Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

PO Receipts/QC Inspections

If a purchase order is received to a raw materials inventory abbreviation and if raw materials are to be burdened upon receipt, the inventory burden rates for that PO receipt are looked up using the raw material inventory abbreviation's account/organizations when the inventory average actual unit cost is recalculated (depending on the Inventory Recognition Point on the Configure Inventory Settings screen).

The appropriate burden rate is multiplied by the direct costs to determine the burden amount. The burden amounts for that receipt are used when recalculating the burden cost elements' average actual cost. If raw material is burdened on receipt, inventory projects with asset raw material inventory abbreviations should have a capitalized burden account/organization, which is assigned on the Manage Inventory Projects screen. Projects with finished goods expense inventory abbreviations or raw material expense inventory abbreviations should have an allocation clearing account/organization, which is also assigned on the Manage Inventory Projects screen. No inventory posting of burden dollars will be caused by a PO receipt or QC inspection.

If a PO receipt or QC inspection is modified so that the inventory quantity is reduced, the original transaction burden element cost is used when recalculating average actual costs. If the reversing adjustment would cause the average actual cost of a burden cost element to be negative, the cost element is set to zero instead.