Perpetual Average Costing Overheads
Summary:
Perpetual Average Costing - Overheads/Cost Components based on Suppliers or Item Category.
Content (please ensure you mask any confidential information):
Dear Team,
Business has decided to implement Perpetual Average Costing method for all the organizations. Item Cost of the Purchase Order transaction is PO Price+ Overhead/Cost Components percentage.
Business would like to have the Cost Components percentage vary based on the supplier.
Eg. Supplier#1, Cost Components Freight - 5%, Custom Duties - 10%.
Supplier#2, Cost Components: Freight - 10%, Custom Duties - 5%, Inbound Freight - 2%.
Or
Item Category#ABC, Cost Components Freight - 5%, Custom Duties - 10%.
Item Category#2, Cost Components: Freight - 10%, Custom Duties - 5%, Inbound Freight - 2%.