E1: 41: Costs in Distribution (P4105/P4210/P42101/P4310/P4312/P4314) (Doc ID 625596.1)

Last updated on OCTOBER 10, 2023

Applies to:

JD Edwards EnterpriseOne Inventory Management - Version XE and later
JD Edwards EnterpriseOne CRM Sales Order Entry - Version XE and later
JD Edwards EnterpriseOne Sales Order Management - Version XE and later
JD Edwards EnterpriseOne Sales Order Entry - Version XE and later
JD Edwards EnterpriseOne Inventory Foundation - Version XE and later
Information in this document applies to any platform.

Purpose

This document provides an overview of Inventory, Sales and Purchasing costing including how the information is stored and used.

Scope

Details

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In this Document

Cost Levels (CLEV)

Cost Methods (LEDG)

Cost Revisions (P4105)

Where Are Costs Stored?

Which Cost Does the System Use?

Costing Method - Sales/Inventory

Costing Method - Purchasing

Examples of Costing Methods

Cardex: IB Transactions

Updating Item Costs

Updating Costs for an Item across Multiple Branch/Plants

Update Costs for Multiple Items across Multiple Branch/Plants

Updating Average Costs for Items

Updating Current Item Costs with Future Costs

Updating Unit Cost at Receipts (P4312) and Voucher Match (P0411/P4314)

Explanation of Calculated Cost Methods

01 - Last In Cost

02 - Weighted Average Cost

06 - Lot Cost

07 - Standard Cost

08 - Purchasing - Base Cost No Adds

Item Cost Level Conversion (R41815)

Flexible Accounting on Item Cost Changes

First in First Out Inventory Costing (FIFO)

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