Def - Costing - Exclude from Costing

Exclude from Costing Items are Items where Costs and Cost History are not maintained. They are identified as all non-inventory items (The 'Costing Method' of non inventory items is not editable and defaults to "Exclude from Costing") and Inventory Items with a 'Costing Method' of "Exclude from Costing". For these Items:

  • No costs can be maintained because they are excluded from all the Cost and Cost History tables.
  • The perpetual inventory balances that may be maintained (for Inventory Items) will always have a $0.00 cost. 
  • When the transactions post to the General Ledger, these line items will not be evaluated to make any of the additional costing journal entries.