Purchase price variance
Use this report to identify variances between the item standard cost or revised standard cost, and the invoice cost.
This report is a useful management tool for reviewing the items that are purchased above or below an item cost.
Prerequisites
Access to the report
This report is accessible from the report menu of the group Purchase analysis.
List of criteria
Parameter | Parameter title | Type |
|---|---|---|
datedeb | Date range | D |
sitedeb | Site range | |
itmrefdeb | Product reference range | |
clientdeb | Supplier range | |
cost | Cost (Local menu Standard cost, Revised standard cost) | |
impselections | Print selections (Local menu No, Yes) |
Description of the report
The report details include receipt/return number, site, purchase order number, invoice/credit memo number, product ID, quantity, item cost, purchase order cost, invoice cost, and variance amount in dollars and percentage.
The report filters include the date, site, product, and supplier.