Costing Rules

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Introduction

A costing rule can be applied during cost calculation. Each costing rule requires a costing algorithm and a valid from date to properly calculate the cost of material's transactions. The "Warehouse" can be configured as a dimension to take into account while calculating costs.

Costing Rule

The costing rule window allows to define and validate costing rules.

Initialization

The initialization tab is a read-only tab which allows to review the "Closing" / "Opening" physical inventory created to validate a costing rule. Every time that a costing rule is validated a new record is created for each Organization and Warehouse. This record contains links to the physical inventories created.

Full list of Costing Rules window fields and their descriptions is available in the Costing Rules Screen Reference.

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