Re: PO Actual Cost

["Dan Sweeney" <dsweeney@xxxxxxxxxxxxxxxx>]

Dave,
 
PPV = Purchase Price Variance

________________________________

From: bpcs-l-bounces+dsweeney=phoenixbcinc.com@xxxxxxxxxxxx on behalf of 
daparnin@xxxxxxxxxxxxxx
Sent: Fri 1/19/2007 9:59 AM
To: SSA's BPCS ERP System
Subject: Re: [BPCS-L] PO Actual Cost



Thanks guys.  The term "expected cost" sounds familiar but if I have ever
delt with it before it's been long enough that the storage in that part of
my brain has already been reclaimed.  :)  Dan's answer brings up another
question--what does PPV stand for?

Still, my original question wasn't about the expected cost field, it was
about the actual cost in PACST.  Is that field the total cost from all
receipts against that line, the cost of the last receipt against that
line, or something else?  To me it looks like the total but then we don't
typically have multiple receipts against a single line but that's not to
say that it never happens.


Dave Parnin
--
Nishikawa Standard Company
Topeka, IN  46571
daparnin@xxxxxxxxxxxxxx






"Dan Sweeney" <dsweeney@xxxxxxxxxxxxxxxx>
Sent by: bpcs-l-bounces+daparnin=niscoseals.com@xxxxxxxxxxxx
01/18/2007 07:53 PM
Please respond to SSA's BPCS ERP System

        To:     "SSA's BPCS ERP System" <bpcs-l@xxxxxxxxxxxx>, "SSA's BPCS
ERP System" <bpcs-l@xxxxxxxxxxxx>
        cc:
        Subject:        Re: [BPCS-L] PO Actual Cost


Your findings are truw:

Withn the G/L the U transactions will post the std cost that is on the PO
at the time the PO was entered  and will affect the Inventory asset
account and accrued liability.

When the PO is costed by AP the C transaction posts the actual cost from
the AP invoice and measures the PPV against the std cost on the PO vs. the
actual cost on the AP invoice.

The expected cost will default into the AP invoice.

The actual cost from the AP invoice is a global cost and is not a facility
cost.

________________________________

From: bpcs-l-bounces+dsweeney=phoenixbcinc.com@xxxxxxxxxxxx on behalf of
macwheel99@xxxxxxxxxxx
Sent: Thu 1/18/2007 5:46 PM
To: SSA's BPCS ERP System
Subject: Re: [BPCS-L] PO Actual Cost



We recently had a similar confusion on 405 CD & it turns out
that while the rest of BPCS has standard cost, actual cost,
frozen cost, etc. the Purchase Order application has another
cost not found any place else = EXPECTED COST.

What happens is, when the PO is first created, the expected
cost field is a copy of the standard cost, then after the
vendor confirms our PO with the delivery date, pricing etc.
our Purchasing people update the PO with that info.  The new
cost goes into the EXPECTED COST, which is what we expect the
actual cost to be.

This impacts a lot of purchasing reports and transactions.
Right now we are trying to reconcile the General Ledger
account where "U" transaction adds value when the inventory
arrives in house, and the "C" transaction when ACP keys in
the vendor invoice.  In theory the only money in that account
should be the value of raw materials that arrived, but not
yet the invoices.  Reality is a different story.

Also, our SYS800 rules say that everything is to go into BPCS
based on LAST STANDARD COST, but we have found out that some
purchase order transactions go in as LAST ACTUAL COST.

---- Original message ----
> This is a question about a field in the HPO file.  We are on
version 4.02.
> There is a field PACST  (Actual Cost Total (global)).  Is
this the total
> cost of the quantity received so far for that line?
Ultimately, I'm want
> the last invoiced piece price for a query but didn't know if
the user
> would be satisfied with an "average" price.  That's what it
looks like is
> here but I wanted to confirm it.  Thanks.
>
>
> Dave Parnin
> --
> Nishikawa Standard Company
> Topeka, IN  46571
> daparnin@xxxxxxxxxxxxxx
> --
> This is the SSA's BPCS ERP System (BPCS-L) mailing list
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