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Purchase Receipts and Price Variance Detail
Purchase Receipts and Price Variance Detail
IA530A
DATE 2/21/92 ANDERSEN SOFTWARE COMPANY PAGE 1
TIME 11:32:09 CO
REPORT IA-530A LOC
PURCHASE RECEIPTS AND PRICE VARIANCE DETAIL REQUESTOR WILLIAMS
FISCAL PERIOD: 00
PART NUMBER/ RECEIPT QUANTITY PRICE VARIANCE/
DESCRIPTION WHS NO RECEIVED UNIT COST EXTENDED COST STD CHG VARIANCE
------------------------- --- ------- -------------- ----------------- ----------------- -----------------
MPC1505 No records within specified range
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Purpose
The Purchase Receipts and Price Variance Detail Report prints all purchase order receipt transactions. It lists the purchase cost of the receipt, the standard value of the inventory at the time of receipt, and the standard value at the end of the period. The difference between the purchase cost and the standard at receipt is expressed as purchase price variance; the difference between standard at receipt and standard at period end is expressed as standard change variance. The report provides an audit trail of purchase receipts and is a tool for analyzing the validity of standard cost and the effectiveness of purchasing.
Report Sequence
Company, location, part, warehouse, purchase order number.