I am new to Ax2009 standard costing method. I need advice for the functionality.
Let sat i have a simple BOM 2 level. All is setup with standard costing.
Level 0. FG , std cost USD 20
Level 1. SubBom , std cost USD 20
Level 2. Rawmat A, Std cost USD 5
Level 2. Rawmat B, std cost USD 15
If let say, i re-valuate the Rawmat A, Std cost to USD 7.
If there any function in Ax2009 that can help us to roll up the cost for Level 1 and Level 0 ?
From memory (as it is AX2009) you would need to identify the items by "level" and then run the batch routine for that level. However this is a standard cost update, this means your cost is set for an accounting period, usually a financial year with the variances being analysed by the cost accountant and then making adjustments for the future period based upon trends and costs. So you should not be doing this daily, that would not be the point of standard costing!