Inventory Part Cost Adjustment

Yahoo Archive
1
Figure the average cost and entered it into both the average cost and the
last cost.

Cameron A. Janish
Misha1
866-464-7421
cameron@...
-----Original Message-----
From: Rick Gors [mailto:rgors@...]
Sent: Thursday, August 30, 2001 01:45 PM
To: 'vantage@yahoogroups.com'
Subject: [Vantage] Inventory Part Cost Adjustment


Fellow Vanti:

We switched to 5.0 (317 presently).

We switched to Average Cost method.

We researched every item's cost history form hard copy records, etc.

I now want to evaluate and adjust each and every item's cost.

QUESTION: When I find an item that is not correct and it has two lots
on the shelf (and is lot tracked), what is the best way to enter these
costs?

Should I manually calculate the average cost per unit (labor, matl,
subcon) and enter these in Cost Adjustment into Last and Average, just
Average, etc.??

Or should I try to manipulate the costs in the Job(s) (that created the
item) to somehow output the correct cost(s) into the actual lots?

Or $%^&#@$ -can the whole %^&*%$ system and go back to legal pads?

As always, all suggestions are big time appreciated.

Rick Gors
MR%^&*%$#@ Dept.
Full Moon Division of
Loony Corp. of America



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


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[Non-text portions of this message have been removed]
2
Fellow Vanti:

We switched to 5.0 (317 presently).

We switched to Average Cost method.

We researched every item's cost history form hard copy records, etc.

I now want to evaluate and adjust each and every item's cost.

QUESTION: When I find an item that is not correct and it has two lots
on the shelf (and is lot tracked), what is the best way to enter these
costs?

Should I manually calculate the average cost per unit (labor, matl,
subcon) and enter these in Cost Adjustment into Last and Average, just
Average, etc.??

Or should I try to manipulate the costs in the Job(s) (that created the
item) to somehow output the correct cost(s) into the actual lots?

Or $%^&#@$ -can the whole %^&*%$ system and go back to legal pads?

As always, all suggestions are big time appreciated.

Rick Gors
MR%^&*%$#@ Dept.
Full Moon Division of
Loony Corp. of America



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