No record of variance is recorded in F4111 and F0911 for DMAAI 4335 standard cost variance
Hi team,
i am trying to replicate a standard scenario:
When a receipt is done with the cost that is different from the item's standard cost, an OV record is written to the Cardex (F4111) with the quantity, price and total amount.
A second OV record is written with blank quantity and .0000 Unit Cost. The total amount of the difference, the difference between the actual cost and the standard cost, is written to the Extended Cost field.
Considering the following example:
- Create a Purchase Order (P4310) for one quantity of an item with a purchase order price of $120. Standard cost for the item is $100.