Copy Costs to Cost Set One - Selected Parts

Explanation

Use this activity to copy cost sets of selected parts to cost set 1. This compulsory task is to be performed by a system administrator or equivalent person.

Cost set 1 is used as the standard cost set. You can copy costs from any cost set into cost set 1. If the IFS site is defined as using standard costs, then cost set 1 can only be updated by performing this activity. Because costs of cost set 1 cannot be overwritten, the current costs are moved to a history table, where they can be viewed for historical purposes.

One of the most common mistakes users make when using IFS/Costing is that they forget to copy work center, labor, and/or subcontracting costs to a new cost set - in this case, cost set 1. You can easily avoid this mistake by selecting the Copy Work Center and Labor Class Costs check box and the Copy Sub Contracting Costs check box in the Copy Cost To Cost Set One - Selected Parts dialog box.

Note: If you select the Copy Work Center and Labor Class Costs check box, all costs for work centers and labor classes on the site are copied from the selected cost set to cost set 1. And similarly if you select the Copy Sub Contracting Costs check box, all subcontracting costs for outside operations are copied from the selected cost set to cost set 1.

For supplier delivery overheads defined in the source cost set, in order to copy supplier delivery overhead in to destination cost set it is required to have the Copy Supplier Delivery Overhead check box selected.

If the Capture Cost Sources check box is selected, the cost sources for the cost buckets are captured in the part cost calculation. These cost sources will then be included in the shop order estimated calculation and also when generating project costs

Note: Only costs connected to structure/routing alternate "*" are copied (due to the fact that the inventory valuation logic only handles "*"). When you copy part costs to cost set 1 (standard costs), the inventory is revalued, and new postings are created.

Prerequisites

This activity has the following prerequisites:

System Effects

As a result of this activity:

Window

Part Costs

Related Window Descriptions

Copy Cost to Cost Set One - Selected Parts
Part Costs

Procedure

  1. Populate or query for the required records in the Part Costs window.
  2. Select the records whose cost sets you wish to copy to cost set 1.
  3. Right-click and then click Copy Costs to Cost Set One - Selected Parts. A dialog box appears.
  4. To update estimated material cost of inventory parts, select the Update Estimated Material Cost in Inventory Part check box.
  5. To copy costs for parts in the underlying structure, select the Include Components check box.
  6. To include copying of costs for configurable parts, select the Include Configurable Parts check box.
  7. To copy work center costs and labor costs, select the Copy Work Center and Labor Class Costs check box.
  8. To copy sub contracting costs, select the Sub Contracting Costs check box.
  9. To copy supplier delivery overheads, select the Copy Supplier Delivery Overhead check box.
  10. To capture the cost sources for the cost buckets in the part cost calculation, select the Capture Cost Sources check box.
  11. Select the Run in Background check box to run the process as a background job.
  12. Click OK.