Items - Costing (ticpr0107m000)

	Items - Costing (ticpr0107m000) Use this session to list or maintain cost-related data for items. Note For a purchased item, the standard costs in this session are calculated based on the Price Priority levels in the Price Calculation Codes (ticpr1100m000) session. Performance aspects The settings in this session could affect system performance and database growth. For more information, refer to Cost component setup. Related topics Standard cost price Valuation prices Cost calculation methods Price calculation code Cost components in Manufacturing Calculation of cost/valuation prices for standard/customized/STO items Lower cost or market value Currency systems Multi currency aspects of cost price calculation Item data Item The item to which the costing data is applied. Surcharges by Item If this check box is selected, surcharges can be defined by item. Related topics Surcharges Surcharges by Warehouse If this check box is selected, surcharges can be defined by warehouse. Related topics Surcharges Combined Ownership Allowed If this check box is selected, the cost price for items with the customer furnished material check box selected will have the cost price holding the company part and the possibility to calculate the customer owned value. Related topics Customer furnished materials Material The aggregated cost component to which the item's total material costs are linked. Related topics Cost components in Manufacturing Operation The aggregated cost component to which the total operation costs for the item are linked. Related topics Cost components in Manufacturing Surcharge The aggregated cost component to which the total surcharges are linked. Related topics Cost components in Manufacturing Currency The currency that is used to express the cost price. The usage of this field depends on the currency system that is set in the Companies (tcemm1170m000) session. Dependent or Standard If your company's currency system is Dependent or Standard, you can enter any currency in this field to express the cost price. Independent If your company's currency system is Independent, you cannot change this field. However, you can select the local currency or one of the reporting currencies by clicking View Other Currencies. The default currency in this field is the reference currency that you defined in the Companies (tcemm1170m000) session. Single If your company's currency system is Single, you cannot change this field. The cost price currency is the local currency, which is displayed in this field. Include Landed Costs If this check box is selected, landed costs are included in the calculations. Landed Costs Set Select the landed costs set to be added to the item. Cost Price The item's standard cost price that consists of material costs, operation costs, and cost price surcharges. Material Costs The estimated material costs that consist of the total material costs and the total cost price surcharges that are required to purchase or produce the item. Operation Costs The estimated operation costs that consist of the total operation costs and the total cost price surcharges to purchase or produce the item. Last Calculation Date The last date the estimated cost-price of the item has been changed. Cost Component Chart The code to which detailed cost components are linked. You must enter a chart if you want to report detailed cost components for an item in the effective cost-component structure. You must define charts in the Cost Component Charts (ticpr0109m000) session. You must link detailed cost components to the chart in the Chart Details (ticpr0110m000) session. Related topics Cost components in Manufacturing Landed costs – overview Cost Price The total actual costs for the customized item. These costs include the: Material costs Operation costs Cost price surcharges Note The actual cost price is only calculated for customized items. Material Costs The real material costs for the customized item. These costs are, for example, purchase costs and warehouse costs (inventory transfers). The total material costs can also include cost price surcharges. Operation Costs The real operation costs for making the customized item, for example, direct and indirect production hours, costs of subcontracting operations, and actual cost-price surcharges. Last Calculation Date The last date the actual cost-price of the item has been changed. Cost Prices Starts the Standard Cost Price Details - Cost Type (ticpr3505m100) session. Effective Cost Component Structure Starts the Effective Cost Component Structure (ticpr3101m000) session, which you can use: To display the item's current effective cost component structure. To browse through the cost component structures of successive items. Calculate Cost Prices Calculates and actualizes the standard cost price and valuation price. Actualize Cost Comp Structure for Generic Item Actualizes the effective cost component structure of generic items with order system FAS.