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Hi Mapics ML members:

The Mapics "Inventory Valuation" Report (AMISQ) is d1scussed in the Inventory 
Management Users Guide, as follows:

1. Chapter 4, Reports: Page 4-57 describes how to bring up the report menu 
screen (AMISP1) to print the report; and 

2. Chapter 14, Report Descriptions: Page 14-63 shows a sample of the report.

This report appears to list all the Item Numbers that are in the Mapics system 
at any particular time.  Based on the costing method selected by the company 
(Standard Cost, Average Cost or Last Cost), the report applies these costs to 
the quantities on-hand to come up with valued inventory balances.

I'm trying to understand how this report differentiates between "finished" Item 
numbers (such as, Raw Materials, manufactured components and finished goods) 
vs. "Work-in-Process" (WIP)Item numbers (such as manufactured components and 
finished goods).

For example, if we have an item number for a final product and let's say that 
we have 10 units on hand that are presently in FG (that were completed a while 
back by a closed manufacturing order) and we have 10 units that are presently 
in WIP (under the control of an active manufacturing order), how does the above 
Inventory Valuation report distinguish between the FG and the WIP for these 
Item numbers?

Both items (FG & WIP) would have to be valued at different unit rates.  Does 
Mapics do this on the Inventory Valuation report?

If the Inventory Valuation report does not include the WIP, is there a separate 
Mapics reports available for the WIP (I don't see one)?

I look forward to your comments on this subject.

Regards.....
 

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Above message before copy enclosure (if any) was sent by:

Al Gershen
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aldg@mail.rvi.net & aldg@webtv.net;
and thru ICQ # 12342782

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