Verifying Labor and Burden in the Last Cost Field

system · February 26, 2009, 12:43pm

Marty,

This morning works fine.

Kathleen

_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Marty
Sent: Thursday, February 26, 2009 8:38 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Verifying Labor and Burden in the Last Cost
Field.

Kathleen
I would very much appreciate the help in this area. Let me know
when a good time to call you on this subject. Doesn't have to be
today if you are busy..

Thanks

Marty

--- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ,
"Kathleen Tyrrell" <ktyrrell@...>
wrote:

>
> Marty,
>
>
>
> I have information that could help, but might be better to talk via
> phone
>
> than email. Let me know if you are interested in the approach.
>
>
>
> Questions that I would have:
>
>
>
> what costing method is set on the part?
>
> was there on hand inventory prior to the receipt of the job to

stock?

>
> what is the labor rate assigned to the shop employee?
>
> what is the burden rate assigned to the resource?
>
>
>
> Kathleen Tyrrell
>
> TJI & Affiliates
>
> Inventory Control
>
> 360-453-3445
>
>
>
> _____
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf

> Of Marty
> Sent: Thursday, February 26, 2009 8:07 AM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> Subject: [Vantage] Verifying Labor and Burden in the Last Cost

Field.

>
>
>
> I called Epicor Technical Help this morning asking them to explain
> to me how this transaction works. I was told it takes the actual
> cost of the part at the time the parts are received into

inventory.

> And this information comes from the Production Detail Report of

the

> job it's produced on.
>
> My problem is trying to verify these #'s. I have the print out of
> the Production Detail Report the morning before the finished parts
> were received into inventory and I have been using that report to
> try to tie into the Unit Labor and Unit Burden Last Costs and I am
> $0.35 higher in Labor and $0.80 higher in burden then what the
> system calculated. I even tried to use the Production Detail

Report

> from the following morning and had no luck.
>
> When I talked to the Epicor help person he told me to look at the
> Part Transaction History Tracker for the detail of the transaction
> and that should give me the answers I am looking for. I went to

this

> report and I see the #'s but still don't know how they were
> calculated. Plus I have a cost in Labor Unit Cost field and Mtl
> Labor Unit Cost (same for burden) but I have no idea where the Mtl
> Labor/Burden Unit Cost came from since I am not aware we charge

any

> labor/burden to the material.
>
> I am just trying to understand how this works so I can explain it

to

> others.
>
> Thanks.
>
>
>
>
> NOTICE OF CONFIDENTIALITY: This e-mail message, including

attachments, is for the sole use of the intended recipients and may
contain confidential and privileged information. If you are not an
intended recipient, please contact the sender by reply e-mail and
destroy all copies of this message, including attachments. Any
unauthorized review, use, disclosure or distribution is prohibited.

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

NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments, is for the sole use of the intended recipients and may contain confidential and privileged information. If you are not an intended recipient, please contact the sender by reply e-mail and destroy all copies of this message, including attachments. Any unauthorized review, use, disclosure or distribution is prohibited.

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

system · February 26, 2009, 11:06am

I called Epicor Technical Help this morning asking them to explain
to me how this transaction works. I was told it takes the actual
cost of the part at the time the parts are received into inventory.
And this information comes from the Production Detail Report of the
job it's produced on.

My problem is trying to verify these #'s. I have the print out of
the Production Detail Report the morning before the finished parts
were received into inventory and I have been using that report to
try to tie into the Unit Labor and Unit Burden Last Costs and I am
$0.35 higher in Labor and $0.80 higher in burden then what the
system calculated. I even tried to use the Production Detail Report
from the following morning and had no luck.

When I talked to the Epicor help person he told me to look at the
Part Transaction History Tracker for the detail of the transaction
and that should give me the answers I am looking for. I went to this
report and I see the #'s but still don't know how they were
calculated. Plus I have a cost in Labor Unit Cost field and Mtl
Labor Unit Cost (same for burden) but I have no idea where the Mtl
Labor/Burden Unit Cost came from since I am not aware we charge any
labor/burden to the material.

I am just trying to understand how this works so I can explain it to
others.

Thanks.

system · February 26, 2009, 11:21am

Marty,

I have information that could help, but might be better to talk via
phone

than email. Let me know if you are interested in the approach.

Questions that I would have:

what costing method is set on the part?

was there on hand inventory prior to the receipt of the job to stock?

what is the labor rate assigned to the shop employee?

what is the burden rate assigned to the resource?

Kathleen Tyrrell

TJI & Affiliates

Inventory Control

360-453-3445

_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Marty
Sent: Thursday, February 26, 2009 8:07 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Verifying Labor and Burden in the Last Cost Field.

I called Epicor Technical Help this morning asking them to explain
to me how this transaction works. I was told it takes the actual
cost of the part at the time the parts are received into inventory.
And this information comes from the Production Detail Report of the
job it's produced on.

My problem is trying to verify these #'s. I have the print out of
the Production Detail Report the morning before the finished parts
were received into inventory and I have been using that report to
try to tie into the Unit Labor and Unit Burden Last Costs and I am
$0.35 higher in Labor and $0.80 higher in burden then what the
system calculated. I even tried to use the Production Detail Report
from the following morning and had no luck.

When I talked to the Epicor help person he told me to look at the
Part Transaction History Tracker for the detail of the transaction
and that should give me the answers I am looking for. I went to this
report and I see the #'s but still don't know how they were
calculated. Plus I have a cost in Labor Unit Cost field and Mtl
Labor Unit Cost (same for burden) but I have no idea where the Mtl
Labor/Burden Unit Cost came from since I am not aware we charge any
labor/burden to the material.

I am just trying to understand how this works so I can explain it to
others.

Thanks.

NOTICE OF CONFIDENTIALITY: This e-mail message, including attachments, is for the sole use of the intended recipients and may contain confidential and privileged information. If you are not an intended recipient, please contact the sender by reply e-mail and destroy all copies of this message, including attachments. Any unauthorized review, use, disclosure or distribution is prohibited.

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

system · February 26, 2009, 11:37am

Kathleen
I would very much appreciate the help in this area. Let me know
when a good time to call you on this subject. Doesn't have to be
today if you are busy..

Thanks

Marty

--- In vantage@yahoogroups.com, "Kathleen Tyrrell" <ktyrrell@...>
wrote: