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:

1. Open the Part Cost Group window.
2. 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. 
3. To view or modify an existing part cost group, query for the group.
4. In the Description field, enter or edit the description of the group.
5. In the Site field, select the site whose part costs you wish to define from the List of Values.
6. In the Mfg Template field, select the manufacturing cost template to connect to the part cost group from the List of Values.
7. In the Purch Template field, select the purchasing cost template to connect to the part cost group from the List of Values.
8. Save the changes.

From the Costing Basic Data/Part Cost Group window:

1. Open the Costing Basic Data window and click the Part Cost Group tab.
2. In the Site list, select the site to connect to the part cost group.
3. Create a new record.
4. In the Part Cost Group ID field, enter up to five alphanumeric characters for the group ID.
5. In the Part Cost Group Description field, enter or edit the description.
6. In the Mfg Cost Template ID field, select the manufacturing cost template to connect to the cost set from the List of Values.
7. In the Purch Cost Template ID field, select the purchasing cost template to connect to the cost set.
8. Save the changes.