This module allows the user to change the Standard Cost, labor cost, overhead cost, other costs, and user defined costs.  This screen also allows a roll up of standard costs into the appropriate Bill of Materials.  The user has the ability to start a new cost roll up.  The roll ups go to another screen where the user can select or modify the rollup. 

(This module will consider Make/Buy inventory part numbers as BUY parts and will be rolled into the Buy portion of the Std Cost Adjustment module.   

Phantom parts are not rolled up and calculated costs assigned.  The components will remain rolled up to the next higher assembly.  The system will reset all the Phantom parts to 0.00 before saving it to the inventory.  The standard cost adjustment module will just use their cost to calculate Top assembly costs.  When the last rollup is reached, the system will reset all phantom standard costs to zero (since they should not have a cost), and also make sure that any phantoms at the lower level has the "Use calculated cost" checked so that it gets updated in order to roll into the next level up.  Because users may have numerous phantom (not make/phantom) assemblies in the system, the module will automatically check the "Use calculated cost" for every phantom assembly at each cost roll level.    

Once satisfied, the user can roll the costs into the inventory tables and the General Ledger journal entries will be created.  The user also has the ability to level make parts.  All Make parts will be leveled.  After the leveling has been completed, the user has the ability to roll up Make parts.  All Make parts will be rolled up.  If the same part appears more than once (used at different levels of BOM's throughout the system), the BOM will be leveled and considered at the lowest level that exists within the system. 

The user then go to the Modifications tab where he/she can evaluate the changes, accepting or modifying them. Once the user is satisfied, the Roll Costs button can be used.  All inventory tables will be updated and records will be created for the General Ledger Journal entry.  Note:  A high level Accounting password is required to generate the Roll up.

 

When standard cost adjustments are created against an inventory part number that contain both regular stock and In-store stock the module will only show the delta for the regular stock on hand.  The Std Cost Adjustment module will filter out the in-store warehouse qty's when updating the costs within the Cost Adjustment Release to GL screen.