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Diff between IPV & PPV
Posted: Wed Sep 24, 2008 5:53 am
by amar_babu
Hi,
Can any one tell me what is the difference between Invoice Price Variance and Purchase Price Variance.
Regards,
Amar
Posted: Wed Sep 24, 2008 2:11 pm
by niletra
IPV:DIFFRENCE BETWEEN THE PO AND INVOICE IT GOES TO THIS ACCOUNT.......
PPV:
1)DIFFRENCE BETWEEN PURCHASE ORDER LINE PRICE AND STANDARD COST IT GOES TO THIS ACCOUNT ...........
2)PPV ONLY USED FOR THE STANDARD COSTING...........
3)IT IS NOT USED FOR THE AVERAGE COSTING
THANKS...
Posted: Thu Nov 20, 2008 9:47 am
by mstapps
CAN YOU EXPLAINE ME HOW WILL COME TO PLACE IPV AND PPV
THANKS AND REGARDS
MST