Re: Stock Valuation

[KLChilds@xxxxxxx]

Mark,

I would suggest that any of your other costing requirements could be 
performed using additional cost sets in the CMF product.    Though we are a 
manufacturing company and not a stock trading corporation, some of the 
concepts we use may be of use.  We use standard cost set 2 for our "frozen" 
standard and do not change it during the year other than adding new products. 
 We use another cost set for a "flexible" standard and our guideline is that 
is cost is changed +/- 10% we change it in that cost set.  Then we can run 
comparative costings of our inventory.  We wish we could use the actual cost 
set 1, but often an anomaly in a receipt from the shop floor will skew the 
results of this cost set.

HTH

Lynn
+---
| This is the BPCS Users Mailing List!
| To submit a new message, send your mail to BPCS-L@midrange.com.
| To subscribe to this list send email to BPCS-L-SUB@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
+---