Sage 200 UKI

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Sage 200 Manufacturing - Standard Cost Variance on Works Order Operations

Posted By Jim Dale over 3 years ago

Hi - When posting operation costs to a Works Order that make the actual completed costs different to the standard cost of the finished item can anyone suggest the best way to identify these variances? It seems they just get posted to the balance sheet stock account while the stock valuation is using the standard cost of the item. This obviously results in an imbalance between the stock value and nominal.

0 Steven Baker over 3 years ago

Hi Jim. When you have a build cost variance on a standard cost item the variance is handled the same way as purchase price variances - it's accumulated but doesn't post automatically, you have to run the Standard Cost Variances option in POP Maintenance.
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0 Jim Dale over 3 years ago in reply to Steven Baker

Hi Steven,

Thanks for the reply. I had been told (i thought by a reliable source!) that the routine only worked on purchased goods but i see now you are quite right and it does pick up build cost variances as well. Should have tested it myself! Thanks again.
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Sage 200 UKI

Sage 200 Manufacturing - Standard Cost Variance on Works Order Operations

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