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This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- [ Picked text/plain from multipart/alternative ] Or you can set a cutoff date (end of year would be nice, after you close the books,etc) then make these items FIFO -----Original Message----- From: jbausers-l-request@midrange.com [mailto:jbausers-l-request@midrange.com] Sent: Saturday, 30 November 2002 2:00 AM To: jbausers-l@midrange.com Subject: JBAUSERS-L digest, Vol 1 #379 - 6 msgs Send JBAUSERS-L mailing list submissions to jbausers-l@midrange.com To subscribe or unsubscribe via the World Wide Web, visit http://lists.midrange.com/cgi-bin/listinfo/jbausers-l or, via email, send a message with subject or body 'help' to jbausers-l-request@midrange.com You can reach the person managing the list at jbausers-l-admin@midrange.com When replying, please edit your Subject line so it is more specific than "Re: Contents of JBAUSERS-L digest..." Today's Topics: 1. Vendor Sourcing (Mona Ferriols) 2. non Balance Sheet items in inventory that are standard costed (tkresky@sunflowermfg.com) 3. RE: non Balance Sheet items in inventory that are stand ard costed (Steve Dodkins) 4. Re: non Balance Sheet items in inventory that are standard costed (Ed Lybrook) 5. RE: non Balance Sheet items in inventory that are standard costed (tkresky@sunflowermfg.com) --__--__-- Message: 1 From: Mona Ferriols <mon.ferriols@ionics-ems.com> To: "Jbausers-L (E-mail)" <jbausers-l@midrange.com> Date: Fri, 29 Nov 2002 12:40:05 +0800 Subject: [SYS21] Vendor Sourcing Reply-To: jbausers-l@midrange.com This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- [ Picked text/plain from multipart/alternative ] What does VS run Source of 4 mean in VSP40? and what is the demand point in VSP45? which program/activity trigger the change os these? Mon Ferriols Data Management and Control Ionics EMS, Inc. Plant 7 Tel: (049) 545-9751 Email: mon.ferriols@ionics-ems.com Web: www.ionicsgroup.com ########################################### This message has been scanned by F-Secure Anti-Virus for Microsoft Exchange. For more information, connect to http://www.F-Secure.com/ --__--__-- Message: 2 To: jbausers-l@midrange.com From: tkresky@sunflowermfg.com Date: Fri, 29 Nov 2002 09:39:03 -0600 Subject: [SYS21] non Balance Sheet items in inventory that are standard costed Reply-To: jbausers-l@midrange.com I've given up trying to get help from Geac. The 'answer' provided by AnswerLink is to hire their consultants to get the answer. Funny thing, I've asked many Geac consultants over the last 3 years about this and have yet to receive an answer from a single one of them. And, all this while trying to triple our maintenance fee! ................Man, am I frustrated. Anyhow... maybe you folks can help me with this. What I posted on AnswerLink follows: Here is our situation... We have 2 types of inventory: production and supplies. Only production inventory is shown on the Balance Sheet. Supplies are expensed as received. When the system was set up several years back, the supplies were setup as 'standard costed' items. As such, these items are being handled exactly as the 'production' standard costed items are. That is, upon receipt, an accrual is posted to the G/L and price variance recognized. Remember I said these are expensed? I don't mind the auto accrue feature but I very much mind taking purchase price variance on expensed items. So... my hope is that I can change the supplies to some other cost type (FIFO is what I have in mind) so they'll stop generating price variance. Then, the question becomes how to do that without causing heartburn to the system. Any thoughts are greatly appreciated. R. Tim Kresky, Controller Sunflower Manufacturing a division of AGCO Corporation ph: (785) 738-2261 x272 fax: (785)-738-2406 email: tim.kresky@sunflowermfg.com --__--__-- Message: 3 From: Steve Dodkins <Steve.Dodkins@ebm-ziehl.co.uk> To: "'jbausers-l@midrange.com'" <jbausers-l@midrange.com> Subject: RE: [SYS21] non Balance Sheet items in inventory that are stand ard costed Date: Fri, 29 Nov 2002 15:59:10 -0000 Reply-To: jbausers-l@midrange.com Can't you treat the expensed items as non stock items? Steve -----Original Message----- From: tkresky@sunflowermfg.com [mailto:tkresky@sunflowermfg.com] Sent: 29 November 2002 15:39 To: jbausers-l@midrange.com Subject: [SYS21] non Balance Sheet items in inventory that are standard costed I've given up trying to get help from Geac. The 'answer' provided by AnswerLink is to hire their consultants to get the answer. Funny thing, I've asked many Geac consultants over the last 3 years about this and have yet to receive an answer from a single one of them. And, all this while trying to triple our maintenance fee! ................Man, am I frustrated. Anyhow... maybe you folks can help me with this. What I posted on AnswerLink follows: Here is our situation... We have 2 types of inventory: production and supplies. Only production inventory is shown on the Balance Sheet. Supplies are expensed as received. When the system was set up several years back, the supplies were setup as 'standard costed' items. As such, these items are being handled exactly as the 'production' standard costed items are. That is, upon receipt, an accrual is posted to the G/L and price variance recognized. Remember I said these are expensed? I don't mind the auto accrue feature but I very much mind taking purchase price variance on expensed items. So... my hope is that I can change the supplies to some other cost type (FIFO is what I have in mind) so they'll stop generating price variance. Then, the question becomes how to do that without causing heartburn to the system. Any thoughts are greatly appreciated. R. Tim Kresky, Controller Sunflower Manufacturing a division of AGCO Corporation ph: (785) 738-2261 x272 fax: (785)-738-2406 email: tim.kresky@sunflowermfg.com _______________________________________________ This is the GEAC/JBA System 21 Users (JBAUSERS-L) mailing list To post a message email: JBAUSERS-L@midrange.com To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/cgi-bin/listinfo/jbausers-l or email: JBAUSERS-L-request@midrange.com Before posting, please take a moment to review the archives at http://archive.midrange.com/jbausers-l. --__--__-- Message: 4 From: "Ed Lybrook" <elybrook@btcgrp.com> To: <jbausers-l@midrange.com> Subject: Re: [SYS21] non Balance Sheet items in inventory that are standard costed Date: Fri, 29 Nov 2002 11:04:43 -0500 Reply-To: jbausers-l@midrange.com You can create a non-inventory stockroom and use that for your supplies. Post to the supplies account when you receive the invoice. ----- Original Message ----- From: <tkresky@sunflowermfg.com> To: <jbausers-l@midrange.com> Sent: Friday, November 29, 2002 10:39 AM Subject: [SYS21] non Balance Sheet items in inventory that are standard costed > I've given up trying to get help from Geac. The 'answer' provided by > AnswerLink is to hire their consultants to get the answer. Funny thing, > I've asked many Geac consultants over the last 3 years about this and have > yet to receive an answer from a single one of them. And, all this while > trying to triple our maintenance fee! ................Man, am I > frustrated. > > Anyhow... maybe you folks can help me with this. What I posted on > AnswerLink follows: > > Here is our situation... > We have 2 types of > inventory: production > and supplies. Only > production inventory is > shown on the Balance > Sheet. Supplies are > expensed as received. > When the system was set > up several years back, > the supplies were setup > as 'standard costed' > items. As such, these > items are being handled > exactly as the > 'production' standard > costed items are. That > is, upon receipt, an > accrual is posted to the > G/L and price variance > recognized. Remember I > said these are expensed? > I don't mind the auto > accrue feature but I > very much mind taking > purchase price variance > on expensed items. So... > my hope is that I can > change the supplies to > some other cost type > (FIFO is what I have in > mind) so they'll stop > generating price > variance. Then, the > question becomes how to > do that without causing > heartburn to the system. > > > > > Any thoughts are greatly appreciated. > > > R. Tim Kresky, Controller > Sunflower Manufacturing > a division of AGCO Corporation > ph: (785) 738-2261 x272 > fax: (785)-738-2406 > email: tim.kresky@sunflowermfg.com > > _______________________________________________ > This is the GEAC/JBA System 21 Users (JBAUSERS-L) mailing list > To post a message email: JBAUSERS-L@midrange.com > To subscribe, unsubscribe, or change list options, > visit: http://lists.midrange.com/cgi-bin/listinfo/jbausers-l > or email: JBAUSERS-L-request@midrange.com > Before posting, please take a moment to review the archives > at http://archive.midrange.com/jbausers-l. > > --__--__-- Message: 5 Subject: RE: [SYS21] non Balance Sheet items in inventory that are standard costed To: jbausers-l@midrange.com From: tkresky@sunflowermfg.com Date: Fri, 29 Nov 2002 10:30:22 -0600 Reply-To: jbausers-l@midrange.com First, please excuse my outburst about Geac. There are a lot of fine people there doing the best they can. I should have mentioned I'm just a simple accountant. I have some knowledge of what goes on in the Inventory module, but not a lot. The key is we want to track the inventory quantity on expense items, so we know when to reorder things. If memory serves me correctly, making something non-stock prevents you from tracking inventory. Regards, R. Tim Kresky, Controller Sunflower Manufacturing a division of AGCO Corporation ph: (785) 738-2261 x272 fax: (785)-738-2406 email: tim.kresky@sunflowermfg.com Steve Dodkins <Steve.Dodkins@ebm-zi To: "'jbausers-l@midrange.com'" <jbausers-l@midrange.com> ehl.co.uk> cc: Sent by: Subject: RE: [SYS21] non Balance Sheet items in inventory that are jbausers-l-admin@midr stand ard costed ange.com 11/29/2002 09:59 AM Please respond to jbausers-l Can't you treat the expensed items as non stock items? Steve -----Original Message----- From: tkresky@sunflowermfg.com [mailto:tkresky@sunflowermfg.com] Sent: 29 November 2002 15:39 To: jbausers-l@midrange.com Subject: [SYS21] non Balance Sheet items in inventory that are standard costed I've given up trying to get help from Geac. The 'answer' provided by AnswerLink is to hire their consultants to get the answer. Funny thing, I've asked many Geac consultants over the last 3 years about this and have yet to receive an answer from a single one of them. And, all this while trying to triple our maintenance fee! ................Man, am I frustrated. Anyhow... maybe you folks can help me with this. What I posted on AnswerLink follows: Here is our situation... We have 2 types of inventory: production and supplies. Only production inventory is shown on the Balance Sheet. Supplies are expensed as received. When the system was set up several years back, the supplies were setup as 'standard costed' items. As such, these items are being handled exactly as the 'production' standard costed items are. That is, upon receipt, an accrual is posted to the G/L and price variance recognized. Remember I said these are expensed? I don't mind the auto accrue feature but I very much mind taking purchase price variance on expensed items. So... my hope is that I can change the supplies to some other cost type (FIFO is what I have in mind) so they'll stop generating price variance. Then, the question becomes how to do that without causing heartburn to the system. Any thoughts are greatly appreciated. R. Tim Kresky, Controller Sunflower Manufacturing a division of AGCO Corporation ph: (785) 738-2261 x272 fax: (785)-738-2406 email: tim.kresky@sunflowermfg.com _______________________________________________ This is the GEAC/JBA System 21 Users (JBAUSERS-L) mailing list To post a message email: JBAUSERS-L@midrange.com To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/cgi-bin/listinfo/jbausers-l or email: JBAUSERS-L-request@midrange.com Before posting, please take a moment to review the archives at http://archive.midrange.com/jbausers-l. _______________________________________________ This is the GEAC/JBA System 21 Users (JBAUSERS-L) mailing list To post a message email: JBAUSERS-L@midrange.com To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/cgi-bin/listinfo/jbausers-l or email: JBAUSERS-L-request@midrange.com Before posting, please take a moment to review the archives at http://archive.midrange.com/jbausers-l. --__--__-- _______________________________________________ This is the GEAC/JBA System 21 Users (JBAUSERS-L) digest list To post a message email: JBAUSERS-L@midrange.com To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/cgi-bin/listinfo/jbausers-l or email: JBAUSERS-L-request@midrange.com Before posting, please take a moment to review the archives at http://archive.midrange.com/jbausers-l. End of JBAUSERS-L Digest ########################################### This message has been scanned by F-Secure Anti-Virus for Microsoft Exchange. For more information, connect to http://www.F-Secure.com/
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