supplier (valuation on the average purchase cost, not standard), and we set up those articles with a "Manufacturinf order" stock replenishment. When we want to update the cost, the process is stopped because of those article and we cannot complete the valuation.

Can you please help ?  

  • Tristan B Profile Picture
    5 on at
    RE: Update Standard Cost

    Thanks for your answer.

    My question is not related to received products but for finished goods we are producing.

    My problem is that we create a new version but the process do not get through because there are some articles which are used or modified.

    Can you please explain how you compete the process ?

  • Suggested answer
    saurabh bharti Profile Picture
    15,033 Super User 2025 Season 1 on at
    RE: Update Standard Cost

    Is your question is around updating average cost for received Products?

    If yes then it can be done Inventory > Closing and adjustment > Adjustment > Select product and transaction to update cost

    For standard cost i think you can create new version at any point in time and system will post adjustments

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