Hey Jeff,
If you recall, we did that at FFT. You can have different costs in different
warehouses for the same items. I actually went the two sites way in EPDM so we
could have even better control. The parts in site 100, whse 1, was a
manufactured part, and in site 200, whse 2 the same part was a purchased part.
Worked very well.
Dale (Cork) Gindlesperger, CPIM
Click here for my professional profile
________________________________
From: Jeff Snyder <jeffreygsnyder@xxxxxxxxxxx>
To: mapics midrange <mapics-l@xxxxxxxxxxxx>
Sent: Tue, April 26, 2011 11:42:45 AM
Subject: [MAPICS-L] Inv transfer Question.
Hey Group,
I have an account that has 2 physical plants. They transfer some component
items from one to another. The issue is they would like to apply a different
cost to the component at the receiving facility to include the freight cost.
We are discussing setting up 2 Sites (EPDM).
The question is we transfer the inventory from one to another, we do not sell
it. example: if the cost is 1.00 at the production location, Plant A and 1.25
at the receiving location, Plant B. (Std Cost).
When we transfer the component we can credit Plant A's inventory for 1.00 and
debit intransit for 1.00. (IW). What do we do when we receive at plant B? The
inventory will be received at 1.25 (RW).
We could debit the Inv account - plant B, and credit another intransit - in for
the 1.25. But how do we clear the delta at the end of the month between the
two intransit accounts? (.25)
I think we would need to clear these two accounts with a journal entry and the
delta hit an Inventory adjustment account. (add up IWs against RWs).
Any other thoughts?
Gathering info.
Thanks,
Jeff
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