Inventory and Product Mgt: Difference between revisions
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===Standard Cost=== | ===Standard Cost=== | ||
[[#std_cost|Tag:#std_cost]] | |||
In the field "Standard Material Cost Per Unit“, the price shown has the following properties: | In the field "Standard Material Cost Per Unit“, the price shown has the following properties: | ||
Revision as of 17:23, 18 September 2023
Standard Cost
In the field "Standard Material Cost Per Unit“, the price shown has the following properties:
- It follows the decimal placss as set in the Preference.
- If the standard cost was recorded with more than the decimal places as set in Preference, then the number of decimal places follows and the price will show the full decimal places. For example, if your preference decimal places were set to 2, and the product price was calculated contains 6 decimal places, say 12.678912 and it was recorded. Then, when you recall the standard cost, it will show 12.678912 although your decimal places was set to 2.
- If the user at this point change the price to 12.6789, the system will capture the full 12.6789. But it will not go back to 12.678912. And if user change the price further to 12.68, then it will be recorded according to this new price with the decimal places of 2. Thereafter, unless the Preference is set again to higher decimal places, it will remain as 2 which is 12.68.