This is not an easy question to answer because of all the variable features you could have on/off.
Costing methods of average, lot average, fifo (least favorite), lot fifo (ok, this is harder to explain), last (does “interesting” things when there are price fluctuations). Then you have make to stock vs make to order. Throw in Ort on the fly and mixed cost setting possible, it can be difficult to explain what happens without seeing the actual data setup.
There is also a setting that changes behavior for make direct on how it works with variances if you are standard cost.
Oh, and if you do partial completions, it can do some interesting mathematical problems because the system must perform the cost calculations based on incomplete data.
The purest cost capture can actually be make direct / part on the fly in an average cost environment. You should see as close to actual as possible.
Where can you see the costs? In the INVOICE detail table. There is a report in the AR reports menu that shows the data, but also in the invoice tracker (I think) and in the production detail report, which should show cost details for the job. This data is also visible in the job tracker on the assemblies tab in a summarized view.
2 Likes