D365 Finance & Operations and Dynamics AX Forum

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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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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Original Message:
Sent: Aug 20, 2019 06:32 PM
From: Sandra Rudloff
Subject: D365 F&O Standard cost question

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?

------------------------------
Sandra Rudloff
Vice President
Pivot Interiors, Inc.
Santa Clara CA
------------------------------