This field contains the type of value described in this entry.
A value entry can be one of the following types:
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Direct Cost |
Cost that can be traced directly to the cost object. |
|
Revaluation |
A depreciation or appreciation of the current inventory value. |
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Rounding |
Residuals caused by the valuation of inventory decreases. |
|
Indirect Cost |
Cost that is allocated without direct traceability to the cost object. |
|
Variance |
The difference between actual and standard costs, which is only posted for items using the standard costing method. |