RE: JBA ML - Standard costing on purchased product.

["Heard, Mike" <Mike.Heard@xxxxxxxxxxxxxxxxxx>]

Thank you

> -----Original Message-----
> From: Smith, Linda [SMTP:LSmith@rexairinc.com]
> Sent: Friday, September 21, 2001 7:22 AM
> To:   'jbausers-l@midrange.com'
> Subject:      RE: JBA ML - Standard costing on purchased product.
>
> Summary of what we do:
>
> Our default costing is Standard. We use the same cost for all our
> stockrooms. We update our standard annually but run a current cost
> update
> every month. Our company profile is set to update latest costs for
> purchased
> parts received into inventory. To set our standard on all parts, not
> just
> purchased but also manufactured, we transfer the latest cost for
> purchased
> parts into the costing system (manufacturing), we change any labor or
> overhead rates as required, make sure that routings are updated for
> any
> changes, process a complete item recost, then transfer costs to
> inventory.
> We transfer all parts. This updates the standard for purchased parts
> as
> defined in the item master file, and updates all manufactured parts to
> start
> the new year.
>
> We do not maintain anything manually for purchased parts.
>
> Your "Where does SCSU60 get updated from"
>
> We have the company profile set to update the latest cost in inventory
> for
> the purchase cost from the purchase order when an item is received
> into
> stock. This latest cost is transferred to a standard cost set with
> option #3
> on the /MDC menu "Product Costing". We leave the range of items blank.
> Create Costs for '1' Standard Costs. Cost Set is blank for our default
> standard. Inventory costs to copy '2' for latest. Once this is
> processed,
> you select option #4 Transfer Costs to Inventory". Here you may select
> whether to transfer just 'P' Item Types or all item types. You can
> also
> select just the 'Primary Stock room" or all depending on whether you
> have
> different costs by stockroom.
>
>
>
>
> -----Original Message-----
> From: Heard, Mike [mailto:Mike.Heard@walterwaukesha.com]
> Sent: Thursday, September 20, 2001 4:37 PM
> To: jbausers-l@midrange.com
> Subject: JBA ML - Standard costing on purchased product.
>
>
> We are currently running our purchase cost on programs outside of JBA.
> Now we would like to use the base JBA costing.  Does anyone know if a
> purchased part is coded as standard costing in the INP35 file where
> does
> the INP60(SCSU60 field)  file get updated from?  Or would the standard
> cost have to be maintained manually.
>
> Thank You
> Mike Heard
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