Standard cost query

I’ve noticed that many of our parts have a standard cost in Part Tracker that varies from the standard cost in the Bill of Material for the same part. Could you please advise why this might be occurring? Also, could you please advise what we can do to avoid this from happening? Is there perhaps an option we need to check or select to ensure the numbers always match.

That standard cost that you see in Part Tracker is what you standard cost is set to. This value does not change until you change it. You can change it via a Cost Adjust or via a Cost Roll, but it’s static until you do. That standard cost could be a day old, a year old, or a decade old.

The cost you see in View Costs / BOM Cost Report etc are calculated at run time and are real-ish time. These costs won’t always be the same, and that’s not necessarily a problem. This reflects the current costs of materials, labor, burden, and subcontract as of right now. It might be as simple as your Standard Cost is a bit dated. It might need to be updated, or this might be legitimate variance.

There are other variables that could be at play too. Things like Costing Lot Size could cause different numbers if you are including setup time in your methods and not comparing apples to apples.

I suspect you may be dealing with a process issue as opposed to a configuration issue here.

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Which one? I have 5 (2 for one site and 3 shared by 2 other sites). We use a new cost set every year. If you only have one, then that’s fine.