Item Cost Entry

This page allows you to fetch the costing method of the items either from inventory and Purchase Order / Sub contract order. Alternatively, the user can enter item cost if the consider item costs on is selected as ‘Manual entry’. For the purpose of manual entry, the user can set the basis for defaulting cost as either ‘Costing Method’ or ‘Last Purchase Price’. After defaulting either the Costing Method / last purchase price, the user can also increment / decrement costs.

Select the “Item Cost Entry” link at the bottom of the “Perform Rollup” page.

The “Item Cost Entry” page appears.

The system displays the following:

Status	The status of the request. It could be “Exploded”, “Exploded with Errors”, “Routing with Errors”, ”Routing complete”, “Rolled-up with errors”, “Rolled up” and blank.
Request ID	The number identifying the request of the current rollup session.
Valid From Date	The date from which the rolled up cost is valid from.
Item OU	The organization unit where the items are selected for the rollup.
Include Scrap Factors	The values showing whether the scrap factors are included.
Cost Type	It could be the values predefined in the “CSET” component.
Roll Up Option	The type of rollup option. It could be “Single Level” or “Multi Level”.

Enter the following field:

Process

Use the drop-down list box to select the type of process that you want to execute on the costs. You can select from “Explosion”, “Processing ”, “Rollup” and “All”. The system displays “All” by default on the launch of the page.

The system displays the following:

Consider Item Costs on	The type of costs item that is taken for consideration. It could be “Costing Method”, “Last Purchase Price” and “Manual Entry”.
Basis	The basis on which the rollup was done. It could be “Maximum ”, “Minimum ”, and “Average”.
Basis for Defaulting Cost	The basis for defaulting cost on which the rollup is done. If the value for consider item costs on stored for the request ID is “Manual Entry”, then the system displays “Costing Method” by default on the launch of the page. If the value for consider item costs stored for the request ID is not “Manual Entry”, then the system displays blank by default on launch of the page.

Enter the following field in the “Increase / Decrease Costs” group box:

Increase / Decrease Percentage

A number identifying the increase or decrease in the percentage of the costs (Integer).

The system displays the following in the “Item Details” group box:

Item Code	The code identifying the item.
Item Variant Code	The code identifying the item variant.
UOM Code	The code identifying the unit of measure of the item.
Cost Element	The code identifying the normal cost element associated to the stock account code.
Costing Method	The costing method on which you create the item cost.
Cost	A unique number identifying the unit cost.
Last Request Cost	The last saved request cost. Based on the item code – variant combination the value for the last request cost is displayed. If there are no values, the system will display blank.
Valid From Date	The date showing the valid date of the item cost. Based on the item code – variant combination the valid from date is displayed. If there are no values, the system will display blank.

Enter the following fields:

Entered Cost	A number identifying the entered cost for the item (Integer). If the consider item costs is selected as “Last Purchase Price”, then the system displays the entered cost column with the same values as the “Last Purchase Price” and “Consider Item Costs” accordingly. If the consider item costs is not selected as “Last Purchase Price”, the system displays the values selected in the “Basis for Defaulting Cost”.
Last Purchase Price	The last purchase price from Purchase / Sub contracting. Based on the item code – variant combination the value for the last purchase price is displayed. If there are no values, the system will display blank.
Valid Date	The date showing the valid date of the last purchase price.
Source	The source of the item. It could be “Purchased” or “Sub-contracted”
Item Variant Description	A textual description of the item variant.

Click on the “Get Item Cost” push button to get the item cost from item Administration / Purchase / subcontracting.

The system retrieves the item cost for purchased / subcontracted items and fills in the Costing Method and Last Purchase Price columns in the multiline.

Click on the “Create” push button to create the item cost if ‘Manual entry’ option is chosen.

The system creates and saves the item cost for the request ID.

Click on the “Perform Rollup” push button to perform the rollup of the costs.

The system saves all the details and performs the rollup of the costs.

The system displays the following:

Created By	The login ID of the user who created the rollup request.
Created Date	The date on which the request was created.

To proceed, carry out the following

Select the “View Exceptions” link at the bottom of the page to view the errors encountered during the process of rollup.
Select the “View Costs on Rollup” link at the bottom of the page to view the costs after rollup.
Select the “Additional Cost Burden” link at the bottom of the page to create additional cost burden on cost elements.
Select the “Attach Notes” link to attach any notes regarding the rollup.
Select the “Collaborate” link at the bottom of the page to record or to view the observations or comments or discussions regarding the document.