Re: Re Inventory revaluation

The way the software works may be dependent on version of BPCS.
Also our understanding could be flawed, based on what we have and have not
studied in detail.

We are not 24x7. Inventory gets updated during 1st shift, sometimes a 2nd
shift. Cost Rollups can be run outside of that.

However, I have learned from bitter experience not to be running reports
that access costs, at same time as Cost Rollup in progress. The costs can
temporarily be incorrect, while Cost Rollup in midst of recalculations.

Inventory transactions grab costs as they exist at instant of inventory
transaction. That cost in ITH then is what goes into General Ledger, not
cost as it exists at time of INV920.

Due to a routing error, one item's sub-assemblies are costed 100 times
higher than they should be. I found this out when RJ scrap from labor was
several thousand $ one nite, when usually the total is only a few hundred $.
That cost does not get fixed until
(a) engineering fixes routings
(b) we have standard cost rollup
(c) inventory transactions, done after that, will be correct
But meanwhile there's lots of bad info gone from ITH to GL

-
Al Mac

-----Original Message-----
From: bpcs-l-bounces+macwheel99=wowway.com@xxxxxxxxxxxx
[mailto:bpcs-l-bounces+macwheel99=wowway.com@xxxxxxxxxxxx] On Behalf Of
Norman.Boyd@xxxxxxxxxxxxxxxxx
Sent: Friday, August 21, 2009 9:17 AM
To: BPCS ERP System
Subject: Re: [BPCS-L] Re Inventory revaluation

On the whole cost roll up timing. If you do a cost roll up WHILE there is
inventory activity, does it really affect the results of the what gets
posted to GL, if you are using standard costs? My reasoning is this. When
the INV920, Post Inventory to G/L, is executed, doesn't it post the
current standard cost and not the standard cost at the time of the
transaction?

Norman K. Boyd
MIS Administrator
Showa Aluminum Corp. of America

CONFIDENTIALITY NOTICE: This e-mail message is intended only for the
person or entity to which it is addressed and may contain confidential
and/or privileged material. Any unauthorized review, use, disclosure or
distribution is prohibited. If you are not the intended recipient, please
contact the sender by reply e-mail and destroy all copies of the original
message. If you are the intended recipient but do not wish to receive
communications via email, please advise the sender immediately.