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D365 F&O Standard cost question

  • 1.  D365 F&O Standard cost question

    SILVER CONTRIBUTOR
    Posted Aug 20, 2019 06:32 PM
    We're on v10, and have an odd question.  We use standard cost, and on large projects, we are setting up a unique item with a standard cost for that one project, since the variance could be significant (don't we all love PPV?)

    But - if the actual cost is different from what we set up, do we have any option to change that cost after PO receipt?  I'd like to be able to push the variance, plus or minus, back to the project so our project statements will be correct.    I'm not that proficient in project accounting or even inventory to be able to know how to do this.

    Even if we can't get the project statements to show the correct cost, is there a way that the standard cost could be updated?

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    Sandra Rudloff
    Vice President
    Pivot Interiors, Inc.
    Santa Clara CA
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  • 2.  RE: D365 F&O Standard cost question

    Posted Aug 21, 2019 10:13 AM
    Hello, you have a function called "Adjust cost" which can help you.

    Bellow the link to MS documentation
    https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/adjust-hand-inventory-cost-values

    Link to a blog (2 parts)
    https://www.loganconsulting.com/blog/adjusting-cost-on-inventory-transactions-in-d365-for-finance-and-operations-part-i/#.WjlhOt-nFPY

    https://www.loganconsulting.com/blog/adjusting-cost-on-inventory-transactions-in-d365-for-finance-and-operations-part-ii/

    I Hope it will help you.

    Best regards

    Vincent Chevallereau
    D365 Solution Architect
    Microsoft France


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    vincent chevallereau
    D365 F&0 Solution Architect
    Microsoft
    Redmond WA
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