9.05.702 - Changing a Manufactured Part from Average Costing to

Yahoo Archive
1

I would have to wonder what does this do to your cost of inventory .     On another question…  unrelated to your question (sorta) , but just putting it out there.  Do you have to file change of accounting method with IRS?   

 

 

Best Regards,

 

Dina M. Hieber

Vamco International, Inc.

555 Epsilon Drive

Pittsburgh, PA 15238

 

(412) 963-7100 x  203

(412) 963-7160

 

www.vamcointernational.com

 

*****

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From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 11:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

I get the message:

You have changed the following fields:

Cost Method

Do you want to refresh the part plant records with the changes?  Yes or No

 

My question to the group –

Does anyone know what this actually does?

What fields?

What if I say No, how can I tell? What are the consequences?

 

Patrick

 

2

I get the message:
You have changed the following fields:
Cost Method
Do you want to refresh the part plant records with the changes?  Yes or No
 
My question to the group –
Does anyone know what this actually does?
What fields?
What if I say No, how can I tell? What are the consequences?
 
Patrick
 
3
Just say yes...

Seriously, though.

Epicor stores the cost method in two tables (Part and PartPlant). It only uses the PartPlant one though. Unless you want different plants using different cost methods (very unlikely), you probably want to keep the part and partplant records in sync.


Tom Christie | Information Technology Manager | AGM Container Controls, Inc.<http://www.agmcontainer.com/> | tchristie@...<mailto:tchristie@...> | t: 520.881.2130 ext 2176

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 3, 2014 9:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.


I get the message:
You have changed the following fields:
Cost Method
Do you want to refresh the part plant records with the changes? Yes or No

My question to the group -
Does anyone know what this actually does?
What fields?
What if I say No, how can I tell? What are the consequences?

Patrick




[Non-text portions of this message have been removed]
4

Great Response. Thank You.

 

I have a BAQ available on the Part File to search and display all parts showing the costing method so I can monitor changes.

We only have one plant so I added the PartPlant table and the costing method field from it also.

I can now monitor if they said Yes or No to updating the PartPlant records while converting parts.

 

Thanks again.

 

Patrick Winter

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:23
To: 'vantage@yahoogroups.com'
Subject: [Vantage] RE: 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

Just say yes...

Seriously, though.

Epicor stores the cost method in two tables (Part and PartPlant). It only uses the PartPlant one though. Unless you want different plants using different cost methods (very unlikely), you probably want to keep the part and partplant records in sync.

Tom Christie | Information Technology Manager | AGM Container Controls, Inc.<http://www.agmcontainer.com/> | tchristie@...<mailto:tchristie@...> | t: 520.881.2130 ext 2176

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 3, 2014 9:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

I get the message:
You have changed the following fields:
Cost Method
Do you want to refresh the part plant records with the changes? Yes or No

My question to the group -
Does anyone know what this actually does?
What fields?
What if I say No, how can I tell? What are the consequences?

Patrick

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

This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the Specialty Screw Corporation company. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.

5

Patrick,

 

If you go from Average to Standard costing you are going to change a lot of your processes as well.  So like Tom said earlier…be careful what you want.  The system lets you change the costing method if there are no quantities on hand.  But it defaults to the one associated to the company config file.

 

Manasa

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

I get the message:

You have changed the following fields:

Cost Method

Do you want to refresh the part plant records with the changes?  Yes or No

 

My question to the group –

Does anyone know what this actually does?

What fields?

What if I say No, how can I tell? What are the consequences?

 

Patrick

 

6

Thanks, The ugly part of converting, adjusting out On hand quantities then putting them back in.

 

Patrick Winter

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:30
To: vantage@yahoogroups.com
Subject: [Vantage] RE: 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

Patrick,

 

If you go from Average to Standard costing you are going to change a lot of your processes as well.  So like Tom said earlier…be careful what you want.  The system lets you change the costing method if there are no quantities on hand.  But it defaults to the one associated to the company config file.

 

Manasa

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

I get the message:

You have changed the following fields:

Cost Method

Do you want to refresh the part plant records with the changes?  Yes or No

 

My question to the group –

Does anyone know what this actually does?

What fields?

What if I say No, how can I tell? What are the consequences?

 

Patrick

 

This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the Specialty Screw Corporation company. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.

7

Do you have DMT to do this?  It would go faster if you did…Manasa

 

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:36 AM
To: vantage@yahoogroups.com
Subject: [Vantage] RE: 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

Thanks, The ugly part of converting, adjusting out On hand quantities then putting them back in.

 

Patrick Winter

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:30
To: vantage@yahoogroups.com
Subject: [Vantage] RE: 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

Patrick,

 

If you go from Average to Standard costing you are going to change a lot of your processes as well.  So like Tom said earlier…be careful what you want.  The system lets you change the costing method if there are no quantities on hand.  But it defaults to the one associated to the company config file.

 

Manasa

 

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Monday, November 03, 2014 10:16 AM
To: Yahoo Groups - Vantage (vantage@yahoogroups.com)
Subject: [Vantage] 9.05.702 - Changing a Manufactured Part from Average Costing to Standard Costing.

 

 

I get the message:

You have changed the following fields:

Cost Method

Do you want to refresh the part plant records with the changes?  Yes or No

 

My question to the group –

Does anyone know what this actually does?

What fields?

What if I say No, how can I tell? What are the consequences?

 

Patrick

 

This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the Specialty Screw Corporation company. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.