RE: [Axapta-Knowledge-Village] Actual versus standard cost

[Craig Fidler]

Title: Message

Hi James,   Would this be used is a commodity based type environment??   Standard cost is best suited to an environment where a trade agreement has been structured for a long term. (6months – 12 months)and where the product either being procured or manufactured is price sensitive and or volatile.     Although it must be said that actual cost has its advantages as you know your true margin at time of sale.       Regards,   Craig   From: James Flavell [mailto:[EMAIL PROTECTED] Sent: 02 March, 2005 7:38 PM To: Axapta-Knowledge-Village@yahoogroups.com Subject: [Axapta-Knowledge-Village] Actual versus standard cost   Can anyone provide me the benefits and drawbacks for using actual costing versus standard costing and in which situations one might be better than the other (i.e. reason to use or not to use).   When is it adviseable to use one and not the other? Is Axapta's standard cost feature considered good and if not is it therefore advisable to avoid using it? (I heard a few people mention it is not good)   Thanks James   Sharing the knowledge on Axapta.   The views expressed in this email are, unless otherwise stated, those of the author and not those of the BS3 Technologies Group or its management.  The information in this e-mail is confidential and is intended solely for the addressee. Access to this e-mail by anyone else is unauthorised. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted in reliance on this, is prohibited and may be unlawful.  Whilst all reasonable steps are taken to ensure the accuracy and integrity of information and data transmitted electronically and to preserve the confidentiality thereof, no liability or responsibility whatsoever is accepted if information or data is, for whatever reason corrupted or does not reach its intended destination. Sharing the knowledge on Axapta. Yahoo! Groups Sponsor ADVERTISEMENT Yahoo! Groups Links To visit your group on the web, go to: http://groups.yahoo.com/group/Axapta-Knowledge-Village/   To unsubscribe from this group, send an email to: [EMAIL PROTECTED]   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.