TPS Standard Cost History

Track historical costs prior to each standard cost update cycle

On top of tracking historical standard costs at the time of implementation from the standard worksheet, you can also choose when to permit or prohibit edits to the standard cost, indirect cost %, and overhead rate fields on the item card. This setup ensures that the functions on the standard cost worksheet are used to roll and implement standard cost changes rather than a user directly editing the fields directly on item card. You will also have greater visibility into some of the hidden rolled-up and single-level cost fields on the item card.

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Why should you monitor your standard cost history?

When you use Standard Cost as a costing method in Microsoft Dynamics 365 Business Central, you can update the standard cost, indirect cost %, and overhead rate fields directly on the item card. Updating can become problematic, however, once the item has historical transactions. With this app you regain the ability to audit and compare the standard cost on your item card or worksheet.

• Give your Accounting and Finance teams control over your standard cost on the item card and standard worksheet
• Save time auditing by preserving historical standard costs
• Efficiently roll-up your standard cost when it best suits your objectives

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Supported Editions

This app supports the Essential and Premium editions of Dynamics 365 Business Central beginning with version 20.

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Ready to track standard cost history?

Contact us at Ternpoint Solutions to learn more about Standard Cost History for Business Central – as well as our other products for Accounting and Business Central.