Notifications
Announcements
No record found.
Hello,
We are experiencing very large Rounding Variances coupled with very large Purchase Price Variances when posting PO receipts. There is also a foreign currency involved. Can anybody help explain why this behavior is happening?
The PO total we see here is $37K. However, when I look at the voucher, there are over $114K of Rounding and Purchase Price Variances. When looking at the Standard Cost Transactions for a single item, there is a massive variance for these items.
PO-Total-_2400_37K.pdfRounding-_2600_-PPV.pdfStandard-Cost-Transactions.pdf
Hi rlyoungb,
I do assume you are using standard cost? What is the actual active cost price? Can you share the details from the posted invoice? What values were provided?
Invoice-Lines.pdfSTD-Cost-Price.pdf
Hi Andre,
I think the STD Cost price actually may have an impact, but I'm not sure if it is just that. Please find the STD Cost and Invoice Lines as follows:
Here's the STD Cost Transaction for that item as well.STD-Cost-Transactions-CW0306T.pdf
I don't have a clear overview as the screenshots are not telling all small details. What I noticed is that you have enormous discounts on the purchase order invoice. It could be the case that this is causing the variance.
When you have e.g. a standard cost of $100, a purchase order with unit price of $120 and 75% discount, then the line amount is $30.
The actual price posted for the inventory is $100 which is standard cost. For the difference (100-30=70), this will be posted as standard cost variance.
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.
André Arnaud de Cal... 456 Super User 2025 Season 2
Martin Dráb 429 Most Valuable Professional
BillurSamdancioglu 239 Most Valuable Professional
