We are using XA's average costing, and this seems to work well for us. That being said, sometimes it seems our processing steps have to be done in a certain order for the average costing function to work correctly.
Does anybody else use average costing? Also, what are some advantages to using standard costing? Especially if there is a lot of maintenance needed to the standard cost.
Thanks.
-Tom Stieger
California Fine Wire
-----Original Message-----
From: mapics-l-bounces@xxxxxxxxxxxx
[mailto:mapics-l-bounces@xxxxxxxxxxxx]On Behalf Of Lloyd Degnon
Sent: Thursday, May 08, 2008 1:15 PM
To: MAPICS ERP System Discussion
Cc: Jeff Pile
Subject: Re: [MAPICS-L] Costing of purchased items.
This is true and by design if you are tailored for standard costing. If
you are tailored for average costing it would automatically adjust cost
upon receipt. Also, if you are using standard costing, XA still tracks
the average cost.
What I understand anyway...
Lloyd H. Degnon
I.T. Manager
Ampro Computers, Inc.
5215 Hellyer Ave.
Building #110
San Jose, CA 95138
(408) 360-4365
lloyd.degnon@xxxxxxxxx
-----Original Message-----
From: mapics-l-bounces@xxxxxxxxxxxx
[mailto:mapics-l-bounces@xxxxxxxxxxxx] On Behalf Of Weston Wheat
Sent: Thursday, May 08, 2008 1:07 PM
To: mapics-l@xxxxxxxxxxxx
Cc: Jeff Pile
Subject: [MAPICS-L] Costing of purchased items.
List
In investigating costing of purchased items I have found the following
from the Infor XA support website:
Here is the solution: Material cost for Raw Material and Purchased
Items
Standard and Current Material Costs for Raw Material (Item Type = 3) and
Purchased Items (Item Type = 4) are maintained only through file
maintenance. These fields are not updated through any receipt
transactions or any MAPICS program.
Here is the problem or goal:
Material cost for Raw Material and Purchased Items
How does the material costs for raw material and purchased items get
updated?
I have three questions then.
1. How does the costs get entered into Current and Standard costs
the first time that item is created?
2. What is the best way to keep these costs accurate, since it
appears you must do file maintenance to update the costs?
i.e. Is there a off-line load option from , say, a excel spreadsheet?
3. Is there a bolt on module that will track the purchasing cost
and update the purchase item costs in IM?
Thanks
Weston Wheat
Information Systems Manager
Quality Thermistor Inc
Phone: 208-377-3373
E-mail: wwheat@xxxxxxxxxxxxxx <mailto:wwheat@xxxxxxxxxxxxxx>
Web:
http://www.thermistor.com <
http://www.thermistor.com>
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