Define Cost Set Estimated Material Cost
Explanation
This activity is used to store the estimated material
cost sets for all the available cost sets. In the Cost Set Estimated
Material Cost field, enter the value.
Prerequisites
- Inventory parts must have been defined.
- The cost sets should be available. (If IFS
Costing is installed, when a site is created, cost sets are created
automatically)
System Effects
- The cost set estimated material cost information will
be stored against the cost set of the inventory part for use.
- The entered cost set estimated material cost will
be used as the estimated material cost for the cost set to which the cost
calculation is performed.
- Further the cost set estimated material cost will
be stored in part cost history when Copy Cost to Cost Set 1 action is
performed.