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Hi All,
Can any one explain me clearly the difference between Cost amount(Actual) & Cost amount(Expected)?
I knew that calculation of Cost amount(Actual)=Invoiced Quantiy*Cost per unit.
But what about Cost amount (Expected)?
Thank you,
Mahesh U
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Expected cost is the cost that is posted when system yet does not know the real purchase price. It might be e.g. in the case when you booked purchase order by quantity, but not yet by amount.
Hi,
Cost amount expected is getting populated during receipt or shipment posting.
Further this expected amount gets reversed during Invoice posting and Actual amount gets updated in the inventory.
Hope this helps.
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