Approve or Un-approve Actual Cost Rates

Explanation

This activity is used to either approve the actual cost rates for a period or un-approve the approved cost rates for a period. The actual cost values are used in Periodic Weight Average calculation to update the reported operations with actual cost rates for work centers and labor classes. If the actual cost rates should be a part of the Periodic Weight Average calculation it is required to have the period approved.

You can also un-approve the period if you want to change something for an approved period.

If there is a record with a deviation between the actual cost rate and the cost set 1 value that is higher than the Max Allowed Deviation, a warning message will appear, but still it is possible to approve the period.

Prerequisites

There must be records in one of the tabs.

System Effects

N/A

Window

Actual Manufacturing Cost Rates

Related Window Descriptions

Actual manufacturing cost rates

Procedure

Approve:

  1. Open Actual Manufacturing Cost Rates window.
  2. Search for Company, Site and Accounting Year/Period for which you want to approve the actual cost rates.
  3. Right-click anywhere in the header and the click Approve.

Un-approve:

  1. Open Actual Manufacturing Cost Rates window.
  2. Search for Company, Site and Accounting Year/Period for which you want to un-approve the actual cost rates.
  3. Right-click anywhere in the header and the click Un-approve.