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How to setup OSP item without standard Cost and costing entries should hit Expense account

edited Apr 4, 2025 10:30AM in Costing 3 comments

Summary:

Hi Folks

We need to configure the OSP item without a standard cost, ensuring that related OSP PO entries are charged to the expense account. Currently, these entries are impacting WIP valuation at the PO price, with PPV reflecting the variance between the PO price and the standard cost.

Our customer prefers not to define a standard cost for OSP items and wants the PO price to be used for costing entries directly in the expense account.

If anyone has encountered a similar business requirement and implemented a solution, please share your insights.


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