Publish Costs

After you're satisfied with the results of the cost calculations and analysis, you can publish the costs by running the Update Standard Costs task from the Manage Cost Scenarios page.

The cost update process automatically implements the new standard costs defined in the cost scenario on the date set as the effective date of the cost scenario. You can perform standard cost updates for any date, including a past or future date.

1. In the Cost Accounting work area, click the Manage Cost Scenario task.

2. Search for and select the cost scenario that you want to publish costs for.

   If you select a cost scenario with a periodic average cost enabled cost book, then steps 3 through 5 are not applicable. You can directly perform step 6.

3. On the View Cost Scenario page, select Roll up Costs from the Actions menu.

4. On the Roll up Costs dialog box, select the Notify me when this process ends option and click Submit.

5. Click Done.

6. After the Roll up Costs process is successfully completed, run the Update Standard Costs process from the Actions menu.

7. On the Update Standard Costs dialog box, select the Notify me when this process ends option and click Submit.

Additionally, you can schedule this process for configured items. This ensures that whenever there's a rolled-up cost for a configured item, the process publishes its cost to be used for processing the transactions.

Note:

• For a new item that doesn't have a prior published cost, the first published cost for the item and valuation unit combination will be effective as of 01-Jan-1900. This is to ensure that all transactions for the item prior to the cost scenario effective date are costed.
• You can use the Undo Cost Update task to reverse the effects of any unintended cost updates. This isn’t applicable for cost scenarios created using periodic average cost enabled cost books.
• You can't unpublish the cost scenario or delete the standard costs after they have been used in any transactions. If you want to change the standard cost for an item, you must create and publish a new costs scenario with the appropriate dates.
• You can't unpublish cost scenarios created using periodic average cost enabled cost books.
• You can't delete published standard costs and resource rates for periodic average cost enabled cost books.
• If you add any new standard costs and resource rates to a published cost scenario created using a periodic average cost enabled cost book, the scenario state changes to Redo Update Costs Required. You must run Update Standard Costs to republish the cost scenario. You don't need to republish a cost scenario after updating existing standard costs and resource rates. Updated standard costs and resource rates for a published cost scenario are automatically processed by the cost processor as long as the period is in the open or pending close status.
• In the case of a supply chain cost rollup enabled cost scenario, when a buy cost is published using the Update Standard Costs process, it will be used to roll up the item cost in the subsequent cost scenarios.
• In the case of a supply chain cost rollup enabled cost scenario, the Update Standard Costs process will publish the costs and rates to multiple cost organization and cost books, if the cost scenario references a cost rollup group.