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Hi folks, I need help - some information about the following: I have a serious problem with Cost Accounting. My client needs to use FIFO costing, which CST doesn't do. CST only uses Average Cost and Last Cost method, but there's no way I can convince them to use one of these. What I mean by FIFO costing is something as follows: Imagine we have a product "A" with zero quantity and value. I buy 100 of "A", and I pay $500, $5 per each (16/04), I buy 100 of "A", and I pay $550, $5.5 per each (17/04), I buy 60 of "A", and I pay $490, $4.9 per each (20/04). Now (21/04) I need to use "A" in a shop order. I'll use 120 of "A". The cost of this must be: 100 x 5 + 20 x 5.5, respectively the first lot (16/04) and 20 from the second lot (17/04). If I need to use more 90 of "A" after, it will cost as follows: 80 X 5.5 + 10 x 4.9 (respectively the rest of the second lot and 10 from the third lot). We are currently on AS/400 - 6.0.02 Mixed Mode PLF (prototyping) and we will probably change to 6.0.04 Mixed Mode before going live. I would appreciate any help or suggestion. I would prefer not to change CST (customization) but find a product which did the same as CST (or more), plus FIFO costing, and preferably one which could connect to BPCS. ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com --part0_892767918_boundary-- +--- | This is the BPCS Users Mailing List! | To submit a new message, send your mail to BPCS-L@midrange.com. | To unsubscribe from this list send email to BPCS-L-UNSUB@midrange.com. | Questions should be directed to the list owner: dasmussen@aol.com +---
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