Re: PO Actual Cost

Your findings are truw:
 
Withn the G/L the U transactions will post the std cost that is on the PO at 
the time the PO was entered  and will affect the Inventory asset account and 
accrued liability.
 
When the PO is costed by AP the C transaction posts the actual cost from the AP 
invoice and measures the PPV against the std cost on the PO vs. the actual cost 
on the AP invoice.
 
The expected cost will default into the AP invoice.
 
The actual cost from the AP invoice is a global cost and is not a facility cost.

________________________________

From: bpcs-l-bounces+dsweeney=phoenixbcinc.com@xxxxxxxxxxxx on behalf of 
macwheel99@xxxxxxxxxxx
Sent: Thu 1/18/2007 5:46 PM
To: SSA's BPCS ERP System
Subject: Re: [BPCS-L] PO Actual Cost



We recently had a similar confusion on 405 CD & it turns out
that while the rest of BPCS has standard cost, actual cost,
frozen cost, etc. the Purchase Order application has another
cost not found any place else = EXPECTED COST.

What happens is, when the PO is first created, the expected
cost field is a copy of the standard cost, then after the
vendor confirms our PO with the delivery date, pricing etc.
our Purchasing people update the PO with that info.  The new
cost goes into the EXPECTED COST, which is what we expect the
actual cost to be.

This impacts a lot of purchasing reports and transactions.
Right now we are trying to reconcile the General Ledger 
account where "U" transaction adds value when the inventory
arrives in house, and the "C" transaction when ACP keys in
the vendor invoice.  In theory the only money in that account
should be the value of raw materials that arrived, but not
yet the invoices.  Reality is a different story.

Also, our SYS800 rules say that everything is to go into BPCS
based on LAST STANDARD COST, but we have found out that some
purchase order transactions go in as LAST ACTUAL COST.

---- Original message ----

This is a question about a field in the HPO file.  We are on

version 4.02.

There is a field PACST  (Actual Cost Total (global)).  Is

this the total

cost of the quantity received so far for that line? 

Ultimately, I'm want

the last invoiced piece price for a query but didn't know if

the user

would be satisfied with an "average" price.  That's what it

looks like is

here but I wanted to confirm it.  Thanks.


Dave Parnin
--
Nishikawa Standard Company
Topeka, IN  46571
daparnin@xxxxxxxxxxxxxx
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