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Projects - EBS (MOSC)

Project Manufacturing - Reversal cost is at Standard Cost

Aug 3, 2010 7:42PM edited Aug 4, 2010 3:48AM in Projects - EBS (MOSC) 1 commentAnswered

Hi,

We are facing a situation, We have standard costing and have implemented Project Manufacturing. Below is the case outline:

1. Create a WIP job with Porject and Task. Charge Material and Resource cost to the WIP Job.

2. Cost Transferred to the project is at Actuals

3. Complete the WIP Job and move the component to an sub inventory with original Project and Task

4. Transfer this component to another project and task due to emergency requirements

5. Reversal of cost on original project happens at Standard Cost not at the actual cost

6. Orginal Project is carrying the difference between the Actual and Standard Cost which it shouldn't.

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