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The really good news is I always insisted expense items be maintained in
separate stock rooms. Now, I just have to work through the consequences of
throwing that switch.
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
Jeff_Klipa/Harvard@harv
ardind.com To:
jbausers-l@midrange.com
Sent by: cc:
jbausers-l-admin@midran Subject: [SYS21] Re:
[SYS21] non Balance Sheet items in inventory
ge.com that are standard costed
12/02/2002 09:19 AM
Please respond to
jbausers-l
Yeah, we had a similar situation with our MRO at one plant...
They expensed all of that stuff and did not want the valuation of every
stock
movement hitting the G/L... So that was the answer we used...
I'm confident that will solve this particular problem...
Regards...
tkresky@sunflowermfg.com on 12/02/2002 10:19:43 AM
Please respond to jbausers-l@midrange.com
To: jbausers-l@midrange.com
cc: (bcc: Jeff Klipa/Harvard)
Subject Re: [SYS21] non Balance Sheet items in
: inventory that are standard costed
Jeff,
That sounds like it may be exactly what I'm looking for. Once I get clear
of the monthly curse (month-end closing and reporting), I'll check into it.
Thanks,
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
Jeff_Klipa/Harvard@harv
ardind.com To:
jbausers-l@midrange.com
Sent by: cc:
jbausers-l-admin@midran Subject: [SYS21]
non
Balance Sheet items in inventory that are
ge.com standard costed
12/02/2002 08:47 AM
Please respond to
jbausers-l
Tim,
If you want to track inventory levels for restocking but don't care about
valuation you can store your supplies in a non-valued stockroom...
>From Company Profile Maintenance 1/INU you will find...
IN010 Your company name User
Maintain Company Profile
Stockroom................... FG FINISHED GOODS
Include in valuation........ 1 (0=No,1=Yes)
<-------------------
This flag should be '0' for a non-valued stockroom...
Stockroom usage code.....?..
Department...............?..
Stockroom site...........?..
This might be the elegant solution you were hoping for...
Let me know...
hth...
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