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3. Updating Costs, Using Kits, and Lot P... > Updating average costs for items
This recipe demonstrates how you can update the average cost by using an interactive application and batch application Average Cost Update (R41811).
Before you run the Average Cost Update program, you should be familiar with the cost level of the items that you want to update. You should consider that:
- For all items with a cost level of 1, it is required to specify the branch/plant and locations
- For all items with a cost level of 2, it is required to specify the locations only
- If you select to run the update for items from all three cost levels, you should select by item number only
- You need to set up UDC 40/AV to specify the programs that update the Average Cost Work File (F41051)
