We like using the PO methodology. It gives us visibility as how many
parts we can expect to receive from the customer if they are spread out
over multiple deliveries. It does not require any "special" procedures
for handling. Just treat them like everything else. We used the qty
adj. method and found that this required the special procedures of qty
adjusting and issuing. All of our customer supplied material is
purchased direct to the jobs to eliminate all inventory transactions.
Our accountant doesn't seem to have a problem with the $0 received but
not invoiced issue.
Bruce Butler, IT Manager
Knappe & Koester
18 Bradco St
Keene, NH 03431
bbutler@...
p.603.355.1166
f. 603.355.2266
----Original Message-----
From: Brian Larcom [mailto:bwlarcom@...]
Sent: Thursday, November 04, 2004 8:42 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Customer Supplied Material
I believe this topic has been discussed before, but I could not
locate it.
We recieve from our customers items such as special gages or sub-
assembly parts that we would like to track through Vantage receiving.
One way we are considering to do this is to set up a PO for the item,
tied to the job. The problem with this is cleaning up the "recieved
but not invoiced" issue.
How are others handling this issue of customer supplied material?
Thanks, Brian W. Larcom, CFO Metallized Carbon Corp
parts we can expect to receive from the customer if they are spread out
over multiple deliveries. It does not require any "special" procedures
for handling. Just treat them like everything else. We used the qty
adj. method and found that this required the special procedures of qty
adjusting and issuing. All of our customer supplied material is
purchased direct to the jobs to eliminate all inventory transactions.
Our accountant doesn't seem to have a problem with the $0 received but
not invoiced issue.
Bruce Butler, IT Manager
Knappe & Koester
18 Bradco St
Keene, NH 03431
bbutler@...
p.603.355.1166
f. 603.355.2266
----Original Message-----
From: Brian Larcom [mailto:bwlarcom@...]
Sent: Thursday, November 04, 2004 8:42 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Customer Supplied Material
I believe this topic has been discussed before, but I could not
locate it.
We recieve from our customers items such as special gages or sub-
assembly parts that we would like to track through Vantage receiving.
One way we are considering to do this is to set up a PO for the item,
tied to the job. The problem with this is cleaning up the "recieved
but not invoiced" issue.
How are others handling this issue of customer supplied material?
Thanks, Brian W. Larcom, CFO Metallized Carbon Corp