Undo Cost Update
Use the Undo Cost Update process to revert the published standard costs that haven't been used to process any transactions.
When you publish standard costs to Cost Accounting, these new costs will automatically be updated on the effective date of the cost scenario. Until this effective date, you can use this process to undo the cost update. Also, you can undo the standard cost update only if it hasn't been used to process any transactions.
For example, you discover that you want to revise the standard costs recently published but not yet effective. You can run this process, make necessary changes to standard costs and resource rates associated with the cost scenario, roll up the costs in the cost scenario, and then publish them by using the Update Standard Costs process. Typically, this would be done by running an ad hoc job as needed and not on a recurring schedule.
When to Use
You can run this process any time it is necessary. Typically, you won't need to use this process often.
Privileges Required
- Publish Standard Costs (CST_PUBLISH_STANDARD_COSTS)
Specifications
| Specification | Description |
|---|---|
| Job Type | Ad hoc job. |
| Frequency | You can run this process as often as desired. |
| Time of Day | Run this process any time of day, preferably during low user activities. |
| Duration | Runtime of this process will vary based on the number of standard cost items and amount of standard cost details for the items. |
| Compatibility | You can't use this process for cost scenarios associated with periodic average cost enabled cost books. |
Parameters
| Parameter | Optional or Required | Description | Parameter Value | Special Combinations Required | Notes |
|---|---|---|---|---|---|
| Scenario | Required | The cost scenario for which the standard costs need to be unpublished. | Cost Scenario Name | N/A | N/A |
Troubleshooting Information
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You can view the status of the process in the Scheduled Processes work area.
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Error and warning messages encountered while running the process are displayed in the process log file.
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When the process is submitted, you can Resubmit, Put on Hold, Cancel Process, Release Process as provided by the Scheduled Processes work area.
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To run the process, you must have data access to the appropriate Cost Organization. If you don't have data access to the selected Cost Organization, the process ends with a Warning status.