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Avg Cost for Type N Items (Read 1667 times)

benp Browser I love YaBB 1G - SP1! Posts: 49	Avg Cost for Type N Items 09/03/03 at 06:43:37 We have paint in our system as a type N. We have a large quanity of different colors in stock. So we don't always have to purchase it (so an avg cost isn't generated). We use this on our BOM and would like it figured into our JC. So, how can I give a type N item an AVG Cost?
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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Avg Cost for Type N Items Reply #1 - 09/03/03 at 11:53:16 A type N can't have an average cost because it never has an on-hand quantity, which is used in the calculation of average cost. You can assign a type N part a Standard cost, which will be used when it is used.
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benp Browser I love YaBB 1G - SP1! Posts: 49	Re: Avg Cost for Type N Items Reply #2 - 09/03/03 at 12:49:03 What if we don't use Standard Cost? Will it still work?
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aricon Active Member Systems Consulting-See website for products! Posts: 1283 Gender:	Re: Avg Cost for Type N Items Reply #3 - 09/03/03 at 14:26:27 No. The entire determination of average cost is based upon items that are perpetually tracked. If the item is not tracked (type N - non inventory) then you cannot have average cost.
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David Waldmann Active Member Live to work, or work to live? Posts: 1924 Gender:	Re: Avg Cost for Type N Items Reply #4 - 09/08/03 at 08:20:56 Just because you "don't use Standard Cost" doesn't mean you're out of luck. You'll just have to put in a Standard Cost for that item. If you want, you can even change it when your average changes, you'll just have to do it manually.
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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Avg Cost for Type N Items Reply #5 - 09/08/03 at 08:26:21 Also, if you don't enter a standard cost, the system will use Last Cost which is automatically updated whenever you receive a purchase order.
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benp Browser I love YaBB 1G - SP1! Posts: 49	Re: Avg Cost for Type N Items Reply #6 - 09/11/03 at 07:20:30 OK, let me know if I have this straight. If a Type "N" doesn't have a STD Cost or Last Cost, we can give it a Last Cost using IN-K. This will show up on JC-A????
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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Avg Cost for Type N Items Reply #7 - 09/11/03 at 10:05:30 For material issued to jobs in the future, yes. It won't affect anything that has already happened.
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benp Browser I love YaBB 1G - SP1! Posts: 49	Re: Avg Cost for Type N Items Reply #8 - 09/11/03 at 12:39:18 Can we back-out a $0 material issue using WO-G, then change last cost using IN-K, and then reissue using WO-G?
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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Avg Cost for Type N Items Reply #9 - 09/11/03 at 12:56:03 Yes, you should be able to do that to correct the costs for existing work orders.
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