Sales Gross Margin report

> I looked at this report way back in version 5.2 and it did not agree
> with the PDR so I haven't used it since. I think the Sales Gross Margin
> report is a snapshot of the cost at the time of the invoice. If you add
> costs to a job after the invoice is created the Sales Gross Margin
> report data does not get updated. Someone correct me if I am wrong.

Not sure if you're right or wrong, but the PDR does not seem to take into
account any Sales Order Line Discount - at least in 8.03.404. Maybe that
adds to the confusion. I didn't check 405a which we applied last weekend.

Mark W.
Makes sense order disount isn't considered on a Gross Margin Report....
Rob

--- Original Message ---
From:"Mark Wonsil" <mark_wonsil@...>
Sent:Sun 8/17/08 11:51 am
To:<vantage@yahoogroups.com>
Subj:RE: [Vantage] Re: Sales Gross Margin vs Production Detail

> I looked at this report way back in version 5.2 and it did not agree
> with the PDR so I haven't used it since. I think the Sales Gross Margin
> report is a snapshot of the cost at the time of the invoice. If you add
> costs to a job after the invoice is created the Sales Gross Margin
> report data does not get updated. Someone correct me if I am wrong.

Not sure if you're right or wrong, but the PDR does not seem to take into
account any Sales Order Line Discount - at least in 8.03.404. Maybe that
adds to the confusion. I didn't check 405a which we applied last weekend.

Mark W.
> Makes sense order disount isn't considered on a Gross Margin Report....

Yeah, but there's a line that shows the List price BEFORE discount and the
GM is calculated on that. If they started with the Net Price instead of List
or pre-discounted price, I would agree with you. My preference would be that
they showed the Gross Margin and a new calculation (Actual Margin?) that
included the discount.

Mark W.
I here ya... To 'real' accouting types, discount is a cost against sale so I still 'get' the canned GM rpt.

Rob

--- On Sun, 8/17/08, Mark Wonsil <mark_wonsil@...> wrote:
From: Mark Wonsil <mark_wonsil@...>
Subject: RE: [Vantage] Re: Sales Gross Margin vs Production Detail
To: vantage@yahoogroups.com
Date: Sunday, August 17, 2008, 2:25 PM











> Makes sense order disount isn't considered on a Gross Margin Report....



Yeah, but there's a line that shows the List price BEFORE discount and the

GM is calculated on that. If they started with the Net Price instead of List

or pre-discounted price, I would agree with you. My preference would be that

they showed the Gross Margin and a new calculation (Actual Margin?) that

included the discount.



Mark W.
We did some testing last week and could not find any evidence of the
GSM report picking up all the job costs before invoicing. Our Jobs are
processed to Completion before invoicing and we could find no
correlation between the Production Detail and the GSM actual materials
cost. Most of our Jobs have two to five operations and all but the
last operation is backflushed. We are not processing Labor time. Labor
quantity and materials only. Based upon the conversation on this site
in October, that may have something to do with it.
I have a call in to Epicor to ask if the behavior is by design or an
error. Sure would like to know what the design is.

Dave
8.03.405A

--- In vantage@yahoogroups.com, "Linda Lowney" <llowney@...> wrote:
>
> I looked at this report way back in version 5.2 and it did not agree
> with the PDR so I haven't used it since. I think the Sales Gross Margin
> report is a snapshot of the cost at the time of the invoice. If you add
> costs to a job after the invoice is created the Sales Gross Margin
> report data does not get updated. Someone correct me if I am wrong.
>
>
>
> Linda Lowney
>
>
>
>
> --- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ,
> "Manasa Reddy" <manasa@> wrote:
> >
> > Can anyone explain why the numbers would be different from these two
> > reports? Shouldn't they be the same?
> >
> > TIA!
> >
> >
> >
> > M. Manasa Reddy
> > ERP / Inventory & Procurement Manager
> > Welding Company of America
> > manasa@
> > P: 630-806-2000
> > F: 630-806-2001
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
Thank you for putting "real" in quotation marks. I am a REAL accounting type, and my preference is to calculate margin percentage against net sales after discounts. Other real accounting types have different preferences. For internal accounting purposes, there is no correct answer to this. Whichever method gives your company more meaningful and useful information is the correct way.

Thom Rose
Controller
Electric Mirror, LLC
T 425 776-4946 ext. 1024
A 11831 Beverly Park Road, Building D, Everett, WA 98204 USA
www.electricmirror.com<http://www.electricmirror.com/>

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of Robert Brown
Sent: Sunday, August 17, 2008 2:55 PM
To: vantage@yahoogroups.com
Subject: {Disarmed} RE: [Vantage] Re: Sales Gross Margin vs Production Detail


I here ya... To 'real' accouting types, discount is a cost against sale so I still 'get' the canned GM rpt.

Rob

--- On Sun, 8/17/08, Mark Wonsil <mark_wonsil@...<mailto:mark_wonsil%40yahoo.com>> wrote:
From: Mark Wonsil <mark_wonsil@...<mailto:mark_wonsil%40yahoo.com>>
Subject: RE: [Vantage] Re: Sales Gross Margin vs Production Detail
To: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>
Date: Sunday, August 17, 2008, 2:25 PM

> Makes sense order disount isn't considered on a Gross Margin Report....

Yeah, but there's a line that shows the List price BEFORE discount and the

GM is calculated on that. If they started with the Net Price instead of List

or pre-discounted price, I would agree with you. My preference would be that

they showed the Gross Margin and a new calculation (Actual Margin?) that

included the discount.

Mark W.













[Non-text portions of this message have been removed]
No slight intended Thom. I prefer net sales as the base as well. Just pointing out that (technically) "gross" MEANS "gross". Privately held companies can pretty much do whatever they want. Publicly held companies have stricter rules when it comes to throwing these numbers around in public reports.
Rob

--- On Mon, 8/18/08, Thomas Rose <t.rose@...> wrote:

From: Thomas Rose <t.rose@...>
Subject: RE: {Disarmed} RE: [Vantage] Re: Sales Gross Margin vs Production Detail
To: "vantage@yahoogroups.com" <vantage@yahoogroups.com>
Date: Monday, August 18, 2008, 10:43 AM






Thank you for putting "real" in quotation marks. I am a REAL accounting type, and my preference is to calculate margin percentage against net sales after discounts. Other real accounting types have different preferences. For internal accounting purposes, there is no correct answer to this. Whichever method gives your company more meaningful and useful information is the correct way.

Thom Rose
Controller
Electric Mirror, LLC
T 425 776-4946 ext. 1024
A 11831 Beverly Park Road, Building D, Everett, WA 98204 USA
www.electricmirror. com<http://www.electric mirror.com/>

From: vantage@yahoogroups .com [mailto:vantage@yahoogroups .com] On Behalf Of Robert Brown
Sent: Sunday, August 17, 2008 2:55 PM
To: vantage@yahoogroups .com
Subject: {Disarmed} RE: [Vantage] Re: Sales Gross Margin vs Production Detail

I here ya... To 'real' accouting types, discount is a cost against sale so I still 'get' the canned GM rpt.

Rob

--- On Sun, 8/17/08, Mark Wonsil <mark_wonsil@ yahoo.com<mailto:mark_ wonsil%40yahoo. com>> wrote:
From: Mark Wonsil <mark_wonsil@ yahoo.com<mailto:mark_ wonsil%40yahoo. com>>
Subject: RE: [Vantage] Re: Sales Gross Margin vs Production Detail
To: vantage@yahoogroups .com<mailto:vantage% 40yahoogroups. com>
Date: Sunday, August 17, 2008, 2:25 PM

> Makes sense order disount isn't considered on a Gross Margin Report....

Yeah, but there's a line that shows the List price BEFORE discount and the

GM is calculated on that. If they started with the Net Price instead of List

or pre-discounted price, I would agree with you. My preference would be that

they showed the Gross Margin and a new calculation (Actual Margin?) that

included the discount.

Mark W.

[Non-text portions of this message have been removed]
Old thread but I thought I would add some information.

Over the past couple of days I have done some extensive research into the
Sales Gross Margin report. Concentrating on Manufactured Parts with Jobs
being directly made to an Order.

Here is what I found.

There are 5 fields in the Invoice Detail table called InvcDtl.JCLbrUnitCost,
.JCBurUnitCost, .JCMtlUnitCost, .JCSubUnitCost and .JCMtlBurUnitCost. These
fields are populated when a Job is marked Closed but the caveat is that at
the time the Job is marked Closed an Invoice must exist for it in order for
those fields to populate, obviously, if there is no Invoice record how can
you populate fields. So if the Job shipped and the shipment was not brought
into an Invoice Group to get an Invoice record than those fields will not
populate when Job is marked closed. For us this is not a problem since
Invoicing happens within a day from shipment and Job Closing is usually a
few days behind. But you can uncheck and re-check the Closed checkbox later,
after an Invoice was created, to have it either populate the Invoice Detail
fields the first time or if you, for whatever reason, issue more material or
apply more labor against the Job then those new costs will populate to the
JC fields. I tested this back and forth a few times and it always worked.

Then you can run SGM report but you need to check "Use Adjusted Cost" to
pick up the value of those fields for the SGM report comparison against
Total Price. All these cost should match with Production Detail report. I
did not run PDR against my test Jobs I was working with but when I looked at
Job Tracker and the Assembly Costs they matched between the Tracker and SGM
report.

For Parts being sold from Inventory, at the time of the shipment the Costs,
whatever the Part is setup for - Std, Avg, Last, are pulled from the
PartCost table and entered into the transaction MFG-CUS for that Part. When
SGM report is run for these parts it uses the PArtTran table pulling those
cost at the time of the transaction for the costs in the report.

HTH

Scott

-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Linda Lowney
Sent: Friday, August 15, 2008 2:02 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Sales Gross Margin vs Production Detail

I looked at this report way back in version 5.2 and it did not agree
with the PDR so I haven't used it since. I think the Sales Gross Margin
report is a snapshot of the cost at the time of the invoice. If you add
costs to a job after the invoice is created the Sales Gross Margin
report data does not get updated. Someone correct me if I am wrong.



Linda Lowney




--- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ,
"Manasa Reddy" <manasa@...> wrote:
>
> Can anyone explain why the numbers would be different from these two
> reports? Shouldn't they be the same?
>
> TIA!
>
>
>
> M. Manasa Reddy
> ERP / Inventory & Procurement Manager
> Welding Company of America
> manasa@...
> P: 630-806-2000
> F: 630-806-2001





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


------------------------------------

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/linksYahoo! Groups Links
That's a great point to make Scott, for that reason our end of month
procedure is when and only when we close jobs that we consider eligible
for closing. We're getting to the point now that it is the exception
where the invoiced cost at shipping is different from the adjusted
invoice cost at job close.



Rob Bucek

Manufacturing Engineer

PH: 715-284-5376 ext 311

FAX: 715-284-4084

<http://www.dsmfg.com/>

(Click the logo to view our site)



________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Scott Litzau
Sent: Thursday, April 16, 2009 4:26 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Sales Gross Margin report





Old thread but I thought I would add some information.

Over the past couple of days I have done some extensive research into
the
Sales Gross Margin report. Concentrating on Manufactured Parts with Jobs
being directly made to an Order.

Here is what I found.

There are 5 fields in the Invoice Detail table called
InvcDtl.JCLbrUnitCost,
.JCBurUnitCost, .JCMtlUnitCost, .JCSubUnitCost and .JCMtlBurUnitCost.
These
fields are populated when a Job is marked Closed but the caveat is that
at
the time the Job is marked Closed an Invoice must exist for it in order
for
those fields to populate, obviously, if there is no Invoice record how
can
you populate fields. So if the Job shipped and the shipment was not
brought
into an Invoice Group to get an Invoice record than those fields will
not
populate when Job is marked closed. For us this is not a problem since
Invoicing happens within a day from shipment and Job Closing is usually
a
few days behind. But you can uncheck and re-check the Closed checkbox
later,
after an Invoice was created, to have it either populate the Invoice
Detail
fields the first time or if you, for whatever reason, issue more
material or
apply more labor against the Job then those new costs will populate to
the
JC fields. I tested this back and forth a few times and it always
worked.

Then you can run SGM report but you need to check "Use Adjusted Cost" to
pick up the value of those fields for the SGM report comparison against
Total Price. All these cost should match with Production Detail report.
I
did not run PDR against my test Jobs I was working with but when I
looked at
Job Tracker and the Assembly Costs they matched between the Tracker and
SGM
report.

For Parts being sold from Inventory, at the time of the shipment the
Costs,
whatever the Part is setup for - Std, Avg, Last, are pulled from the
PartCost table and entered into the transaction MFG-CUS for that Part.
When
SGM report is run for these parts it uses the PArtTran table pulling
those
cost at the time of the transaction for the costs in the report.

HTH

Scott

-----Original Message-----
From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf Of
Linda Lowney
Sent: Friday, August 15, 2008 2:02 PM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: [Vantage] Re: Sales Gross Margin vs Production Detail

I looked at this report way back in version 5.2 and it did not agree
with the PDR so I haven't used it since. I think the Sales Gross Margin
report is a snapshot of the cost at the time of the invoice. If you add
costs to a job after the invoice is created the Sales Gross Margin
report data does not get updated. Someone correct me if I am wrong.

Linda Lowney

--- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com> ,
"Manasa Reddy" <manasa@...> wrote:
>
> Can anyone explain why the numbers would be different from these two
> reports? Shouldn't they be the same?
>
> TIA!
>
>
>
> M. Manasa Reddy
> ERP / Inventory & Procurement Manager
> Welding Company of America
> manasa@...
> P: 630-806-2000
> F: 630-806-2001

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

------------------------------------

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/linksYahoo
<http://groups.yahoo.com/group/vantage/linksYahoo> ! Groups Links





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