Production Detail report & proftability section

Yahoo Archive
1
Have you tries to use it?? 12 screens and 20 minutes later you too can add
the same info 4 times to get a misc entry entered. Sorry, but I couldn't
believe the approach taken on this. So much for KISS.

-----Original Message-----
From: Rick Lane [mailto:rickl@...]
Sent: Thursday, November 01, 2001 2:18 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


While this function is rather time consuming in Vantage currently, version
5.1 does fix this by adding an A/P feature to create a job miscellaneous
charge directly from A/P invoice entry.

Rick Lane
Intelligent Systems Integration, Inc.
600 Weber Drive
Wadsworth, OH 44281
PH: 330-335-5291
FX: 330-335-7275

"Helping Business Make Intelligent Use of Technology"


-----Original Message-----
From: Moloney, Mike [mailto:MoloneyM@...]
Sent: Thursday, November 01, 2001 2:11 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


When we add a misc charge to the packing slip or invoice for prepaid and add
shipments, we add the cost to the job to offset it. It is a little time
consuming, but it corrects the gross margin report and the job production
detail report.
Mike Moloney
AR Industries, Inc.



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[Non-text portions of this message have been removed]
2
The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326
3
I am a financial person and agree with your non-financial viewpoint! Your
boss & I would tangle over any changes being made to Vantage. Our votes
would cancel each other.

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 10:50 AM
To: 'Vantage@yahoogroups.com'
Subject: [Vantage] Production Detail report & proftability section.


The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326



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/



[Non-text portions of this message have been removed]
4
We also ship FOB our dock, and we also add freight charges as
miscellaneous charges to the job. Upon making the shipment, we know
the price of the shipment and we then mark it up 15% to add it as a
misc. charge. Our controller WANTS it to be part of the P/L.
5
We also ship FOB our dock, and we also add freight charges as
miscellaneous charges to the job. Upon making the shipment, we know
the price of the shipment and we then mark it up 15% to add it as a
misc. charge. Our controller WANTS it to be part of the P/L.
6
Thanks for the response Deb. Yes we are adding the freight charges to the
invoices with no markup on freight as a service to our customers.

Dan Shallbetter
States Electric Mfg.


-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]
Sent: Thursday, November 01, 2001 10:11 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


I am a financial person and agree with your non-financial viewpoint! Your
boss & I would tangle over any changes being made to Vantage. Our votes
would cancel each other.

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 10:50 AM
To: 'Vantage@yahoogroups.com'
Subject: [Vantage] Production Detail report & proftability section.


The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326






[Non-text portions of this message have been removed]
7
Okay. I can see why Alex's custom report would be beneficial to you then. I
can also understand why Sarah's financial guy would want freight charges
included in their p/l calculations. Just different ways of doing business.
Perhaps also different industries and thus, different standards within the
industry.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 11:19 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


Thanks for the response Deb. Yes we are adding the freight charges to the
invoices with no markup on freight as a service to our customers.

Dan Shallbetter
States Electric Mfg.


-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]

The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326



[Non-text portions of this message have been removed]
8
This being said then paying your freight bills should be an offset to the
freight charges (misc.) thus no impact on the P&L, unless I missed
something.

-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 11:19 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


Thanks for the response Deb. Yes we are adding the freight charges to the
invoices with no markup on freight as a service to our customers.

Dan Shallbetter
States Electric Mfg.


-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]
Sent: Thursday, November 01, 2001 10:11 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


I am a financial person and agree with your non-financial viewpoint! Your
boss & I would tangle over any changes being made to Vantage. Our votes
would cancel each other.

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 10:50 AM
To: 'Vantage@yahoogroups.com'
Subject: [Vantage] Production Detail report & proftability section.


The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326






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



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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/.
<http://groups.yahoo.com/group/vantage/files/.>
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
<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
<http://groups.yahoo.com/group/vantage/links>

Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service
<http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]
9
The issue is with the production detail report being used as a historical
reference and having the profit margin for the production aspect of the job
being effected by the Misc. charges on an invoice.


Dan Shallbetter
States Electric Mfg.

-----Original Message-----
From: Keith . Mailloux [mailto:kmailloux@...]
Sent: Thursday, November 01, 2001 11:15 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


This being said then paying your freight bills should be an offset to the
freight charges (misc.) thus no impact on the P&L, unless I missed
something.

-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 11:19 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


Thanks for the response Deb. Yes we are adding the freight charges to the
invoices with no markup on freight as a service to our customers.

Dan Shallbetter
States Electric Mfg.


-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]
Sent: Thursday, November 01, 2001 10:11 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


I am a financial person and agree with your non-financial viewpoint! Your
boss & I would tangle over any changes being made to Vantage. Our votes
would cancel each other.

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 10:50 AM
To: 'Vantage@yahoogroups.com'
Subject: [Vantage] Production Detail report & proftability section.


The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326








[Non-text portions of this message have been removed]
10
When we add a misc charge to the packing slip or invoice for prepaid and add
shipments, we add the cost to the job to offset it. It is a little time
consuming, but it corrects the gross margin report and the job production
detail report.
Mike Moloney
AR Industries, Inc.


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 1:26 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


The issue is with the production detail report being used as a historical
reference and having the profit margin for the production aspect of the job
being effected by the Misc. charges on an invoice.


Dan Shallbetter
States Electric Mfg.

-----Original Message-----
From: Keith . Mailloux [mailto:kmailloux@...]
Sent: Thursday, November 01, 2001 11:15 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


This being said then paying your freight bills should be an offset to the
freight charges (misc.) thus no impact on the P&L, unless I missed
something.

-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 11:19 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


Thanks for the response Deb. Yes we are adding the freight charges to the
invoices with no markup on freight as a service to our customers.

Dan Shallbetter
States Electric Mfg.


-----Original Message-----
From: Wilmoth, Deb [mailto:Deb@...]
Sent: Thursday, November 01, 2001 10:11 AM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


I am a financial person and agree with your non-financial viewpoint! Your
boss & I would tangle over any changes being made to Vantage. Our votes
would cancel each other.

My question for your situation, though, is "Why are freight charges on A/R
invoices IF you ARE shipping FOB your dock?" Are you billing them for what
you will be billed instead of using their freight accounts or shipping COD?
If you are including a charge for freight, are you marking up your freight
charges? If so, that is part of your P/L for the job. As far as Vantage
suggestions for isolating the misc. charges, we don't have that issue, so no
suggestions to add to Epicor Support's.

Deb Wilmoth
Controller
Reeder & Kline Machine Company, Inc.
Vantage 5.0


-----Original Message-----
From: Dan Shallbetter [mailto:dans@...]
Sent: Thursday, November 01, 2001 10:50 AM
To: 'Vantage@yahoogroups.com'
Subject: [Vantage] Production Detail report & proftability section.


The boss asked yesterday why our A/R misc charges ( primarily freight
charges) are being added into the Actual gross amount and distorting our P&L
percentage? His contention is that we ship everything FOB our dock and
therefore freight charges are incidental to the job and should not be
include in the profitability analysis. My non-financial background says the
freight charges are an activity charge that were incurred as a result of the
job and should be include. Epicor support suggest creating a separate misc.
invoice for freight charges rather than creating from the shipment line.
Does anyone have any other ideas to isolate the misc. charges ?

Thanks
Dan Shallbetter
States Electric Mfg.

Emfg. 5.0.326








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



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ADVERTISEMENT

<http://rd.yahoo.com/M=213858.1711797.3236134.1261774/D=egroupweb/S=17050071
83:HM/A=763352/R=0/*http://www.classmates.com/index.tf?s=5085>

<http://us.adserver.yahoo.com/l?M=213858.1711797.3236134.1261774/D=egroupmai
l/S=1705007183:HM/A=763352/rand=784789986>

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/.
<http://groups.yahoo.com/group/vantage/files/.>
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
<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
<http://groups.yahoo.com/group/vantage/links>

Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service
<http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]
11
While this function is rather time consuming in Vantage currently, version
5.1 does fix this by adding an A/P feature to create a job miscellaneous
charge directly from A/P invoice entry.

Rick Lane
Intelligent Systems Integration, Inc.
600 Weber Drive
Wadsworth, OH 44281
PH: 330-335-5291
FX: 330-335-7275

"Helping Business Make Intelligent Use of Technology"


-----Original Message-----
From: Moloney, Mike [mailto:MoloneyM@...]
Sent: Thursday, November 01, 2001 2:11 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] Production Detail report & proftability section.


When we add a misc charge to the packing slip or invoice for prepaid and add
shipments, we add the cost to the job to offset it. It is a little time
consuming, but it corrects the gross margin report and the job production
detail report.
Mike Moloney
AR Industries, Inc.