This webinar is to provide end-user training for people new to Dynamics.  Periodically users must update the costs of the standard components and roll the new costs up to the parent item. The process typically consists of the following steps:

1. Suggest item Standard Cost
2. Review and update costs at the component and capacity levels.
3. Consolidate and roll up the component and capacity costs to calculate the items’ total manufacturing or assembly cost.
4. Implement the standard costs entered when you run the previous batch jobs. The standard costs do not take effect until they are implemented. For more information, see Implement Standard Cost Changes.
5. Implement the changes to update the Unit Cost field on the item card and perform inventory revaluation.