This parameter is used in the WO provisional cost calculation function and the WIP valuation calculation function.
It is used to choose which cost (standard, revised, last price, weighed average price) should be used during the provisional production cost calculation to value the material (identical to the WIP valuation).
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 GVLTMATEXT is associated with it.
The following functions are associated with this parameter :
Costing > Production costs > Calculate expected cost
Costing > Subcontract costs > Calc. expected subcon. cost
CALMFGCOST WO provisional cost calculation function
ORDPROVAL WIP valuation function