Re: Hidden Costs

[KLChilds@xxxxxxx]

Hello,

We have addressed some of the problems you mentioned about costing.  First of 
all, the only place that we have found a standard cost that is accurate and 
always there is the CMF file.  We have a lot of old queries we still support. 
  Many of them use a file as input that was created via query that is a 
standard cost by item file.  We use the facility level for costing, the cost 
set we are reporting (most of the time - cost set 2 - frozen standard) and 
use the 0 bucket  records in CMF.  The cost this level and previous level are 
added together to calculate total cost.  

There are many other places that cost is stored, but many time they are 
either inaccurate or zero.  I believe the cost showing in INV300, for 
instance, comes from the CIC file which is only current as of your last MRP 
run.  Other places of note is in ITH there is a standard cost field.  It is 
only populated if you have a standard cost BEFORE you do the transaction.

I also find it interesting your description of your WIP processing.  Have to 
admit this has been a long-time issue we have yet to solve very well.  One of 
the big problems I see is that there is no interface from WIP to GLD except 
for inventory movement.  The accountants have already brought this to my 
attention that this calls for a manual process to handle WIP accounting 
properly.

Hope some of these ramblings help !

Lynn
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