Copy Costs to Cost Set One

Explanation

This activity is used to copy costs to cost set 1. This mandatory task is to be performed by a system administrator or an equivalent person.

Cost set 1 is used as the standard cost set. You can copy costs from any cost set into cost set 1. If the IFS site is defined using standard costs, then cost set 1 can only be updated by performing this activity. Since costs of cost set 1 cannot be overwritten, the current costs are moved to a history table, where they can be viewed for historical purposes.

One of the most common mistakes you make when using IFS/Costing is that you forget to copy work center, labor, and/or subcontracting costs to a new cost set, which in this case is cost set 1. You can easily avoid this mistake by clicking Controls on the Copy Costs to Cost Set One dialog box and then selecting the Copy Work Center and Labor Class Costs check box and the Copy Subcontracting Costs check box.

Note: If you select the Copy Work Center and Labor Class Costs check box, all costs for work centers and labor classes in the site are copied from the selected cost set to cost set 1. Similarly if you select the Copy Subcontracting Costs check box, all subcontracting costs for outside operations are copied from the selected cost set to cost set 1. In order to copy the subcontracting costs, the cost of the subcontracted part needs to be entered in the Subcontracting Cost window.

There are several ways to quickly copy a part:

Note: Only costs connected to structure/routing alternative "*" are copied (due to the fact that the inventory valuation logic only handles "*"). When you copy part costs to cost set 1 (standard costs), the inventory is revalued, and new postings are created.

For supplier delivery overheads defined in the source cost set, in order to copy supplier delivery overhead into the destination cost set, it is required to have the Copy Supplier Delivery Overhead check box selected.

This activity can be performed in the Copy Costs to Cost Set One dialog box as well as Part Cost and Part Costs windows.

Prerequisites

This activity has the following prerequisites:

System Effects

As a result of this activity:

Window

Copy Costs to Cost Set One
Part Cost
Part Costs

Related Window Descriptions

Copy Costs to Cost Set One
Controls for Copy Costs to Cost Set One
Part Cost
Part Costs

Procedure

To perform this activity in the Copy Costs to Cost Set One dialog box:

  1. Open the Copy Costs to Cost Set One dialog box.
  2. To change the default site, click List in the Site field and select the site whose costs you wish to copy.
  3. In the Cost Set field, click List and select the cost set whose costs you wish to copy.
  4. To copy only parts that belong to a particular status, enter the part status in the Part Status field.
  5. To copy costs for a specific part, click List in the Part No field and select the part.
  6. To copy costs for a group of parts, click List in the Cost Group field and select the cost group.
  7. Click Controls. The Controls for Copy Costs to Cost Set One dialog box opens.
  8. Select the required check boxes based on the controls you need to enable and click OK.
     
  9. Click OK on the Copy Costs to Cost Set One dialog box.

 

To perform this activity from the Part Cost or Part Costs window:

  1. Open the Part Cost or Part Costs window.
  2. Query for the part and cost set whose costs you wish to copy.
  3. Right-click on the header and then click Copy Costs To Cost Set One. The Copy Costs to Cost Set One dialog box opens.
  4. Make sure that the relevant values for the particular part is available in the Part No, Site and Cost Set fields.
  5. Follow the steps 5 onwards listed above.