Updating Standard Cost for an Item in Item Master Data

[Former Member]

How do you change the Item Cost field under the Inventory Data tab in Item Master Data if Standard Cost is selected as Valuation Method. This field is greyed out.

[jitin_chawla · Accepted solution]

Hi,

Please check Inventory revaluation if the same helps.

Test in Demo database.

Kind regards,

Jitin

SAP Business One Forum Team.

[Former Member]

You don't have any options to Updating Standard Cost for an Item. This field is exclusively for B1 to calculate. What you can do is to use Inventory Revaluation to revalue AvgPrice on each warehouse .

Thanks,

Gordon

[Former Member]

Hi ,

If you have an inventory in the warehouse , you cannot change the item price of the standard cost .

So it is greyed out .Once you donot have inventory ,this field becomes active and you can enter the price .

Second option is from Item Revaluation .

Please test it in test environment

Thank you

Bishal