V8.03 Cost Roll-ups and configurations

Mark



If you sold an item directly from a job, Vantage used to always use
Actual Job Costing, even when the part master for that part was set to
standard



Epicor changed the functionality in 8.00, so if you had a part master
set to standard the make direct items cost of sale is at standard with a
variance. This did not work well for configured parts as there is not
one standard for the final item,



As all configured parts are make direct they should be set to average
cost method.



If it is set to average is uses the actual job cost and although your
part master shows a standard cost it is not used financially.



If you want the configured part to ship at a configured standard, you
would have to look at your materials and subassemblies, and possibly run
those at standard cost instead, while keeping your top level item at
Average (Actual).

Gary Parfrey

Dot Net IT Limited, Reg No 4412519

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Mark Wonsil
Sent: 19 July 2007 17:04
To: vantage@yahoogroups.com
Subject: RE: [Vantage] V8.03 Cost Roll-ups and configurations



> An Easier solution is to ignore the standard cost it creates and set
the
> part master to Average for Configured Parts

Hi Gary,

Just talking aloud here but my understanding of Non-Stockable parts is
that
the cost of sales comes from the job. The standard/average/last cost
should
never come into play. Did I misunderstand something?

Anyway, if I set it to average, what does my standard cost of sales
become? If
set to average, I assume the roll up will ignore the configurable MOM
altogether.

I'll try it in the test system later but it seems counter-intuitive to
ever
roll up costs on a universal BOM and even if you do, the amount should
never
be used in the COGS calculation.

Thanks,

Mark W.





[Non-text portions of this message have been removed]
Epicor has just told us that you need to manually exclude configurable parts
from cost roll-ups. Is that true? I would think that a configurable MOM should
automagically be excluded from a cost roll up since it will never be built.
Just treat it as if it were not approved - no?

Mark W.
Mark



An Easier solution is to ignore the standard cost it creates and set the
part master to Average for Configured Parts

Gary Parfrey

Dot Net IT Limited, Reg No 4412519

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Mark Wonsil
Sent: 19 July 2007 15:04
To: vantage@yahoogroups.com
Subject: [Vantage] V8.03 Cost Roll-ups and configurations



Epicor has just told us that you need to manually exclude configurable
parts
from cost roll-ups. Is that true? I would think that a configurable MOM
should
automagically be excluded from a cost roll up since it will never be
built.
Just treat it as if it were not approved - no?

Mark W.





[Non-text portions of this message have been removed]
> An Easier solution is to ignore the standard cost it creates and set the
> part master to Average for Configured Parts

Hi Gary,

Just talking aloud here but my understanding of Non-Stockable parts is that
the cost of sales comes from the job. The standard/average/last cost should
never come into play. Did I misunderstand something?

Anyway, if I set it to average, what does my standard cost of sales become? If
set to average, I assume the roll up will ignore the configurable MOM
altogether.

I'll try it in the test system later but it seems counter-intuitive to ever
roll up costs on a universal BOM and even if you do, the amount should never
be used in the COGS calculation.

Thanks,

Mark W.