Item Cost Variation

ERPNext
1

Hello Team,

am facing an issue of one item cost (Purchase Price Rate 480 Rs) but it showing as 38,572 Rs in BOM.

Please let me know from where the cost is getting fetched

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pls help

2

What is “Rate Of Materials Based On”?

3

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4

If there is a valuation rate then check the valuation rate of the item by going to that stock balance.

5

Dear Sir,

We do understand now that, we have some variations in below points

  1. Valuation Rate is automatically calculated by the system or to be entered manually?
  2. BOM cost should be inclusive of Item price + duty cost added on it , how to arrive to these results?
  3. What settings and set up needs be done?

Sir , we need to correct at the base level, pls share me any guide or link so that we can read and implement this.

Prasad

6

Please check the documentation and how it works.