If you have set up the part in the ABOM, use the 'Standard Cost Replace' function and Vantage will calculate a cost set based on the BOM and routing that you have set up in the method. Setup or Fixed costs will be spread across the BOM lot size. Run this in simulation mode first. I compare the rolled standard cost to my quoted cost. If it is close I will rerun the Standard COst Replace and remove simulation when I run it. If it doesn't agree, I run a costed BOM to find out which cost component is not agreeing with the quoted cost worksheet. This process will not only set up a standard cost set but validate the assumptions used in the quote.
The validation, however, will not work if you are not using the quote module.
Keith Reali
Reali & Associates, Inc.
keith@...
2112 Quarry Lane
Shakopee, MN 55379
952-403-5990
The validation, however, will not work if you are not using the quote module.
Keith Reali
Reali & Associates, Inc.
keith@...
2112 Quarry Lane
Shakopee, MN 55379
952-403-5990
----- Original Message -----
From: Fekkes, Joy
Sent: Monday, October 15, 2001 9:46 AM
To: 'vantage@yahoogroups.com'
Subject: [Vantage] Cost set entry
At the Northeast User Group Meeting last week, I had asked about the Cost
Set Entry. A reply, from I believe, Tallon, had been, that we could
manually enter the Standard Cost, without using Cost Set Entry. We have
created the Part in ABOM, with BOM and Routing and entered a cost lot size.
Without creating a job, where do I find a cost within the Part Entry to use
as Standard Cost? I did not have Tallon's email address..so thought this
would be the best way to reach him or someone else from User Group.
Thank you,
Joy Fekkes
Jaco, Inc
140 Constitution Blvd.
Franklin, MA 02038
Email: jfekkes@...
Website: www.jacoinc.com
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