COS Question

Eric,
Having operations in multiple departments charging labor to a job doesn't play into the which pool of accounts is used to capture WIP and subsequently COS. You can only have one pool for WIP accounts (and corresponding COGS) per job part and it's based on the job part's Product Group. You should have one set of WIP accounts (labor, burden, subcont, material, mtl burden) and one matching set of COS accounts for each product group.

Flow should be something like this:

Applied Labor-Dept --> WIP ProdGroup Direct Labor-->COS ProdGroup Direct Labor

You may still be able to report at the department level though. I don't know of any standard reports for linking COS to labor departments but if you ship from WIP (make to order), it's fairly easy exercise. If you ship from stock (make to stock), you'll need to find a way to link inventory back to the job, perhaps through lot number. Where there's a will there's a way.

I hope that helps.

Chris


--- In vantage@yahoogroups.com, Mark Wagner <mjfw2003@...> wrote:
>
> Have you considered using the COGS on your part class for the materials that are being issued?
>
> --- On Fri, 3/27/09, homestyleindustries <homestyleindustries@...> wrote:
>
> From: homestyleindustries <homestyleindustries@...>
> Subject: [Vantage] COS Question
> To: vantage@yahoogroups.com
> Date: Friday, March 27, 2009, 5:11 PM
>
>
>
>
>
>
> Hi all,
>
> I am looking for some advice on how to handle COS split across two G/L departments. We setup two departments (one for metal shop and one for powder coating) for the purpose of keeping costs seperate. Each department is actually in seperate buildings. Most of our manufactured parts are both welded (or plasma cut, bent, sheared, etc.) as well as powder coated.
>
> When I went to setup the COS G/L accounts I noticed that there is only one G/L account that applies to labor, materials, etc. in the product group setup. Since most parts in all product groups will pass through both departments I need to have Vantage apply COS entries for both metal shop and powder coating. How can I set this up to work?
>
> Thanks in advance.
>
> Eric
>
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> [Non-text portions of this message have been removed]
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Hi group,

We are having some WIP costing problems here. I looked through the help
files in Vantage but could not find how Vantage calculates COS.

Can anybody enlighten me?

Thanks,

Wayne Katzenberger
VP Engineering
ELECPAC
Phone: 847-639-2307
Fax: 847-639-3830
what cost method are you?



Frank Zeigafuse

Innovative Office Products

General Manager

Direct Phone: 610-559-6369

Email: fzeigafuse@...



-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Monday, April 19, 2004 12:26 PM
To: 'Vantage User Group'
Subject: [Vantage] COS Question


Hi group,

We are having some WIP costing problems here. I looked through the help
files in Vantage but could not find how Vantage calculates COS.

Can anybody enlighten me?

Thanks,

Wayne Katzenberger
VP Engineering
ELECPAC
Phone: 847-639-2307
Fax: 847-639-3830



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
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http://groups.yahoo.com/group/vantage/messages
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<www.LCDarms.com> -- Ergonomic mounting solutions for monitors and keyboards

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

-----Original Message-----
From: Frank Zeigafuse [mailto:fzeigafuse@...]
Sent: Monday, April 19, 2004 12:33 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] COS Question


what cost method are you?



Frank Zeigafuse

Innovative Office Products

General Manager

Direct Phone: 610-559-6369

Email: fzeigafuse@...



-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Monday, April 19, 2004 12:26 PM
To: 'Vantage User Group'
Subject: [Vantage] COS Question


Hi group,

We are having some WIP costing problems here. I looked through the help
files in Vantage but could not find how Vantage calculates COS.

Can anybody enlighten me?

Thanks,

Wayne Katzenberger
VP Engineering
ELECPAC
Phone: 847-639-2307
Fax: 847-639-3830



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



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<www.LCDarms.com> -- Ergonomic mounting solutions for monitors and
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[Non-text portions of this message have been removed]




Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
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for non-stock parts I.e. job linked to a sales order cogs will come from the
job. For stock parts cogs will come from the part master average fields. I
would recommend making a couple of jobs in the test database and comparing
WIP reconciliation report to the production detail report.



Frank Zeigafuse

Innovative Office Products

General Manager

Direct Phone: 610-559-6369

Email: fzeigafuse@...



-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Monday, April 19, 2004 1:58 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] COS Question


Average

-----Original Message-----
From: Frank Zeigafuse [mailto:fzeigafuse@...]
Sent: Monday, April 19, 2004 12:33 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] COS Question


what cost method are you?



Frank Zeigafuse

Innovative Office Products

General Manager

Direct Phone: 610-559-6369

Email: fzeigafuse@...



-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Monday, April 19, 2004 12:26 PM
To: 'Vantage User Group'
Subject: [Vantage] COS Question


Hi group,

We are having some WIP costing problems here. I looked through the help
files in Vantage but could not find how Vantage calculates COS.

Can anybody enlighten me?

Thanks,

Wayne Katzenberger
VP Engineering
ELECPAC
Phone: 847-639-2307
Fax: 847-639-3830



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



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<www.LCDarms.com> -- Ergonomic mounting solutions for monitors and
keyboards

This e-mail is from Innovative Office Products, Inc. but expresses the views
of the sender and not necessarily the views of the company. The email and
any files transmitted with it are confidential to the intended recipient at
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or used by any other than that addressee, nor may it be copied in any way.
If received in error, please delete and notify the sender via e-mail or
sales@... quoting the name of the sender. Messages sent via this
medium may be subject to delays, non-delivery and unauthorized alteration.
This e-mail has been prepared using information believed by the author to be
reliable and accurate. Unless expressly stated otherwise, this e-mail does
not form part of a legally binding contract or agreement between recipient
and Innovative Office Products, Inc.

Warning: Although Innovative Office Products, Inc. has taken reasonable
precautions to ensure no viruses are present in this email, we cannot accept
responsibility for any loss or damage arising from the use of this email or
attachments. It is, therefore, your responsibility to scan attachments (if
any).



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




Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Links









Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



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<www.LCDarms.com> -- Ergonomic mounting solutions for monitors and keyboards

This e-mail is from Innovative Office Products, Inc. but expresses the views of the sender and not necessarily the views of the company. The email and any files transmitted with it are confidential to the intended recipient at the e-mail address to which it has been addressed. It may not be disclosed or used by any other than that addressee, nor may it be copied in any way. If received in error, please delete and notify the sender via e-mail or sales@... quoting the name of the sender. Messages sent via this medium may be subject to delays, non-delivery and unauthorized alteration. This e-mail has been prepared using information believed by the author to be reliable and accurate. Unless expressly stated otherwise, this e-mail does not form part of a legally binding contract or agreement between recipient and Innovative Office Products, Inc.

Warning: Although Innovative Office Products, Inc. has taken reasonable precautions to ensure no viruses are present in this email, we cannot accept responsibility for any loss or damage arising from the use of this email or attachments. It is, therefore, your responsibility to scan attachments (if any).



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

I am looking for some advice on how to handle COS split across two G/L departments. We setup two departments (one for metal shop and one for powder coating) for the purpose of keeping costs seperate. Each department is actually in seperate buildings. Most of our manufactured parts are both welded (or plasma cut, bent, sheared, etc.) as well as powder coated.

When I went to setup the COS G/L accounts I noticed that there is only one G/L account that applies to labor, materials, etc. in the product group setup. Since most parts in all product groups will pass through both departments I need to have Vantage apply COS entries for both metal shop and powder coating. How can I set this up to work?

Thanks in advance.

Eric
Have you considered using the COGS on your part class for the materials that are being issued?

--- On Fri, 3/27/09, homestyleindustries <homestyleindustries@...> wrote:

From: homestyleindustries <homestyleindustries@...>
Subject: [Vantage] COS Question
To: vantage@yahoogroups.com
Date: Friday, March 27, 2009, 5:11 PM






Hi all,

I am looking for some advice on how to handle COS split across two G/L departments. We setup two departments (one for metal shop and one for powder coating) for the purpose of keeping costs seperate. Each department is actually in seperate buildings. Most of our manufactured parts are both welded (or plasma cut, bent, sheared, etc.) as well as powder coated.

When I went to setup the COS G/L accounts I noticed that there is only one G/L account that applies to labor, materials, etc. in the product group setup. Since most parts in all product groups will pass through both departments I need to have Vantage apply COS entries for both metal shop and powder coating. How can I set this up to work?

Thanks in advance.

Eric



















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