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#costmanagement

#costsheet

Dynamics 365 Supply Chain Management

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Feb 20, 2024

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  • The article is titled "Tip of the Day: Many companies that use Microsoft D365 Finance and Supply Chain (D365 F&SC) face a challenge when it comes to accurately valuing their inventory."
  • The challenge is to include freight and other overhead costs in the item cost without creating a purchase price variance (PPV).
  • The companies also want to track burden cost separately in an absorption account.
  • The article aims to show how to set up the cost sheet feature in D365 F&SC to automatically calculate and post the burden cost.
  • The cost sheet feature helps companies accurately value their inventory by including additional costs.
  • By setting up the cost sheet correctly, companies can avoid creating a purchase price variance.
  • The burden cost can be tracked separately in an absorption account, allowing for better cost analysis.
  • Overall, the article provides a solution for companies using D365 F&SC to accurately value their inventory and track burden costs.

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