Item Standard Costs (ticpr3501m000)
Use this session to display actual and/or historical standard cost structures by item and date combination. You must select the item and effective date for which you want to display the standard cost structure.
Field Information
- Item
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item
- Enterprise Unit
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enterprise unit
Note: Only visible if Standard Cost by Enterprise Unit in the Implemented Software Components (tccom0100s000) session is Active. - Financial Company
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financial company
- Effective Date
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The standard cost calculation for the accompanying item is performed on this date and time.
- Sequence Number
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Item costing data can be actualized several times. If item costing data is actualized two or more times while the effective date is the same (which can happen, for example, if you select Last Date of Previous Period as the effective date), the item costing data is distinguished by the sequence number.
You can only select Last Date of Previous Period if the Backdate Valuation Price Allowed check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is selected.
- Actualization Date
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The date that the item costing data is calculated and actualized using the Calculate Standard Cost (ticpr2210m000) session and/or Actualize Standard Cost and Revalue Inventory (ticpr2220m000) session.
Note that the actualization date can differ from the effective date of the costing data. You must determine the effective date in the Calculate Standard Cost (ticpr2210m000)/ Actualize Standard Cost and Revalue Inventory (ticpr2220m000) session.
- Standard Warehouse
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The warehouse to which the surcharges were applied during cost calculation.
- Revaluation Order
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If the standard cost is changed, LN adjusts the inventory value of a warehouse. The inventory value adjustment processes the actual order price into the inventory value of the items. The value correction is posted to Financials and is stored under a revaluation order code.
- Surcharges by Item
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If this check box is selected, the surcharges by item are part of the cost calculation.
- Surcharges by Warehouse
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If this check box is selected, the surcharges by warehouse will be part of the cost calculation.
- Quantity
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The item quantity to which the standard cost is applied.