Edit Standard Cost Revaluation – A summary of the activity

This activity enables you to modify the revaluation document that is in the “Draft” or “Fresh” status. Revaluation is performed, when the standard cost of a part is modified.

You can also cancel the revaluation document in this page.

Getting familiar with the pages inside

What you can do in this activity

Modify standard cost revaluation document

Cancel standard cost revaluation document

Maintain document references

View the impact of revaluation

Modify standard cost revaluation document

You can modify all the details pertaining to the standard cost revaluation document that is in the “Draft” or “Fresh” status.

• Use the “Select Revaluation #” page to select a revaluation document for modification.

• Use the “Edit Standard Cost Revaluation” page to modify all details pertaining to the standard cost revaluation.

Cancel standard cost revaluation document

You can cancel the selected revaluation document. Once canceled, the revaluation document cannot be used in any transaction. Only revaluation documents, which are in  “Draft” or “Fresh” status, can be cancelled.

•  Use the “Select Revaluation #” page, to select a revaluation document for cancellation.

• Click the “Cancel Revaluation” pushbutton, to cancel the selected revaluation document.

The system updates the status of the revaluation document to “Canceled”.

Maintain document references

You can enter the reference document for revaluation.

•  Use the “Select Revaluation #” page, to select a revaluation document.

• Use the “Maintain References” page, to enter the reference details such as document name, file name and the file type.

View the impact of revaluation

You can view the impact of the standard cost revaluation for a part number, in a revaluation document.

• Use the “Select Revaluation #” page, to select a revaluation document

• Use the “View Value Impact – Stocking Location wise” page, to view the impact of the revaluation for a selected part number.