Standard Cost Default Variance Accounts Tab

Use this tab to display the default or edit the account/organization information. to be used when standard costing method is used.

Separate account/org combinations can be specified for Asset and Project WIP Asset Variances.

Asset Variance Accounts

Materials Purchase Price Variance

Field Description
Account

Enter, or click to select, the default account where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part, if standard costing is used.

Enter, or click to select, the default organization abbreviation where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part, if standard costing is used.

Materials Usage Variance

Field Description
Account

Enter, or click to select, the default account where all the material usage variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material usage variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the material usage variance amounts will be posted, if standard costing is used.

Materials Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the material overhead cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material overhead cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the material overhead cost variance amounts will be posted, if standard costing is used.

Subcontract Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the subcontract cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the subcontract cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the subcontract cost variance amounts will be posted, if standard costing is used.

Subcontract Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the subcontract overhead cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the subcontract overhead cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the subcontract overhead cost variance amounts will be posted, if standard costing is used.

Labor Cost Variance

Field Description
Account

Enter, or click to select, the default account where labor cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where labor cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where labor cost variance amounts will be posted, if standard costing is used.

Labor Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where labor overhead cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where labor overhead cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where labor overhead cost variance amounts will be posted, if standard costing is used.

Misc 1 Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 1 cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 1 cost variance amounts will be posted, if standard costing is used. If average costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 1 cost variance amounts will be posted, if standard costing is used.

Misc 1 Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 1 overhead cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 1 overhead cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 1 overhead cost variance amounts will be posted, if standard costing is used.

Misc 2 Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 2 cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 2 cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 2 cost variance amounts will be posted, if standard costing is used.

Misc 2 Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 2 overhead cost variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 2 overhead cost variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 2 overhead cost variance amounts will be posted, if standard costing is used.

Labor Efficiency Variance

Field Description
Account

Enter, or click to select, the default account where all the labor efficiency variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the labor efficiency variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the labor efficiency variance amounts will be posted, if standard costing is used.

Labor Efficiency Overhead Variance

Field Description
Account

Enter, or click to select, the default account where all the labor efficiency overhead variance amounts will be posted, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the labor efficiency overhead variance amounts will be posted, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the labor efficiency overhead variance amounts will be posted, if standard costing is used.

Project WIP Variance Accounts

Materials Purchase Price Variance

Field Description
Account

Enter, or click to select, the default account where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part,for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the material purchase price variance amounts will be posted when there is a variance between the purchase price and the standard price of the part, for Project WIP Assets, if standard costing is used.

Materials Usage Variance

Field Description
Account

Enter, or click to select, the default account where all the material usage variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material usage variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the material usage variance amounts will be posted,for Project WIP Assets, if standard costing is used.

Materials Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the material overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the material overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the material overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Subcontract Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the subcontract cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the subcontract cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the subcontract cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Subcontract Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where all the subcontract overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the subcontract overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the subcontract overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Labor Cost Variance

Field Description
Account

Enter, or click to select, the default account where labor cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where labor cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where labor cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Labor Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where labor overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where labor overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where labor overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Misc 1 Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 1 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 1 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used. If average costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 1 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Misc 1 Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 1 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 1 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 1 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Misc 2 Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 2 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 2 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 2 cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Misc 2 Overhead Cost Variance

Field Description
Account

Enter, or click to select, the default account where Misc 2 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where Misc 2 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where Misc 2 overhead cost variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Labor Efficiency Variance

Field Description
Account

Enter, or click to select, the default account where all the labor efficiency variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the labor efficiency variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the labor efficiency variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Labor Efficiency Overhead Variance

Field Description
Account

Enter, or click to select, the default account where all the labor efficiency overhead variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Organization

Enter, or click to select, the default organization where all the labor efficiency overhead variance amounts will be posted, for Project WIP Assets, if standard costing is used.

Org Abbrev

Enter, or click to select, the default organization abbreviation where all the labor efficiency overhead variance amounts will be posted, for Project WIP Assets, if standard costing is used.