Calculating Standard Cost

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An intermediate video requires some previous experience with Business Central, but it is still easily accessible to most people. Intermediate Watch the "basic" videos to take the tour of the main processes of Business Central. This is the basic, need-to-use functionality. The Basics

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Presenter: Sune Lohse, Chief Strategy Officer

How to calculate standard costs in Business Central?

In this video, I want to show you how to calculate standard cost on an item, which is a production item.

This is what happens in the video

From my menu, I will enter the item list and I’ve made a hierarchy on a new item number, that I call City Bike Alu Rim, and that contains a new BOM, but an existing routing.

Now the standard cost is zero because I didn’t calculate it yet.

So, from the Navigate tab, I go into the BOM, and because this is a production item, I will go into production.

Calculate standard cost.

And here I can choose top level, if I only want to go one level down, or I could choose all levels, if I want to calculate the complete hierarchy of this item.

and press OK.

And it updates my standard cost, which is now on this item 1,729 etc.