How To Use the Configuration Package to Update Standard Cost in Microsoft Dynamics 365 Business Central and Dynamics NAV
In Microsoft Dynamics 365 Business Central or Dynamics NAV, typical processes for updating the standard cost for a purchased item are as follows:
- For a new purchased item, the standard cost can be updated on the Item Card.
- For a purchased item that already has ledger entries, the revaluation journal is used to populate the entries and re-value the cost.
- For a manufactured item, the Standard Cost Worksheet is used.
However, if you have a scenario in your business where there are different standard costs in different locations for the same item, using the Standard Cost Worksheet can present some issues with items inheriting standard costs and failing to be updated.
This video will show you how to use the Configuration Package in Business Central or NAV to update standard costs on purchased items as an alternative.
Learn more from Microsoft about Updating Standard Costs in Dynamics Business Central of NAV and contact ArcherPoint for assistance
Learn more about Business Central by viewing other How-To videos or reading more How-To blogs from ArcherPoint.