Hi - can anyone explain to be what the function of 'Planned Standard Cost Roll-up" does vs. "Revalue Standard Cost Inventory"? I understand I need to run the one before the other, but what exactly does "Planned Standard Cost Roll-Up" do? The Item360 Standard Cost values don't seem to change so I'm trying to pin down exactly what it is updating (if anything is user visible..)

@Patrick Planned Standard Cost Records are created. Once planned standard cost records exist for each item, the revaluation uses that to updated the standard cost on the item record.

Great - that makes sense. Do you know what value is show in the Item360 panel on an item? Is that the revaluation amount?

I’m not familiar with the Item360 tab. It’s not directly related to the Standard Costing procedures. I believe it has more to do with demand planning.