Mat. cost for WO expected
This parameter—VLTMATEXT—is used to define the type of cost to use in the provisional production cost calculation to value work order components.
It is used in the Calculate expected cost function (CALMFGCOST) and the WIP valuation calculation function (ORDWIPVAL). The standard price, revised price, last price, or weighed average price can be used.
Level of localization / Global variable
This parameter is defined at the level Site. It belongs to Chapter TC (Common Data) and the Group COS (Costs), The following parameters are also associated with this chapter and group:
- CLCBUDMAT (Mat cost selection bud calc)
- CLCCUTMAT (Mat cost selection act calc)
- CLCSIMMAT (Mat cost selection sim calc)
- CLCSTDMAT (Mat cost selection std calc)
- VLTSEMEXT (Manuf. cost for WO expected)
The global variable GVLTMATEXT is associated with it.
Functions concerned
The following functions are associated with this parameter:
Costing > Production costs > Calculate expected cost
Costing > Subcontract costs > Calc. expected subcon. cost
Costing > WIP > WIP valuation