Define Part Cost Group
Explanation
This activity is used to maintain and view the part cost groups that may be used
within the system, assign the part cost group to a cost template, and connect
inventory parts to the group. This optional task is to be performed by a
system administrator or an equivalent person.
A part cost group is used to group parts whose costs are calculated using the
same cost templates, buckets, and elements. Grouping parts allows you to make major, simultaneous changes to the cost
structure of the selected parts. Any changes to the part cost group also affect
the connected parts. The group and cost set can be changed in the
Override
Template/Cost Set tab of the
Part Cost Group window.
This task can be performed in the
Part Cost Group
and
Costing Basic Data/Part Cost Group windows.
Prerequisites
This activity has the following prerequisites:
- The site must exist in the system.
- Cost templates must exist in the system.
- Inventory parts must be defined.
System Effects
As a result of this activity:
- Major changes can be simultaneously made to all parts in the cost group.
- A part cost group is created to which you must assign parts, either in the
Part Cost Group/Group Contents window or in the
Inventory
Part/Misc Part Info window.
- Any changes to the part cost group also affect the connected parts.
Window
Part Cost Group
Costing Basic Data
Related Window Descriptions
Part Cost Group
Costing Basic Data/Part Cost Group
Procedure
From the
Part Cost Group window:
- Open the
Part Cost Group window.
- To create a new part cost group, create a new record in the Part Cost Group ID field, and enter up to five
alphanumeric characters for the ID.
- To view or modify an existing part cost group, query for the group.
- In the Description field, enter or edit the description of the group.
- In the Site field, select the site whose part costs you wish to define
from the List of Values.
- In the Mfg Template field, select the manufacturing cost template
to connect to the part cost group from the List of Values.
- In the Purch Template field, select the purchasing cost template to
connect to the part cost group from the List of Values.
- Save the changes.
From the
Costing Basic Data/Part Cost Group
window:
- Open the Costing Basic Data window and click the
Part
Cost Group tab.
- In the Site list, select the site to connect to the part cost group.
- Create a new record.
- In the Part Cost Group ID field, enter up to five alphanumeric characters
for the group ID.
- In the Part Cost Group Description field, enter or edit the description.
- In the Mfg Cost Template ID field, select the manufacturing cost
template to connect to the cost set from the List of Values.
- In the Purch Cost Template ID field, select the purchasing cost template
to connect to the cost set.
- Save the changes.