Different Standard Cost for the same Item

Finance and Operations/AX User Forum
1

Hi,

I came across one scenario when uploading Inventory opening balance. Please help me to sort out the same if anyone has solution for the same.

The scenario as follows:

I have one Item called “ITEM-1” The same Item got total 2 Quantity on hand. 1 is in Finished Goods stage and the other 1 is in WIP stage. In fact the FG cost is @ 10 rupees and WIP cost is @ 7 rupees.

I am following Standard Cost method and in Costing version the cost is entered as 10 and activated the same. But when I post the batch of WIP through Inventory Movement the system is automatically update the cost into 10 from 7; this is hitting my GL side. In fact I want the WIP batch should be posted with the cost of 7.

I kindly request everyone faced the same scenario and found any solution then please let me know ASAP.

Thanks in advance

Regards,

Sajeesh

2

You cannot bring in an item in WIP in AX as it is not in stock - the standard cost is irrelevant. When bringing in opening balances for production I would advise you clear all of teh WIP down, if you do not then the item is not in stock and you will have created a WIP production so again it does not matter.

Standard cost is standard cost for the item in inventory.

3

Dear Adam,

Thanks for your quick answer. Much appreciated.

Once again thanks.

Regards,

Sajeesh