Calc. Standard Cost

spena

Hi,

We are using Standard Costing. My client will be adding new Production BOMs to the system quite often. Since the new items would not have any inventory on hand, do we still need to run the Standard Cost Worksheet to rollup the standard cost? Or, would it be ok to use the Calc. Standard Cost from the item card?

I know that the Standard Cost Worksheet should always be used when rolling up standard cost, so we can get a revaluation journal. My question is why is the the Calc. Standard Cost button available? When would this button ever be used?

Also, what is the difference between the "Top Levels" and "All Levels" option when clicking Calc. Standard Cost?

Thanks,

Steve