Part Costs Update
Reference Contents > Parts > Part Costs Update
For details on part costing methods and behaviour, see the Product Costing window.
The Update costs button function on the Part Maintenance and Log Work Order Operational Performance windows, and the Bill of Material, Process Route menus will obtain a single-level cost analysis for the selected part and, can subsequently update the part’s current costs and selling price.
Other than when opened from the Log Work Order Operational Performance window, the processing invoked is identical to the Product Costing Roll-up assembly function applied to only the immediate BoM level of the selected part. If the part has no BoM, is not an “M” type part and has zero material cost or a non-zero labour cost the last purchase history cost will be applied.
When opened from the Log Work Order Operational Performance window, the analysis is based on the average costs for all Operation receipts and the actual parts issued to the selected Work Order. This analysis is based on history and does not use the same processing as other Update cost analyses that use the Bill of Materials and Process Route values.
The results are displayed for all cost categories. In addition and in the Price pane, the Selling Price is shown re-calculated based on the Mark-up or Gross Margin set for the part.
The Update… buttons provided will only be available if you have Security Settings such that you can Edit a part (i.e. “Masters” and “Parts” on the “Masters” menu, and “Parts” and “Edit” on the “Parts” menu.). The Prohibit auto-cost-update and Prohibit auto-price-update flags are ignored in these functions.
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Field |
Description |
|---|---|
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Part number |
Parts Master. Part number unique identifier. {PTMFILE.PTMPTNO char 18} |
|
Description |
Parts Master. Part description. {PTMFILE.PTMDESC char 30} |
|
Stock Units of Measure |
Parts Master. Standard stock unit of measure. {PTMFILE.PTMSTUM char 6} |
The window has 2 tab panes.
Costs
|
Field |
Description |
|---|---|
|
New Material Cost |
The material cost element for the part calculated during the roll-up of costs. |
|
Current Material Cost |
Parts Master. Current material cost. {PTMFILE.PTMCMC number 3dp} |
|
% Variance on current |
The % variance between the calculated material cost and its current cost stored on file. |
|
% Variance on standard |
The % variance of the calculated material cost for the part to the standard cost for this element held on file. |
|
New Labour Cost |
The calculated labour cost element for this assembly calculated during roll-up. |
|
Current Labour Cost |
Parts Master. Current labour cost. {PTMFILE.PTMCLC number 3dp} |
|
% Variance on current |
The % variance of calculated labour cost for the single-level roll-up against the part’s current cost. |
|
% Variance on standard |
The % variance of calculated labour cost against the standard labour cost element for the part. |
|
New Outwork Cost |
The outwork cost calculated during this single level roll-up analysis. |
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Current Outwork Cost |
Parts Master. Current outwork cost. {PTMFILE.PTMCOC number 3dp} |
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% Variance on current |
The % variance between the calculated single level roll-up outwork cost against the part’s stored current cost. |
|
% Variance on standard |
The % variance of calculated outwork cost against the standard outwork cost element for the part. |
|
New Overhead Receiving Cost |
The receiving overhead element of cost for this part calculated during the single level roll-up. |
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Current Overhead Receiving Cost |
Parts Master. Current receiving overhead cost. {PTMFILE.PTMCROC number 3dp} |
|
% Variance on current |
The % variance of calculated receiving overhead cost against the standard receiving overhead cost element for the part. |
|
% Variance on standard |
The % variance between the calculated single level roll-up receiving overhead cost against the part’s stored current cost. |
|
New Overhead Work Centre Cost |
The labour overhead element of cost calculated during single level roll-up. |
|
Current Overhead Work Centre Cost |
Parts Master. Current overhead (burden) cost. {PTMFILE.PTMCOVC number 3dp} |
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% Variance on current |
The % variance between the calculated single level roll-up labour overhead cost against the part’s stored current cost. |
|
% Variance on standard |
The % variance of calculated labour overhead cost against the standard labour overhead cost element for the part. |
|
New Total Cost |
The total cost for the assembly as calculated during the single level roll-up. |
|
Current Total Cost |
The total current cost for this part, stored in the parts master. |
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% Variance on current |
The overall % variance between the single level roll-up cost and the stored current cost. |
|
% Variance on standard |
The % variance between the single level roll-up cost for the entire assembly and the currently stored standard cost. |
|
New This-level Cost |
The This-level value calculated for this part. The This-level value represents the cost of purchase components and the Process Route and ignores costs associated with sub-assemblies. |
|
Current This-level Cost |
Parts Master. Current this-level cost. {PTMFILE.PTMCTLC number 3dp} |
|
% Variance on current |
The % variance between the calculated This-level value and that stored in the part’s current costs. |
|
% Variance on standard |
The % variance between the calculated This-level value during roll-up against the standard cost stored for this part. |
|
Button |
Action |
|---|---|
|
Update Part Current Costs from Calculated |
To update the current costs to those calculated in this single level roll-up. |
|
Re-calculate Part Current Costs Multi-Level |
To re-calculate the current costs of all lower-level components and sub-assemblies. This will permanently change lower level costs immediately. An Alert Message window will open if cost errors are encountered.
|
WARNING: This process will operate on components and sub-assemblies in a similar way to a Masters — Global Changes — Product Costing Roll-up assembly current costs function but is specific to only parts in the BoM structure. However, the parent you have selected will not be updated unless you subsequently click on the update button. Price
|
Field |
Description |
|---|---|
|
New Selling Price |
The calculated selling price based on the calculated current cost and the selling price mark-up. |
|
Part current price |
Parts Master. Selling price. {PTMFILE.PTMSELL number 2dp} |
|
Variance on current |
The variance between the stored current selling price and that just calculated. |
|
Auto Gross Margin or Mark-up |
Parts Master. Margin of sales price over cost price. {PTMFILE.PTMARGN number 0dpShortnum} |
|
Current Actual Margin or Mark-up |
The selling price mark-up calculated from the current analysis and the selling price stored in the parts master. |
|
Button |
Action |
|---|---|
|
Update Part Selling Price from Calculated |
To update the calculated selling price for the part based on this single level roll-up. |
| See also: – |
Compiled in Program Version 5.10. Help data last modified 4 Jun 2012 04:48:00.00. Class wCostup last modified 10 Oct 2017 11:48:02.
Reference Contents > Parts > Part Costs Update
