6.1 Mfg-Stk Cost Problems

What cost method are you using? Standard cost is the most reliable
(easiest for software to handle.) Even standard can leave amounts in
WIP (positive or negative) due to cost overruns or efficiencies.

--- In vantage@yahoogroups.com, "Geary, Stephanie" <sgeary@...> wrote:
>
> We are on 529 but the only time we see errors when moving parts to
stock
> is if the bill of material is incorrect on the per piece need or if
the
> labor quantities are incorrect.
>
>
>
> ________________________________
>
> From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On
Behalf
> Of Norm Watkins
> Sent: Tuesday, February 27, 2007 9:34 AM
> To: Vantage@Yahoogroups. Com
> Subject: [Vantage]6.1 Mfg-Stk Cost Problems
>
>
>
> We're on Vantage 6.1 540
>
> Has anyone seen a problem with correctly moving material costs from
jobs
> to
> stock? We make all parts for stock and frequently transfer partials
to
> stock as they are completed as Customers allow us to ship partials.
The
> cycle times for making a part is such that we cannot wait at each
> assembly
> level for the complete lot before we begin the next assembly level.
We
> would never meet delivery dates if we moved only complete lots.
>
> We occasionally see transfers to stock that do not take all the
material
> costs - leaving significant $ in WIP after all completed parts have
been
> transferred to stock. The material costs are correctly in the job
before
> any transfers to stock.
>
> Any ideas on why this is happening?
>
> Norm Watkins
> Engineering Manager
> ELECPAC
> Phone: 847-639-2307
>
>
> This message has been processed via your triumphgroup.com e-mail
> address.
>
>
>
> [Non-text portions of this message have been removed]
>
We're on Vantage 6.1 540

Has anyone seen a problem with correctly moving material costs from jobs to
stock? We make all parts for stock and frequently transfer partials to
stock as they are completed as Customers allow us to ship partials. The
cycle times for making a part is such that we cannot wait at each assembly
level for the complete lot before we begin the next assembly level. We
would never meet delivery dates if we moved only complete lots.

We occasionally see transfers to stock that do not take all the material
costs - leaving significant $ in WIP after all completed parts have been
transferred to stock. The material costs are correctly in the job before
any transfers to stock.

Any ideas on why this is happening?

Norm Watkins
Engineering Manager
ELECPAC
Phone: 847-639-2307
We are on 529 but the only time we see errors when moving parts to stock
is if the bill of material is incorrect on the per piece need or if the
labor quantities are incorrect.



________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Norm Watkins
Sent: Tuesday, February 27, 2007 9:34 AM
To: Vantage@Yahoogroups. Com
Subject: [Vantage]6.1 Mfg-Stk Cost Problems



We're on Vantage 6.1 540

Has anyone seen a problem with correctly moving material costs from jobs
to
stock? We make all parts for stock and frequently transfer partials to
stock as they are completed as Customers allow us to ship partials. The
cycle times for making a part is such that we cannot wait at each
assembly
level for the complete lot before we begin the next assembly level. We
would never meet delivery dates if we moved only complete lots.

We occasionally see transfers to stock that do not take all the material
costs - leaving significant $ in WIP after all completed parts have been
transferred to stock. The material costs are correctly in the job before
any transfers to stock.

Any ideas on why this is happening?

Norm Watkins
Engineering Manager
ELECPAC
Phone: 847-639-2307


This message has been processed via your triumphgroup.com e-mail
address.



[Non-text portions of this message have been removed]