Hello,
Does anyone how you can distribute some generic costs to update the Inventory Cost of a material ?
With materials that are Produced you can use overhead rules to distribute costs to Production Lots using Material Cost Estimates - and then update the Inventory Cost/Unit Price
However with materials that are not Produced i.e. sourced externally, it is not possible to use Material Cost Estimates.
We can use the Material Cost Accumulation and FIFO Cost Determination to look at the related PO/GR and IR costs and provide a new Inventory Cost (via FIFO Periodic Value), however this method does not allow us to include others generic costs from a specific GL or Cost Centre to apply to the estimated Inventory Unit Cost.
Do you know how we can get these generic costs from a GL or Cost Centre into some sort of estimated/calculated Inventory Unit Cost ?
Thanks,
Kevin.