This would always require a job.
We have the exact same situation here. For years, before Vantage/Me, the
purchasing department would issue two PO's. One for material and one for
the work to be done. The problem is that you cannot reasonably track the
cost of the final product. The final cost is made up of two components,
material and service. This is no different than issuing steel and machining
it in-house to make a part. The job is the mechanism that is used to
accumulate costs from multiple sources and summarize them. By using the
job, your costs are accurate, linked and traceable, and you do not have
inventory issues. At the completion of the job just do a "Receipt from
Manufacturing" to put the final product into stock.
Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com
-----Original Message-----
From: Troy Funte [mailto:
tfunte@...]
Sent: Thursday, May 08, 2003 2:08 PM
To:
vantage@yahoogroups.com
Subject: RE: [Vantage] Drop Shipment
Our practice is (100%) to buy to stock and build from stock. Is there a way
to do the aforementioned process via stock?
Troy Funte
Liberty Electronics
-----Original Message-----
From: Edward F. Fox, Jr. [mailto:
efox@...]
Sent: Thursday, May 08, 2003 2:01 PM
To:
vantage@yahoogroups.com
Subject: RE: [Vantage] Drop Shipment
The hardware should be on the job as material and the build by SupplierA
as
a subcontract operation. Nothing ever goes to inventory. The job is
relieved when the final part is shipped to the customer or received to
inventory as stock.
No need to handle the material.
Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com
-----Original Message-----
From: Troy Funte [mailto:
tfunte@...]
Sent: Thursday, May 08, 2003 1:44 PM
To: Vantage
Subject: [Vantage] Drop Shipment
How does a drop shipment work in Vantage? Example -
SupplierA on PO 11482 can build this bracket for us for $45.00 if we
supply
the hardware. If SupplierA supplies and builds it, the cost would be
$71.00. If I make a PO to the Hardware distributor and have them drop
ship
it to Supplier A, and have SupplierA fax us a packing slip to be able to
received these items against a PO, how would it ever get out of inventory?
What I am trying to avoid is having us handle the material and have to
ship
it to SupplierA.
Any ideas?
Troy Funte
Liberty Electronics
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
Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
Yahoo! Groups Sponsor
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
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[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
Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/