End of Day Inventory Control Pricing

Standard Cost Change Report

This End Of Day (EOD) report is produced during the Inventory EOD processing.

It shows products where the standard cost has changed out of the bounds of the Cost Variation % defined in System Options. For example, if you set the Cost Variation percentage to 8%, this report will include products where the standard cost has changed +/- 8% i.e. more or less than 8%.

Can I Exclude It?

Yes.

You don’t need to monitor this report, however it can be a useful tool for maintaining gross margins.

Can I Reproduce It?

Yes, but not in its exact form. This report is available on the menu, but whereas the report produced by EOD contains only those items where the standard cost changed more than the set percentage, the report run from the menu shows all cost changes regardless of the Cost Variation %.

Who Should Receive It?

Typically, this report should go to someone managing prices and margins.

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