ITrack/Enterprise/Costing - Revision history

Codeman: Correcting some faulty information about core costing

2015-03-30T20:25:13Z

Correcting some faulty information about core costing

← Older revision		Revision as of 15:25, 30 March 2015
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	== Costing ==		== Costing ==
	Consuming cost in ITrack Enterprise is done in ~~four~~ different ways:		Consuming cost in ITrack Enterprise is done in five different ways:
	#Complete Vehicles: the costs used to purchase the vehicle, as well as any work done on it.		#Complete Vehicles: the costs used to purchase the vehicle, as well as any work done on it.
	#Standard Parts: when they are sold take a percentage of their price as cost based on an internal default setting.		#Standard Parts: when they are sold take a percentage of their price as cost based on an internal default setting.
	#Miscellaneous Parts: parts that don't belong to a vehicle and are entered manually. The cost of this part will be equal to its Average Cost.		#Miscellaneous Parts: parts that don't belong to a vehicle and are entered manually. The cost of this part will be equal to its Average Cost.
	#Replenishable Parts: they have their cost assigned at the time they are purchased, and each subsequent purchase updates their cost, because of how average cost works.		#Replenishable Parts: they have their cost assigned at the time they are purchased, and each subsequent purchase updates their cost, because of how average cost works.
			#Cores: when a vendor charges a core charge to the company.
	~~{{Tip\|Core items (both dirty and inherent) do not have~~ a ~~cost. This is because any item that contains a core will have a cost, and any cost that~~ a core ~~has should be attributed~~ to ~~that item instead~~.}}

	=== Complete Vehicles ===		=== Complete Vehicles ===
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	Like the miscellaneous parts, replenishable parts have no Vehicle Cost Pool to worry about. The cost comes in as the Average Cost on a Purchase Order and is consumed when the item is put on a Sales Order or Work Order.		Like the miscellaneous parts, replenishable parts have no Vehicle Cost Pool to worry about. The cost comes in as the Average Cost on a Purchase Order and is consumed when the item is put on a Sales Order or Work Order.

			=== Cores ===

			Core costing will really only happen on Replenishable parts, when a vendor charges a core charge on a part. Let's say that the company buys a new transmission from a vendor; vendors can give a core charge to companies just like the company can for their customers, so the vendor charges the company a price of $10,000 and a core charge of $2,000 for the transmission.

			On the Purchase Order where the transmission was received, the transmission had a core price of $2,000 - so that becomes the core's cost in inventory. If you were to check on the transmission in the database you would find that it has inventory.averageCOREcost = 2,000.

			The transmission was replenishable, so it had an Average Cost of $10,000 (based on the price that the vendor charged the company) that got consumed. Because there was a core charge from the vendor the transmission also had an Average Core Cost of $2,000 (based on the price that the vendor charged the company for the core).

	== Finalizing Prices on Purchase Orders ==		== Finalizing Prices on Purchase Orders ==

Codeman: Hopefully clarifying some concepts about costing

2015-03-30T18:52:27Z

Hopefully clarifying some concepts about costing

Show changes

Codeman: Wow. I hope adding this new section was not too confusing. Well, I guess costing in general is kind of confusing, so screw it.

2010-02-26T20:50:56Z

Wow. I hope adding this new section was not too confusing. Well, I guess costing in general is kind of confusing, so screw it.

← Older revision		Revision as of 15:50, 26 February 2010
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	'''Average Cost Reduced''' works the same way, only it is a decrease instead of an increase.		'''Average Cost Reduced''' works the same way, only it is a decrease instead of an increase.

			==Finalizing Prices on Purchase Orders==
			One quick note that will clear up possible confusion in the future. On the Purchase Orders Screen, if you create an adjustment to a line item - the adjustment will not show up until you finalize the pricing (and save). Thus, the costing for that item will not change until the adjustment takes place (which happens when the price of the items in the PO are finalized).

			For example, if you have 2 engine assemblies (each costing $200) in a Purchase Order, and shipping those items costs $100 total (which you enter as a line item adjustment):
			* Before finalizing prices: Cost for each item = $200
			* After finalizing prices: Cost for each item = $250 ($200 + $100/2; cost of the item + shipping/quantity)

	==Additional Questions==		==Additional Questions==
	If you have any additional questions, please contact '''Justin''' or '''Dillon''', or search the '''[[ITrack/Enterprise\|Enterprise Wiki]]''' for costing. We'll be glad to help!		If you have any additional questions, please contact '''Justin''' or '''Dillon''', or search the '''[[ITrack/Enterprise\|Enterprise Wiki]]''' for costing. We'll be glad to help!


	[[Category:ITrack/Enterprise]]		[[Category:ITrack/Enterprise]]

Jmckinstry: /* Parts */

2010-02-11T17:54:34Z

Parts

← Older revision		Revision as of 12:54, 11 February 2010
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	* Parts not tied to a vehicle and ARE replenishable will have their "Average Cost Increased" based on their purchase price and quantity. "Average Cost Reduced" will be based on price at the time of sale on Sales Orders.		* Parts not tied to a vehicle and ARE replenishable will have their "Average Cost Increased" based on their purchase price and quantity. "Average Cost Reduced" will be based on price at the time of sale on Sales Orders.

			* Core items (both dirty and inherent) do not have a cost. This is because any item that contains a core will have a cost, and any cost that a core has should be attributed to that item instead.

	==Average Cost Increased/Decreased==		==Average Cost Increased/Decreased==

Jmckinstry at 17:54, 14 October 2009

2009-10-14T17:54:10Z

← Older revision		Revision as of 12:54, 14 October 2009
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	* Parts that are tied to a vehicle have zero cost until they are sold and finalized.		* Parts that are tied to a vehicle have zero cost until they are sold and finalized.

	~~The~~ Average Cost ~~field may have~~ a ~~value in it~~, ~~but any value other than zero is incorrect. If~~ the ~~Average Cost field~~ has ~~anything other than zero in it, then it should~~ be ~~ignored. It won't hurt anything and it is most likely the artifact of a Pro~~-~~to-Enterprise conversion~~.		** If the part has an Average Cost that is not zero, Enterprise interprets this as a static cost, meaning that the cost has already been decided and will not change or be re-chosen automatically.

	* When a part is sold, cost is taken from a percentage of the part's price at the time of sale. The percentage is determined from the item's 'GLCategoryID' and 'percentofprice' column in the 'GLCategory' table.		* When a part is sold, cost is taken from a percentage of the part's price at the time of sale. The percentage is determined from the item's 'GLCategoryID' and 'percentofprice' column in the 'GLCategory' table.

Jmckinstry at 17:07, 14 October 2009

2009-10-14T17:07:21Z

← Older revision		Revision as of 12:07, 14 October 2009
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	* etc.}}		* etc.}}

	* Parts not tied to a vehicle and are NOT replenishable are given a cost of ~~$0.00~~.		* Parts not tied to a vehicle and are NOT replenishable are given a cost based on an internal default setting for ITrack that can be changed as part of percentage of cost.

	* Parts not tied to a vehicle and ARE replenishable will have their "Average Cost Increased" based on their purchase price and quantity. "Average Cost Reduced" will be based on price at the time of sale on Sales Orders.		* Parts not tied to a vehicle and ARE replenishable will have their "Average Cost Increased" based on their purchase price and quantity. "Average Cost Reduced" will be based on price at the time of sale on Sales Orders.

Jmckinstry at 17:06, 14 October 2009

2009-10-14T17:06:17Z

← Older revision		Revision as of 12:06, 14 October 2009
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	== Costing ==		== Costing ==
	'''"Costing" is a feature that was added when the Interchange Branch was created; costing can happen for both parts and vehicles.'''		'''"Costing" is a feature that was added when the Interchange Branch was created; costing can happen for both parts and vehicles.'''

			Costing in ITrack Enterprise is done in four different ways:
			#Vehicles have a cost associated with them. It includes any costs used to purchase the vehicle, as well as work done on it.
			#Parts that come from a vehicle don't have a cost assigned until time of sale, at which point they consume up to the part's full price of cost, dependent on cost remaining on the vehicle.
			#Replenishable parts have their cost assigned at the time they are purchased, and each subsequent purchase updates their cost.
			#Parts that don't belong to a vehicle and are entered manually take a percentage of their price as cost based on an internal default setting.

	==Vehicles==		==Vehicles==

Jmckinstry at 16:49, 14 October 2009

2009-10-14T16:49:57Z

@@ Line 1: / Line 1: @@
 == Costing ==
-This is a stub article for costing in Enterprise.  You can expand it by editing the page.
+'''"Costing" is a feature that was added when the Interchange Branch was created; costing can happen for both parts and vehicles.'''
 [[Category:ITrack/Enterprise]]

Jmckinstry at 21:37, 17 September 2009

2009-09-17T21:37:31Z

← Older revision		Revision as of 16:37, 17 September 2009
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	== Costing ==		== Costing ==
	This is a stub article for costing in Enterprise. You can expand it by editing the page.		This is a stub article for costing in Enterprise. You can expand it by editing the page.

			[[Category:ITrack/Enterprise]]

Jmckinstry: New page: == Costing == This is a stub article for costing in Enterprise. You can expand it by editing the page.

2009-09-17T21:36:32Z

New page: == Costing == This is a stub article for costing in Enterprise. You can expand it by editing the page.

New page

== Costing ==
This is a stub article for costing in Enterprise. You can expand it by editing the page.