Can anyone help?

Do you purchase raw material to the job or stock? If you purchase directly
to the job the job is charged upon receipt. If you purchase raw material to
stock you need to issue the material prior to starting the job. This is a
procedure that must get implemented by your company. If you are shipping
partials you need setup releases and manufacture only the amount of the
release or mfg. the entire amount (complete and finished product), putting
the excess finished product into inventory. Or you could change your
routings so that an uncompleted assembly is assigned a part number and
produced to stock. It is then issued to another job at a later date to
finalize the assembly. This way can you put a part into inventory with a
good cost and close wip timely. If you don't develop a procedure for
handling partials you will have jobs hanging open for months. Parts will
get lost. There is no way to track where the parts are in wip if you are
not using data collection unless you are manually entering the time onto the
jobs.

If you ship from wip (mfg-cus) wip is relieved with the packing slip. If
you mfg to stock and ship from stock (mfg-stk, stk-cus) than wip is relieved
when the mfg to stock transaction is completed.

You are experiencing the exact problems that I have dealt with here for the
past two years. If I can help you please contact me at
kharrington@... or call me at (702) 262-9922 ext 116. Vantage does
work wonderfully, however it does require procedures and discipline.

Kathleen Harrington
Plant Accountant & Cost Accountant
SPS Non-ferrous Engineered Fasteners





-----Original Message-----
From: jeniwilson@... [mailto:jeniwilson@...]
Sent: Tuesday, September 26, 2000 2:28 PM
To: vantage@egroups.com
Subject: [Vantage] Can anyone help?

Need advise from somebody that is making parts to inventory and also
shipping out of WIP.

We are on 3.00 and do not use data collection. When do you charge
the raw material to the job? What if you ship a partial of the
finished item but the assemblies have not been completed and put into
inventory?

We are having a costing problem when parts ship out of WIP before the
material is issued. When material is issued, overruns go to
inventory with an inflated cost. If no overruns then phanton entry
to clear WIP/COS.

Support says it is our system flow, not the software. We came from
Classic and the packing slip did not affect WIP.

Any input would be appreciated. Thanks.

Jeni Wilson
Boyer Machine & Tool Co., Inc.
jeniwilson@...
812-379-9581





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Need advise from somebody that is making parts to inventory and also
shipping out of WIP.

We are on 3.00 and do not use data collection. When do you charge
the raw material to the job? What if you ship a partial of the
finished item but the assemblies have not been completed and put into
inventory?

We are having a costing problem when parts ship out of WIP before the
material is issued. When material is issued, overruns go to
inventory with an inflated cost. If no overruns then phanton entry
to clear WIP/COS.

Support says it is our system flow, not the software. We came from
Classic and the packing slip did not affect WIP.

Any input would be appreciated. Thanks.

Jeni Wilson
Boyer Machine & Tool Co., Inc.
jeniwilson@...
812-379-9581