Item Costing Specifications
The following are the item costing specification attributes and their possible values. You set these attributes when defining or updating items.
Item Costing Specifications
Costing Enabled
Indicates whether to report, value and account for any item costs
For example, you might disable costing for reference items, or for invoice only (non-stock) items that you never ship and never hold in inventory.
Include in Rollup
Indicate whether to include an item in the cost rollup.
Inventory Asset Value
Indicate whether to value an item as an asset in inventory
Turning this option off indicates an expense item.
Standard Lot Size
The amount of a particular item that is ordered from the plant or a supplier or issued as a standard quantity to the production process.