Standard Cost is different for the same item

sneha

Please suggest me how can I proceed in below scenario.
We have two companies (US and EU) and costing method is standard. In EU Company, same item can be purchased from US Company (intercompany)/ directly from vendors, but Standard cost is different. How to define the cost when one item associated with different costs?

jannestig

Since you are using standard costing you are basing your item along that methodlogies priciples.

Go to the item card and select Purchase > prices and setup the intercompany and vendor with their relevant prcing and UOM information.

This is no different then buying from another vendor the system will handle the rouding and variations created by currency and pricing differences based off the standard costing principles