There is no getting around proper procedures and control.
No item master record should be setup without a standard costs.
The company that I work for had the same issue; but we had costs estimates for project approvals.
Our procedure now requires that an item master and BOM be set up as part of the estimating and budgering process. When we start to purchase, a final cost review is completed before the PO is issued.
Art Shaffer
----- Original Message ----
From: "daparnin@xxxxxxxxxxxxxx" <daparnin@xxxxxxxxxxxxxx>
To: bpcs-l@xxxxxxxxxxxx
Sent: Tuesday, September 11, 2007 3:58:39 PM
Subject: [BPCS-L] Zero Expected Cost
I had a question from a user about ACP500 in BPCS 4.02 as to why the
"amount to cost" field was coming up with a zero value. From what I've
seen this comes from the expected cost field in the HPO record. That
raises the question as to the source of the expected cost. I found a
message in the archives describing the expected cost:
http://archive.midrange.com/bpcs-l/200701/msg00046.html
"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."
In our case this is a new part number and this is the first time that
we've received anything against it. Is it likely that the reason that
it's coming up a zero in ACP500 is because there was no cost on file when
the PO was first entered?
Dave Parnin
midrange.com
