This function is used to view the work order (WO) valuation situation and to compare the actual costs with respect to those that were planned at the time of release.

Prerequisite

See also Refer to documentation Implementation

Screen management

This function is made up of 8 tabs. The first two present a global view of the production cost for the works order. The other tabs are used to analyze in greater detail each cost category.

Header

This tab presents the general information for the Works order (WO) :

Bullet point The site

Bullet point The WO number

Bullet point The tracking type (WO, product or miscellaneous)

Bullet point The adjustment pro rata

Bullet point The quantities (Planned, Actual, Rejects and remaining)

Bullet point The dates (Start, End, First tracking and last tracking)

It should be noted that all the tracking types load the WIPCOST and MFGWIP tables. In this latter, for the production tracking by WO, there will be a record by order. In the case of miscellaneous type tracking, there will be a record by work center and by period. Finally, for the product type tracking, there will be a record by routing and by period for the operations and a record by period for the material tracking.

Tab Accumulations

This tab displays all the accumulations for each cost type :

Bullet point Material

Bullet point Labor

Bullet point Machine

Bullet point Subcontracting

Bullet point Overheads

Bullet point Totals

Bullet pointBalance : this line is entered when the WO is closed.

"Actual cost" column

The "Actual cost" column displays what has been consumed for each cost type. The material costs are obtained by adding the actual value of the issue movement transactions. For the Subcontract cost, it is based on what has been invoiced and for the Labor and Machine, it is based on what has been calculated from the valuation dimensions.

"Standard cost" column

The "Standard cost" column displays the detail of what has been entered to stock. This receipt to stock can be carried out at standard price, revised standard price or order price (provisional standard cost or provisional release cost) according to the valuation method. All these costs are detailed by material, labor, machine..... and this detail is then stored in the production reporting records in the WIPCOST table. Therefore in the "Standard cost" column the sum of all these movements can be found.

"Rejects" column

Once the production cost calculation is carried out, the value of the rejects that have been declared is displayed in this column.

The calculation of the cost of the rejects declared for an operation is based on the cost of the operation and the components that are attached to it.

For example:

Data for the example

Operations

No.

Unit

Qty

Rej Q

Amount

5

One

20

1

400

10

Kg

3

0,5

300

 

Components

Name

Oper

Qty

Amount

A1

0

3

150

A2

5

4

250

Intermediate grid

Oper no.

%reject

Amount

Amnt A1

Amnt A2

5

5%

400,00 €

75 €

250,00 €

10

16,6%

300,00 €

75 €

 - €

The amount for component A1, which is not attached to an operation, is distributed across all of them.

Oper no.

Oper rej amnt

Reject A1

Reject A2

Total

5

20,00 €

3,75 €

12,50 €

36,25 €

10

113,33 €

24,38 €

39,58 €

177,29 €

The operation reject amount for operation 5 is 20: 5% * 400

The operation reject amount for operation 10 is 136: 16,6% * (400 + 300 - 20)

The A1 reject amount on operation 5 is 3.75: 5% * 75

The A1 reject amount on operation 10 is 24.38: 16,6% * (75+75 - 3,75)

The A2 reject amount on operation 5 is 12.5: 5% * 250

The A2 reject amount on operation 10 is 39.58: 16,6 * (250 - 12,5)

"Variance" column

The differences found between planned and actual are found in the "Variance" column.

Tab Totals (acctg)

The Totals (acctg) tab contains the same lines and columns as the Accumulations tab. It presents the values that have been transferred to accounting for each cost type.

Tab Products

This tab presents the costs that have been declared in production. There is a line for each released product (that has been the object of a tracking record). For each of these there is:

Bullet pointThe completed quantity

Bullet point The actual amount as well as that transferred to accounting

Bullet point The actual overheads as well as those transferred to accounting

Bullet point The adjustment value

A right click on the line provides access to the "Product cost detail". This screen presents similar information but by detailing each tracking report. From this there is the possibility to zoom to the original tracking record or the accounting document that has been generated.

Tab Materials

This tab displays the costs from the material tracking. There is a line by component (that has been the object of a tracking record). For each of these there is:

Bullet pointThe completed quantity

Bullet point The actual amount as well as that transferred to accounting

Bullet point The actual overheads as well as those transferred to accounting

A right click on the line provides access to the "Material cost detail". This screen presents similar information but by detailing each tracking report. From this there is the possibility to zoom to the original tracking record or the accounting document that has been generated.

Tab Labor

This tab presents the costs for the labor reporting. There is a line by operation (that has been the object of a tracking record). For each of them there is:

Bullet pointThe completed quantity

Bullet point The actual set-up and operation times

Bullet point The actual amount as well as that transferred to accounting

Bullet point The actual overheads as well as those transferred to accounting

Aright click on the line provides access to the "Labor cost detail". This screen presents similar information but by detailing each tracking report. From this there is the possibility to zoom to the original tracking record or the accounting document that has been generated.

Tab Machine

This tab presents the machine tracking costs. There is a line by operation (that has been the object of a tracking record). For each of them there is:

Bullet pointThe completed quantity

Bullet point The actual set-up and operation times

Bullet point The actual amount as well as that transferred to accounting

Bullet point The actual overheads as well as those transferred to accounting

A right click on the line there provides access to the "Machine cost detail". This screen presents similar information but by detailing each tracking report. From this there is the possibility to zoom to the original tracking record or the accounting document that has been generated.

Tab Subcontract

This tab presents the subcontract tracking costs. There is a line by operation (that has been the object of a tracking record). For each of them there is:

Bullet point The actual quantity and the reject quantity

Bullet point The actual set-up and operation times

Bullet point The actual amount as well as that transferred to accounting

Bullet point The actual overhead costs

A right click on the line provides access to the "Subcontract costs". This screen presents similar information but by detailing each tracking report. From this there is the possibility to zoom to the original tracking record or the accounting document that has been generated.

Tab Overhead Cost

This tab displays a summary of the overhead costs by nature. For each of theses there will be:

Bullet point The material costs

Bullet point The labor costs

Bullet point The machine costs

Bullet point The subcontract costs

Error messages

The only error messages are the generic ones.

Tables used

See also Refer to documentation Implementation