Update Standard Costs
Use the Update Standard Costs scheduled process to update item and resource costs for cost accounting.
When to Use
After you run the Roll Up Costs process for a cost scenario and are satisfied with the calculated standard costs for items and resources, run the Update Standard Costs process to publish these standard costs to Cost Accounting. You can also invoke this process from the cost scenario page.
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 | There are no incompatibilities. |
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 published to cost accounting. | 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.