Skip to main content

Notifications

Finance | Project Operations, Human Resources, ...
Suggested answer

Costing Issue with STD Cost and WIP

(0) ShareShare
ReportReport
Posted on by 10

Working with a client and they do something they call “cost roll-up”, from their SAP days.  They use standard cost, and they basically want to re-cost their inventory, and they want to exclude the WIP when they do this. They are updating inventory cost during year-end-closing. In fact, they would like to do this more frequently, e.g., quarterly, even monthly. When doing so it ends up updating the WIP, including any that is finished but not yet ended. This acts to overstate the cost of all orders. Looking for a way to not revalue the WIP. Is there is a way to go around the WIP in the revaluation calculation? Both looking for a way to help client to close FY22 but to move ahead into FY23 using best practices and cleaned up configuration.

  • Suggested answer
    DAnny3211 Profile Picture
    DAnny3211 9,274 Super User 2024 Season 1 on at
    RE: Costing Issue with STD Cost and WIP

    hi

    look this

    community.dynamics.com/.../posting-issue-with-production-and-standard-cost-revaluation

    DAniele

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.

Helpful resources

Quick Links

Announcing Our 2025 Season 1 Super Users!

A new season of Super Users has arrived, and we are so grateful for the daily…

Announcing Forum Attachment Improvements!

We're excited to announce that attachments for replies in forums and improved…

Vahid Ghafarpour – Community Spotlight

We are excited to recognize Vahid Ghafarpour as our February 2025 Community…

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,965 Super User 2025 Season 1

#2
Martin Dráb Profile Picture

Martin Dráb 230,836 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Product updates

Dynamics 365 release plans