| # Item - Standard Costing Data (ticpr3501m000) Use this session to display actual and/or historical standard cost-price structures by item and date combination. You must select the item and effective date for which you want to display the standard cost-price structure. Related topics Calculating the standard cost price Cost components in Manufacturing Aggregated cost components Surcharges Lower cost or market value Item In ERP Enterprise, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit, or exist in multiple product variants. You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items: Cost items (for example, electricity) Service items Subcontracting services List items (menus/options) Effective Date The first date on which the relevant standard cost price takes effect. The cost price calculation for the accompanying item is performed on this date and time. Sequence Number 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 Cost Price Calculation Parameters (ticpr0100m000) session is selected. Actualization Date The date that the item costing data is calculated and actualized using the Calculate Cost and Valuation Prices (ticpr2210m000) session and/or Actualize Standard Cost and Valuation Prices (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 Cost and Valuation Prices (ticpr2210m000)/ Actualize Standard Cost and Valuation Prices (ticpr2220m000) session. Standard Warehouse The warehouse to which the surcharges were applied during cost calculation. Revaluation Order If the cost price is changed, ERP Enterprise 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 If this check box is selected, the surcharges by item are part of the cost calculation. Related topics Surcharges Surcharges by Warehouse If this check box is selected, the surcharges by warehouse will be part of the cost calculation. Related topics Surcharges Quantity The item quantity to which the cost price is applied. Related topics Selection of routing to calculate costs Show Current Data Click to display only the cost components that are effective at the latest calculation date. Show All Data Click to display all cost components, also the cost components that are not effective. |