COS of Materiald

Yahoo Archive
1
Thank you so much Virginia! i saw the gross margin report but the end result is to have it on the Income Statement. With the product group, i will def be able to do that!! thank you!!

Jose
--- In vantage@yahoogroups.com, "Virginia Joseph" <vjoseph@...> wrote:
>
> If the end game is to be able to easily identify the material costs for this customer for all shipments in a given timeframe, run the Sales Gross Margin report. You can filter the report for that specific customer and any time frame you need. The report will give you costs for the parts shipped to that customer and break out those costs by Labor, Burden, Material, Subcontract and Material Burden. If you actually want to capture the costs of Labor, Burden, Material, Subcontract and Material Burden to their own GL COS accounts, set-up the GL accounts, add a product group that you will use only for this customer, and assign the new GL accouts to the COS detail tab in the product group.
>
> HTH,
> Virginia Joseph
> Xact Spec Industries LLC
> 440-708-5239
>
>
> --- In vantage@yahoogroups.com, "neverunmacron" <neverunmacron@> wrote:
> >
> > hello
> > i am on vantage 8.03.409c. i was wondering if someone has had this setup or know of a way i can do it. Our accounting group need to break out the cost of materials for a specific customer. the way vantage is set up we only have one account for COS of materials. This customer has part numbers that they only use. So its easy to identify by having reports and doing the manual work. i was wondering if there is way i can do so that the cost of this customer goes straight to an account?
> >
> > Jose
> >
>
2
hello
i am on vantage 8.03.409c. i was wondering if someone has had this setup or know of a way i can do it. Our accounting group need to break out the cost of materials for a specific customer. the way vantage is set up we only have one account for COS of materials. This customer has part numbers that they only use. So its easy to identify by having reports and doing the manual work. i was wondering if there is way i can do so that the cost of this customer goes straight to an account?

Jose
3
If the end game is to be able to easily identify the material costs for this customer for all shipments in a given timeframe, run the Sales Gross Margin report. You can filter the report for that specific customer and any time frame you need. The report will give you costs for the parts shipped to that customer and break out those costs by Labor, Burden, Material, Subcontract and Material Burden. If you actually want to capture the costs of Labor, Burden, Material, Subcontract and Material Burden to their own GL COS accounts, set-up the GL accounts, add a product group that you will use only for this customer, and assign the new GL accouts to the COS detail tab in the product group.

HTH,
Virginia Joseph
Xact Spec Industries LLC
440-708-5239


--- In vantage@yahoogroups.com, "neverunmacron" <neverunmacron@...> wrote:
>
> hello
> i am on vantage 8.03.409c. i was wondering if someone has had this setup or know of a way i can do it. Our accounting group need to break out the cost of materials for a specific customer. the way vantage is set up we only have one account for COS of materials. This customer has part numbers that they only use. So its easy to identify by having reports and doing the manual work. i was wondering if there is way i can do so that the cost of this customer goes straight to an account?
>
> Jose
>