RE: JBA ML - Standard costing on purchased product.

Summary of what we do:

Our default costing is Standard. We use the same cost for all our
stockrooms. We update our standard annually but run a current cost update
every month. Our company profile is set to update latest costs for purchased
parts received into inventory. To set our standard on all parts, not just
purchased but also manufactured, we transfer the latest cost for purchased
parts into the costing system (manufacturing), we change any labor or
overhead rates as required, make sure that routings are updated for any
changes, process a complete item recost, then transfer costs to inventory.
We transfer all parts. This updates the standard for purchased parts as
defined in the item master file, and updates all manufactured parts to start
the new year.

We do not maintain anything manually for purchased parts.

Your "Where does SCSU60 get updated from"

We have the company profile set to update the latest cost in inventory for
the purchase cost from the purchase order when an item is received into
stock. This latest cost is transferred to a standard cost set with option #3
on the /MDC menu "Product Costing". We leave the range of items blank.
Create Costs for '1' Standard Costs. Cost Set is blank for our default
standard. Inventory costs to copy '2' for latest. Once this is processed,
you select option #4 Transfer Costs to Inventory". Here you may select
whether to transfer just 'P' Item Types or all item types. You can also
select just the 'Primary Stock room" or all depending on whether you have
different costs by stockroom.




-----Original Message-----
From: Heard, Mike [mailto:Mike.Heard@walterwaukesha.com]
Sent: Thursday, September 20, 2001 4:37 PM
To: jbausers-l@midrange.com
Subject: JBA ML - Standard costing on purchased product.


We are currently running our purchase cost on programs outside of JBA.
Now we would like to use the base JBA costing.  Does anyone know if a
purchased part is coded as standard costing in the INP35 file where does
the INP60(SCSU60 field)  file get updated from?  Or would the standard
cost have to be maintained manually.

Thank You
Mike Heard
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