Calculate Cost for Part Cost Group

Explanation

Use this activity to calculate costs for all parts connected to the same part cost group. This optional but recommended task is to be performed by a system administrator or equivalent person.

You can calculate costs for several parts at a time. When calculating costs, the costs set up throughout the system are gathered and attributed to the correct part. A cost calculation can be performed for a part cost group. The calculation of all parts is performed as a batch job. The calculation updates the part's level labor costs and the cumulative costs in the estimate section of the inventory part register. The structures and operations of the part are calculated and the costs are rolled up to update the cumulative calculations of the parent part.

Note: You cannot perform cost calculation for cost set 1.

Prerequisites

This activity has the following prerequisites:

• Cost sets must be defined.
• Sites must be defined.
• Inventory parts must be created.
• The cost set for which you are performing the calculation must have costs defined.
• Parts must have been assigned to the selected part cost group.

System Effects

As a result of this activity:

• The costs for all parts connected to the part cost group all levels deep will be calculated and the results saves in the selected cost set.
• The calculations are used in the comparison of accumulated (all level) costs.

Window

Part Cost Group
All Parts Cost Calculation

Related Window Descriptions

Part Cost Group
All Parts Cost Calculation

Procedure

You can perform this activity in the All Parts Cost Calculation window by either direct execution (Procedure A) or by scheduling the task to execute as a background job (Procedure B).

Procedure A:

1. Open the All Parts Cost Calculation window.
2. In the Site field, click List and select the site for which you want to perform the cost calculation, from the List of Values.
3. In the Cost Set field, click List and select the cost set for which you want to perform the cost calculation, from the List of Values.
4. In the Part Group ID field, click List and select the part cost group for which you want to perform the cost calculation, from the List of Values.
5. In the Effective Date field, specify the date when structures and routings should be valid.
6. In the Stop Roll list, click either Not Stop Cost Rollup or Stop Cost Rollup.
7. Click OK.

Procedure B:

Click Schedule, it will open New Database Task Schedule window. Set the scheduling parameters as desired and save.

To perform this activity in the Part Cost Group window, follow these steps: 

1. Open the Part Cost Group window.
2. In the Part Group ID list, query for the part cost group for which you want to perform the calculation.
3. In the header, right-click and then click All Parts Cost Calculation. The values from the selected part cost group will be shown in the All Part Cost Calculation window.
4. In the Cost Set field, click List and select the cost set for which you want to perform the cost calculation, from the List of Values.
5. Click OK.