Inventory Warehouses Warehouse Explorer

The Warehouse Explorer (continued)

Warehouse Menu Tree (continued)

Purchase Price Variances

When highlighting the Purchase Price Variances tree option, the Active Pane will display a list of all variances that have been recorded to the general ledger due to a bill being entered for an amount that differed from the receipt cost.  Employees responsible for maintaining the standard costs on inventory parts should regularly review this list to determine whether it is time to change part standard costs.  Double-clicking on an item within the Active Pane will display the transaction that created the purchase price variance.

There are no Right-Click options available for the this menu option.

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