Posting costs to "Completed" jobs

Yahoo Archive
1
If you post all your products to stock then yes anything that gets
posted to the work order after the parts are posted to stock will go to
your manufacturing variance account. You shouldn't post things to stock
until all cost are posted. Do you ever ship parts from manufacturing?
If you do, cost can still be posted and will go with the invoice until
you run wip/inv. Rec. or run capture.



________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Tony Hughes
Sent: Monday, August 25, 2008 4:30 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Posting costs to "Completed" jobs




Is it right that once you "Complete" a job and receive the stock to
inventory, all further costs go to variance?
I was not aware that costs were frozen once the job quantity is received
to inventory, yet job still not "Closed"
If this is true, and you need to mark the job complete, put the stock
out to be consumed, but don't want to close the job because say, for
example, you don't have the sub-contracting costs back yet, will posting
the OSS cost go to variance?
Thanks for any help.

Tony


This message has been processed via your triumphgroup.com e-mail
address.



[Non-text portions of this message have been removed]
2
Is it right that once you "Complete" a job and receive the stock to inventory, all further costs go to variance?
I was not aware that costs were frozen once the job quantity is received to inventory, yet job still not "Closed"
If this is true, and you need to mark the job complete, put the stock out to be consumed, but don't want to close the job because say, for example, you don't have the sub-contracting costs back yet, will posting the OSS cost go to variance?
Thanks for any help.

Tony