Enter Manufactured Inventory Part, Misc Part Info 

Explanation

This procedure is one of many you can use to complete the registration of a manufactured inventory part. It is focused on the registration of inventory counting, and control values. Depending on where the inventory part is used, you might need to specify some values, but not all.

Prerequisites

System Effects

Additional data for a manufactured inventory part will be entered.

Window

Inventory Part

Related Window Descriptions

Inventory Part
Inventory Part/Misc Part Info

Procedure

  1. Populate or query for the inventory part in question and click the Misc Part Info tab.
  2. From the Reserve When Order Entry list, click either Priority Reservations or Normal Reservation, which is the default value.
  3. From the Capability Check list, select the desired option.
  4. Under Control Value Group, select the appropriate check boxes.
  5. If the part will be counted cyclically, use the Cyclic Period field to specify the number of days between one automatic counting and the next. Be sure to select the Cyclic Counting check box as well.
  6. Under Cost Control, select appropriate values from the Inventory Valuation Method, Inventory Part Cost Level, Supplier Invoice Consideration and the Zero Cost lists.
  7. In the External Service Cost Method field, specify the correct external service costing method for the part. The field will display the default costing method specified for the site, but you can change this method if necessary, by selecting the appropriate value from the list.
  8. Select a part cost group from the List of Values. It is used to group the parts that are calculated in the same way.
  9. In the Max Periodic WA Update (%) (Maximum Periodic Weighted Average Percentage) field, enter the maximum percentage up to which the cost should be updated during a periodic weighted average calculation. The number in this field is used for calculations; any remaining difference (compared to the update given by the weighted average calculation) is saved for later updates. If this field is left blank, the cost will receive a 100% update. If the value in this field is entered for a configurable part, it will be valid for all the configurations of this part.
  10. Save your entry.