Costing Blank Title 74271

Yahoo Archive
1
Cindy,



What you could expect to see is something like this in the Part
Transaction History



ADJ-CST 1ea cost $ 7.50

MFG-STK 1ea cost $17.50 OHQ 0

STK-CUS 1ea cost $10.00 OHQ -1



The system time and date will be the same for the MFG-STK and the
ADJ-CST entries.

The ADJ-CST will book to the company control variance account with
reference "Job. ##########"



Kathleen



_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Cindy House
Sent: Thursday, February 12, 2009 1:53 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] costing



Kathleen,

Oh.I wasn't checking it against the shipment itself; but it doesn't
seem,
but I also had a cost adjustment for the part as well. I will take
another
look and see if that works for me.

Thanks,

Cindy House

GTech Precision Industries

Corporate Controller

(w) 817-539-8014

(f) 817-539-8018

(c) 817-832-8933

<http://www.gtechprecision.com <http://www.gtechprecision.com> >
www.gtechprecision.com

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf Of
Kathleen Tyrrell
Sent: Thursday, February 12, 2009 1:47 PM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: RE: [Vantage] costing

The cost adjustment is the difference between what the average cost at
the time of shipment, and the new calculated average cost when the parts
were put into stock.

So, compare the new average cost vs. the cost that booked at
shipment....the difference x the ship quantity = ADJ-CST

_____

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com> ] On
Behalf
Of chouse1000
Sent: Thursday, February 12, 2009 11:27 AM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com>
Subject: [Vantage] costing

I have a costing question. I let someone ship before a job was
completed which caused a negative OH qty. When one of the jobs
completed (not for the full negative amount) the MFG-STK cost looks
correct, but the system created a ADJ-CST for a large amount, but I
can't figure out where the numbers came from. Is there an accountant
out there that has seen this happen? Can anyone explain it to me?

We use average costing on 6.10.543. Any insight would be GREATLY
appreciated!!!

Thanks,
Cindy

NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments,
is
for the sole use of the intended recipients and may contain confidential
and
privileged information. If you are not an intended recipient, please
contact
the sender by reply e-mail and destroy all copies of this message,
including
attachments. Any unauthorized review, use, disclosure or distribution is
prohibited.

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

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




NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments, is for the sole use of the intended recipients and may contain confidential and privileged information. If you are not an intended recipient, please contact the sender by reply e-mail and destroy all copies of this message, including attachments. Any unauthorized review, use, disclosure or distribution is prohibited.


[Non-text portions of this message have been removed]
2
I have a costing question. I let someone ship before a job was
completed which caused a negative OH qty. When one of the jobs
completed (not for the full negative amount) the MFG-STK cost looks
correct, but the system created a ADJ-CST for a large amount, but I
can't figure out where the numbers came from. Is there an accountant
out there that has seen this happen? Can anyone explain it to me?

We use average costing on 6.10.543. Any insight would be GREATLY
appreciated!!!

Thanks,
Cindy
3
The cost adjustment is the difference between what the average cost at
the time of shipment, and the new calculated average cost when the parts
were put into stock.



So, compare the new average cost vs. the cost that booked at
shipment....the difference x the ship quantity = ADJ-CST



_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of chouse1000
Sent: Thursday, February 12, 2009 11:27 AM
To: vantage@yahoogroups.com
Subject: [Vantage] costing



I have a costing question. I let someone ship before a job was
completed which caused a negative OH qty. When one of the jobs
completed (not for the full negative amount) the MFG-STK cost looks
correct, but the system created a ADJ-CST for a large amount, but I
can't figure out where the numbers came from. Is there an accountant
out there that has seen this happen? Can anyone explain it to me?

We use average costing on 6.10.543. Any insight would be GREATLY
appreciated!!!

Thanks,
Cindy




NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments, is for the sole use of the intended recipients and may contain confidential and privileged information. If you are not an intended recipient, please contact the sender by reply e-mail and destroy all copies of this message, including attachments. Any unauthorized review, use, disclosure or distribution is prohibited.


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



Oh.I wasn't checking it against the shipment itself; but it doesn't seem,
but I also had a cost adjustment for the part as well. I will take another
look and see if that works for me.







Thanks,



Cindy House

GTech Precision Industries

Corporate Controller

(w) 817-539-8014

(f) 817-539-8018

(c) 817-832-8933

<http://www.gtechprecision.com> www.gtechprecision.com



From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Kathleen Tyrrell
Sent: Thursday, February 12, 2009 1:47 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] costing



The cost adjustment is the difference between what the average cost at
the time of shipment, and the new calculated average cost when the parts
were put into stock.

So, compare the new average cost vs. the cost that booked at
shipment....the difference x the ship quantity = ADJ-CST

_____

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf
Of chouse1000
Sent: Thursday, February 12, 2009 11:27 AM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: [Vantage] costing

I have a costing question. I let someone ship before a job was
completed which caused a negative OH qty. When one of the jobs
completed (not for the full negative amount) the MFG-STK cost looks
correct, but the system created a ADJ-CST for a large amount, but I
can't figure out where the numbers came from. Is there an accountant
out there that has seen this happen? Can anyone explain it to me?

We use average costing on 6.10.543. Any insight would be GREATLY
appreciated!!!

Thanks,
Cindy

NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments, is
for the sole use of the intended recipients and may contain confidential and
privileged information. If you are not an intended recipient, please contact
the sender by reply e-mail and destroy all copies of this message, including
attachments. Any unauthorized review, use, disclosure or distribution is
prohibited.

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





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