Re: Inv transfer Question.

We are doing a TW, not selling.  The question is how do we account for the change in inventory value.....via rules in GL interface...and how do we clear the delta if different cost.
 
Thanks,
 
Jeff
 
> Date: Tue, 26 Apr 2011 11:52:48 -0400
> From: meyno-KD3fYNZuIC/[email protected]
> To: mapics-l-Zwy7GipZuJhWk0Htik3J/[email protected]
> Subject: Re: [MAPICS-L] Inv transfer Question.
> 
> Have you considered a price book, page 3P?
> 
> -----Original Message-----
> From: mapics-l-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]
> [mailto:mapics-l-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]] On Behalf Of Dale Gindlesperger
> Sent: Tuesday, April 26, 2011 11:49 AM
> To: MAPICS ERP System Discussion
> Subject: Re: [MAPICS-L] Inv transfer Question.
> 
> Hey Jeff, 
> 
> If you recall, we did that at FFT. You can have different costs in
> different 
> warehouses for the same items. I actually went the two sites way in
> EPDM so we 
> could have even better control. The parts in site 100, whse 1, was a 
> manufactured part, and in site 200, whse 2 the same part was a purchased
> part. 
> Worked very well.
> 
> Dale (Cork) Gindlesperger, CPIM 
> Click here for my professional profile
> 
> 
> 
> 
> 
> 
> ________________________________
> From: Jeff Snyder <[email protected]>
> To: mapics midrange <mapics-l-Zwy7GipZuJhWk0Htik3J/[email protected]>
> Sent: Tue, April 26, 2011 11:42:45 AM
> Subject: [MAPICS-L] Inv transfer Question.
> 
> 
> Hey Group,
> 
> I have an account that has 2 physical plants. They transfer some
> component 
> items from one to another. The issue is they would like to apply a
> different 
> cost to the component at the receiving facility to include the freight
> cost.
> We are discussing setting up 2 Sites (EPDM).
> 
> The question is we transfer the inventory from one to another, we do
> not sell 
> it. example: if the cost is 1.00 at the production location, Plant A
> and 1.25 
> at the receiving location, Plant B. (Std Cost).
> 
> When we transfer the component we can credit Plant A's inventory for
> 1.00 and 
> debit intransit for 1.00. (IW). What do we do when we receive at
> plant B? The 
> inventory will be received at 1.25 (RW).
> 
> We could debit the Inv account - plant B, and credit another intransit -
> in for 
> the 1.25. But how do we clear the delta at the end of the month
> between the 
> two intransit accounts? (.25)
> 
> I think we would need to clear these two accounts with a journal entry
> and the 
> delta hit an Inventory adjustment account. (add up IWs against RWs). 
> 
> 
> Any other thoughts?
> 
> Gathering info.
> 
> Thanks,
> 
> Jeff 
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