Hi Bob,
We are in the early stages of using projects for R&D work. We have multi-level job structures and job to job transactions. All jobs are attached to the project and the jobs are assigned to an R&D Group at Job entry to allow costs to hit the R&D GLC. We do find that the project costs tab is not good and makes it look like we are double counting. Also, MFG-WIP and WIP-MFG transactions do not show on invwip recon or in tranglc. This is because the transactions are debiting and crediting the same GL account because the WIP accounts are the same.
To handle this, and to bring in visibility for our Purchases (to expense) where release is tied to project id, we have worked with a consultant to create a Project costing dashboard. We are just beta testing it now, so I can't really tell you how we're doing with it, but it is our plan.
Nancy
We are in the early stages of using projects for R&D work. We have multi-level job structures and job to job transactions. All jobs are attached to the project and the jobs are assigned to an R&D Group at Job entry to allow costs to hit the R&D GLC. We do find that the project costs tab is not good and makes it look like we are double counting. Also, MFG-WIP and WIP-MFG transactions do not show on invwip recon or in tranglc. This is because the transactions are debiting and crediting the same GL account because the WIP accounts are the same.
To handle this, and to bring in visibility for our Purchases (to expense) where release is tied to project id, we have worked with a consultant to create a Project costing dashboard. We are just beta testing it now, so I can't really tell you how we're doing with it, but it is our plan.
Nancy
--- In vantage@yahoogroups.com, Rob Bucek <rbucek@...> wrote:
>
> Does anyone out there use the project module for capital equipment type projects where your goal is to role up all costs associated with procuring equipment for use in production (i.e. purchase orders, indirect labor, travel expenses, etc) to determine the total acquisition cost for depreciation purposes? If so, can you direct these costs to a particular GL account that isn't sales related? Is this a good tool to use for something like this? Very often well all so need to create jobs on the shop floor as a result for work associated with these types of projects. I like the idea that jobs can be tied to the project. It just seems very sales oriented, which makes sense, but it would not be sales related for our use. Any thoughts out there?
>
>
>
> Rob Bucek
> Production Control Manager
> PH: (715) 284-5376 ext 311
> Mobile: (715)896-4832
> FAX: (715)284-4084
> [Description: cid:1.234354861@...]<http://www.dsmfg.com/>
> (Click the logo to view our site)<http://www.dsmfg.com/>
>
>
>
> [Non-text portions of this message have been removed]
>