Update Standard Costs

  • Update Standard Costs

    Posted by Monya Maccio on March 22, 2023 at 12:22 pm
    • Monya Maccio

      Member

      March 22, 2023 at 12:22 PM

      Hello everyone,

      I’m hoping you can offer some guidance on a question. A little background:

      It was noticed that two skus in GP do not have a standard cost associated with the item card. Before we updated it, we wanted to double check: when you update the updated standard cost, does it apply only to future transactions? Or is there a retroactive effect we should be aware of?

      Thank you in advance!

      ——————————
      Monya Macció | IT Business Applications Manager |
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    • Jim Rust

      Member

      March 24, 2023 at 6:09 AM

      Monya,  When you update the standard costs it only updates future transactions.  I usually keep track of the dates I make major changes for future reporting purposes.  I also try to keep full cost updates  to happen near the end of the month or the beginning of a month.  

      ——————————
      Jim Rust
      Groupe Stahl
      Sterling Heights MI
      ——————————
      ——————————————-

    • Kerry Hataley

      Member

      March 27, 2023 at 8:44 AM

      Remember to use the NEW DCI Dynamics GP site.

      Effective April, this site will no longer be functional…

      https://dynamicscommunities.com/community/groups/dynamicsgp/forum/dynamicsgp/

      Thank You — Kerry Hataley

      ——————————
      Kerry Hataley
      CEO & President
      Nanook Software, Inc
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      ——————————————-

    Monya Maccio replied 1 year, 9 months ago 1 Member · 0 Replies
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