Standard Cost Does Not Update in Item Master After Performing Inventory Standard Cost Change

Questions and Answers

Q: In the Inventory Control (IC) application module, there is an option to perform an inventory cost change (Under the Transaction menu, point to Change Cost/Prices and click Standard Costs). After updating  the Standard Cost for an item, the new standard cost is not updated in the Cost/Usage tab in Item Master Maintenance.
A: If you have a company that uses multi location, by design the standard cost will only be updated in the Item at Location Maintenance screen.

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