Switching from manufactured to purchased

Yahoo Archive
1
We have done this on some items, and found no real problems. The costing is
average so it really is the cost we had. The jobs don't know the difference
because they are still stocked items.

RG
-----Original Message-----
From: andrewcretors [mailto:acretors@...]
Sent: Thursday, September 30, 2004 11:55 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Switching from manufactured to purchased


To all,
Have any of you faced the need to farm out something that you
normally make? What changes need to be made other than flipping the
Purchased / Manufactured switch?

Some of our concerns are:
1. How will this affect jobs that call for the manufactured (now
purchased) item?
2. Are there any costing issues we need to be aware of?
3. Any other concerns?

Thanks in advance for your help!

Andrew



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2
To all,
Have any of you faced the need to farm out something that you
normally make? What changes need to be made other than flipping the
Purchased / Manufactured switch?

Some of our concerns are:
1. How will this affect jobs that call for the manufactured (now
purchased) item?
2. Are there any costing issues we need to be aware of?
3. Any other concerns?

Thanks in advance for your help!

Andrew
3
Andrew,

We have done this from time to time. If you are on Average costing rather
than last, watch your inventory pricing. It could retain the labor and
burden from previously manufactured parts that were in stock.

Also the original raw material and the total purchased price will be
averaged. This can cause some real problems in job costing when the parts
are issued to the job.

Wayne Katzenberger
ELECPAC

-----Original Message-----
From: andrewcretors [mailto:acretors@...]
Sent: Thursday, September 30, 2004 10:55 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Switching from manufactured to purchased


To all,
Have any of you faced the need to farm out something that you
normally make? What changes need to be made other than flipping the
Purchased / Manufactured switch?

Some of our concerns are:
1. How will this affect jobs that call for the manufactured (now
purchased) item?
2. Are there any costing issues we need to be aware of?
3. Any other concerns?

Thanks in advance for your help!

Andrew




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
Yahoo! Groups Links