Hi Team,
We’re using IFS Apps 7.5 and having the attached query regarding the ‘Planned Personal Cost’ calculation for the Work order.
Have attached our investigation into the same, any suggestions or further inputs for the resolution would be much helpful.
Regards,
Venkat
Best answer by Thommy
Hi
I have some input on your question - “Can someone throw some more lights on the difference amount between Actual Cost amount and Planned Cost Amount (5956.70 – 4322.00)”
The planned cost amount is based on the inventory cost at the moment of planning (creating) the material line.
The actual cost amount is what the inventory cost for the material was at the point of issuing it.
So the difference would most probably be because of changing in inventory value between the time of planning and the time of issuing.
That would be my best guess.
+12Hi
I have some input on your question - “Can someone throw some more lights on the difference amount between Actual Cost amount and Planned Cost Amount (5956.70 – 4322.00)”
The planned cost amount is based on the inventory cost at the moment of planning (creating) the material line.
The actual cost amount is what the inventory cost for the material was at the point of issuing it.
So the difference would most probably be because of changing in inventory value between the time of planning and the time of issuing.
That would be my best guess.
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