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 Specification Attributes

Attribute Name Description
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.