Movement Types (MTS) - Costing
-
Specify this information:
- Manual Costs
- This only applies where the movement type is a
transfer. The issue is always costed as normal, taking the values
from either the item or the receipt to which the issue is being
allocated.
- Standard cost is always taken from the item, so the
receipt is costed in this way.
- If selected, the receipt is treated as a new and
separate transaction, taking costs from the indicated value label on
the movement order. This allows a transfer to revalue an item. Only
check this box if items can change in value during a transfer.
- If not selected, the receipt is costed as defined in the
Movement Cost
Transfer field.
- Movement Cost Transfer
- This field controls which costs are used to value
the receipt part of a transfer. If the movement is not a transfer
type, it is ignored. If the Manual Costs field is checked,
it is also ignored. Standard costing is unaffected by this flag.
- If the Movement Cost Transfer field is
checked, weighted average costs must be in use. Both the latest
actual costs and the weighted average costs on the receipt take the
weighted average cost of the issue, which is taken from the item.
This is also used to update the latest cost for the item and the
average cost for the item if analyzed costing is in use. This
ensures that the transfer has no effect on the overall value of
inventory using weighted average costing.
- If the Movement Cost Transfer field is
not checked, latest costing must be in use. The latest cost on the
transfer issue, which is taken from the original receipt, is used as
the latest cost on the transfer receipt. The weighted average cost
is recalculated from this and used to update both the receipt and
the item. This ensures that the transfer has no effect on the
overall value of the inventory using latest costing.
- Because the items are valued differently at their point of
final issue, in both cases, inventory values reach zero when all items are
issued.
- Latest Costs Earliest Stage
- The earliest movements stage to be used to
calculate the latest actual costs for inventory items.
- Weighted Average Costs Earliest Stage
- The earliest movements stage to be used to
calculate the weighted average costs for inventory items.
-
Save your changes.