Costing Methods

We are designing a cost accounting systemfor a company that has two different segments. One is for new contracts and the other is for parts. It would make sense for the contract side to be actual cost (FIFO) and the parts side to be standard. Can I set up some item cards with the standard cost method and others with the fifo cost method? Our contract BOMs will pull in some standard parts. Would this be a problem?

Thanks

Gary

You can setup items with different costing methods, just depends upon your locality and the financial implications in place for doing this, if any.

Not having one method means you need to verify the information you are looking at, and know what makes the BOM up, but nothing stopping you.

I don’t see any problems at Navision side. Check if your local law allows that. For example for Portuguese law we must setup new G/L Accounts to legally do that.