Hi
can anyone explain the difference between shop order total standard cost, shop order total estimate cost and shop order total actual cost?
when reviewing the data they are all different and don't understand what data it is pulling from.
regards
Jamie
Best answer by AanHGTS
View original
+12
Standard Cost - comes from the Part Cost
Estimate Cost - comes from the Material and Operation of the Shop Order. If Material and Operation of the Shop Order hasno changes to BOM and Routing, should be the same as Part Cost
Actual Cost - comes from the Actual report of operation and material costs
Aan
so what is the difference between standard cost and estimate cost?
is it not both the same thing, material and operational labour costs
regards
jamie
+12
Another example would be, say Structure and/or Routing has changed and Part Cost not calculated based on the new Structure and/or Routing changes. So Shop Order estimate cost will calculate based on the new changes fetched from the Structure and Routing, but the Standard will be the same.
Estimate cost is the estimate for that Shop Order based on the cost contributors in that Shop Order.
In other words if the cost contributors for Part Cost (Standard Cost) and Shop Order Estimate cost, are different then you will see different figures in Standard Cost and Estimate cost.
Hi all!
Just to add a detail to the Standard Cost in the shop order cost screen: If you for example look at an old closed shop order from beginning of 2021, system retrieves standard cost from Part Cost History - the standard cost that was valid when the shop order was closed. And that is nice :-)
Cheers,
Mats
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