This parameter is used in the revised standard cost price calculation function for a product.
It is used to choose by default the material cost (standard cost, revised cost, budget cost, simulated cost, last price, weighed average price) that is to be used in the revised standard cost calculation for a product to value the materials.
This choice can be modified during the launch of the calculation.
This parameter is defined at the level Site.It belongs to Chapter TC (Common Data) and the Group COS (Costs),The following parameters are also associated with this chapter and group :
The global variable GCLCCUTMAT is associated with it.
The following functions are associated with this parameter :
Costing > Cost calculations > Revised cost calculation
Revised cost calculation function CALCSTCUT