to select, the project ID to which the inventory is assigned. After you enter the project ID or abbreviation, the project name automatically displays. The project name displays on the unlabeled field to the right.Use this screen to store inventory and accounting information against a specific project. The project must already exist in the Project Master table in the Projects folder.
This screen has two tabs:
Inventory/Material Planning — Use this tab to determine how the project inventory is grouped for planning purposes and whether or not issues between projects can be performed without a prior project transfer.
Costing Rules — Use this tab to define the costing method is used to calculate the value of inventory and how costs are rolled up between projects within the same top-level project. Inventory can be stored only if one inventory abbreviation is created for that project. Establish inventory abbreviations before processing inventory transactions for a specific project.
Average Actual Accounts — Use this tab to define account/organization information. This tab is used when average costing method is used.
Average Actual Variance Accounts - Breakdown — Use this tab to define breakdown account/org information, to be used when average costing method is used, and Inventory Settings/WIP Variance by Cost Elements (for Average Actual Costing) is selected. If Inventory Settings/WIP Variance by Cost Elements (for Average Actual Costing) is not selected, the fields in this tab are cleared and disabled.
Standard Cost Accounts — Use this tab to define contain account/org information, to be used when standard costing method is used. Separate account/org combinations can be specified for Asset, Project WIP Asset, and Expense inventory abbreviations.
Standard Cost Variance Accounts — Use this tab to define default breakdown account/org information, to be used when standard costing method is used. Separate account/org combinations can be specified for Asset and Project WIP Asset Variances.
Project Manufacturing — Use this tab to define whether the manufacturing order will be sent to Manufacturing Execution or Shop Floor Time.
Inventory can be stored only if one inventory abbreviation is created for that project. Establish inventory abbreviations before processing inventory transactions for a specific project.
Enter, or click to select, the project ID to which the inventory is assigned. After you enter the project ID or abbreviation, the project name automatically displays. The project name displays on the unlabeled field to the right.
Enter, or click to select, the project abbreviation to which the inventory is assigned.
This field displays the organization ID to which the inventory is assigned.
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Subtask |
Description |
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Inventory Abbreviations |
Click this button to open the Inventory Abbreviations subtask, to view and assign inventory abbreviations to this project, along with all relevant account and organization information. |