Job cost confusion

Yahoo Archive
1
Timing I agree with, but you only report labor on the last op when you
backflush. The way he stated his set up, they backflush all ops and
record only on the last op.



M. Manasa Reddy
manasa@...
P: 630-806-2000
F: 630-806-2001


________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of gclauser
Sent: Thursday, October 01, 2009 3:52 PM
To: vantage@yahoogroups.com
Subject: Re: [Vantage] Job cost confusion




Timing is the key as well as sequencing. If you are backflushing and
someone reports labor and quantity on OP 20 when OP 10 has yet to be
entered for example.

Greg

Manasa Reddy wrote:
>
>
> Here is what we discovered because we do the same thing but we are
> average costing.
>
> The BOM Cost report will tell you what the part costs at the time you
> run the report.
>
> The Job's estimated costs are the costs of the part at the time you
> create the job, and then the actuals on the job are the costs at the
> time you backflush. So between the time you create the job and you
> backflush the job your purchased parts might have different costs on
> them (which for us since we are average rings true).
>
> Now what it should do since you are standard might be a little
> different. But the timing of creating and backflushing are the same no
> matter what method you use.
>
> HTH,
>
>
> M. Manasa Reddy
> manasa@... <mailto:manasa%40weldcoa.com>
<mailto:manasa%40weldcoa.com>
> P: 630-806-2000
> F: 630-806-2001
>
>
> ________________________________
>
> 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 sgotschall
> Sent: Thursday, October 01, 2009 2:30 PM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com>
> Subject: [Vantage] Job cost confusion
>
> We are on Vantage 8.03.408a Progress.
>
> I am confused about the Bill of Material Cost Report. We use standard
> cost, and all our methods are backflushed except for the final
operation
> which are quantity only. So my question is why is there such a
> difference in costs between what I see on the BOM cost report and the
> cost as captured by the job. If nothing has changed in the part method
> from the time the job was completed, they should show almost exactly
the
> same cost.
>
> [Non-text portions of this message have been removed]
>
>





[Non-text portions of this message have been removed]
2
We are on Vantage 8.03.408a Progress.

I am confused about the Bill of Material Cost Report. We use standard cost, and all our methods are backflushed except for the final operation which are quantity only. So my question is why is there such a difference in costs between what I see on the BOM cost report and the cost as captured by the job. If nothing has changed in the part method from the time the job was completed, they should show almost exactly the same cost.
3
Here is what we discovered because we do the same thing but we are
average costing.

The BOM Cost report will tell you what the part costs at the time you
run the report.

The Job's estimated costs are the costs of the part at the time you
create the job, and then the actuals on the job are the costs at the
time you backflush. So between the time you create the job and you
backflush the job your purchased parts might have different costs on
them (which for us since we are average rings true).

Now what it should do since you are standard might be a little
different. But the timing of creating and backflushing are the same no
matter what method you use.

HTH,


M. Manasa Reddy
manasa@...
P: 630-806-2000
F: 630-806-2001


________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of sgotschall
Sent: Thursday, October 01, 2009 2:30 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Job cost confusion




We are on Vantage 8.03.408a Progress.

I am confused about the Bill of Material Cost Report. We use standard
cost, and all our methods are backflushed except for the final operation
which are quantity only. So my question is why is there such a
difference in costs between what I see on the BOM cost report and the
cost as captured by the job. If nothing has changed in the part method
from the time the job was completed, they should show almost exactly the
same cost.






[Non-text portions of this message have been removed]
4
Timing is the key as well as sequencing. If you are backflushing and
someone reports labor and quantity on OP 20 when OP 10 has yet to be
entered for example.

Greg

Manasa Reddy wrote:
>
>
> Here is what we discovered because we do the same thing but we are
> average costing.
>
> The BOM Cost report will tell you what the part costs at the time you
> run the report.
>
> The Job's estimated costs are the costs of the part at the time you
> create the job, and then the actuals on the job are the costs at the
> time you backflush. So between the time you create the job and you
> backflush the job your purchased parts might have different costs on
> them (which for us since we are average rings true).
>
> Now what it should do since you are standard might be a little
> different. But the timing of creating and backflushing are the same no
> matter what method you use.
>
> HTH,
>
>
> M. Manasa Reddy
> manasa@... <mailto:manasa%40weldcoa.com>
> P: 630-806-2000
> F: 630-806-2001
>
>
> ________________________________
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>] On
> Behalf
> Of sgotschall
> Sent: Thursday, October 01, 2009 2:30 PM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> Subject: [Vantage] Job cost confusion
>
> We are on Vantage 8.03.408a Progress.
>
> I am confused about the Bill of Material Cost Report. We use standard
> cost, and all our methods are backflushed except for the final operation
> which are quantity only. So my question is why is there such a
> difference in costs between what I see on the BOM cost report and the
> cost as captured by the job. If nothing has changed in the part method
> from the time the job was completed, they should show almost exactly the
> same cost.
>
> [Non-text portions of this message have been removed]
>
>