HEEEEEEELP! With Cost Accounting (CST) -- BPCS-L


Hello, colleagues - would anybody be so kind as to answer my question 
(below), even if it is to say that you don't know? Thanks

Lu Festas


>From uucp@uucp1.mcs.net Thu Apr 16 17:45:34 1998
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>Date: Thu, 16 Apr 1998 19:05:18 EDT
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>Subject: Cost (Another Bounce)
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>In a message dated 98-04-16 10:11:10 EDT, owner-bpcs-l@midrange.com 
writes:
>
><< From: "Lu Festas" <ylufe@hotmail.com>
> To: BPCS-L@midrange.com
> Subject: Help!!! with Cost Accounting
> Content-Type: text/plain
> Date: Thu, 16 Apr 1998 05:46:48 PDT
> 
> 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.
> 
> ______________________________________________________
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