Standard Costing - Article

ChessExpert

Hello there experts. I was wondering if anybody could direct me to any articles about "NAV Standard Costing". For example, would it be beneficial to convert to "Standard Costing" or what are the advantages on switching from any costing method to "Standard" costing.

Thanks in advance.
ChessExpert.

themave

this is a question for your accountant.

standard costing is an accounting method. Navision simply supports it.

In nearly every case, once you pick a costing method, it is hard to change. because of tax implications. Am I am not talking about how tax is calculated in an erp program, I am talking about tax filing with government agencies.

ara3n

You can also google

advantages of standard costing and learn more about the benefits of different costing method, and in what business line they apply.

ChessExpert

Thanks everyone. I found a good one in google.