Interface Standard Costs

Use the Interface Standard Costs scheduled process to load the standard costs for materials into the costing application. The process validates the standard costs before loading the costs.

After the costs are successfully loaded, you can publish the standard costs. If you use standard cost method to value your inventory, publishing standard costs would revalue your inventory. These published costs will be used to cost your inventory transactions.

When to Use

This process is initiated automatically when you use the Import Standard Costs tab in the standard costs spreadsheet to load a high volume of standard costs, and you can’t alter when or how often it runs.

Privileges Required

None. The process is initiated automatically when you use the Import Standard Costs tab in the standard costs spreadsheet

Specifications

Review the following before setting up this process:
Specification Description
Job Type Ad hoc job. System initiated.
Frequency This process is initiated automatically when you use the Import Standard Costs tab in the standard costs spreadsheet.
Time of Day Any time.
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

Only one instance of the process should be running at any point in time for a given cost scenario. Running multiple instances of the process simultaneously could lead to data corruption.

While this process is running for a particular cost scenario, the following processes can’t be run for that scenario:

  • Roll up Costs

  • Update Standard Costs

Parameters

None.

Troubleshooting Information

  • You can view the status of the process in the Scheduled Processes work area.

  • Error and warning messages encountered while running the process are displayed in the process log file.

  • When the process is submitted, you can Resubmit, Put on Hold, Cancel Process, Release Process as provided by the Scheduled Processes work area.

  • 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.