Standard Cost calculation of purchased items

The total costs of a purchased item is the sum of the purchase costs, plus surcharges. Both are regarded as added cost (refer to Added costs).

The cost calculation code lists, by priority, the type of purchase price used for cost calculation. The current and average purchase prices are retrieved from the Items (tcibd0501m000) session. The simulated purchase price is retrieved from the Simulated Purchase Prices (ticpr1170m000) session.

Surcharges are applied to the purchase price. Because the total costs equal the added cost, surcharges of the methods added costs and total costs result in the same amount.

The standard cost of a purchased item consists of:

  • The purchase price, derived from the Purchase Price field in the Item - Purchase session or the Simulated Purchase Price field of the Simulated Purchase Prices (ticpr1170m000) session.

  • The landed costs, derived from the landed costs defined in the Item - Purchase (tdipu0601m000) session.
  • The warehouse (receipt) surcharge, derived from the data defined for the warehouse specified in the Warehouse field of the Items - Ordering (tcibd2100m000) session.