Contents of the Enter Scrap Adjustments Screen
Use the fields and options to configure the Enter Scrap Adjustments screen.
Identification
Field | Description |
---|---|
Warehouse |
Enter, or click
|
Scrap Adjustment ID |
If you select Scrap Adjustments and the Auto-Assign check box in the Transaction IDs subtask of the Manage Warehouses screen, leave the field blank and Costpoint assigns the next scrap ID. If Auto-Assign check box is selected and you manually assign a scrap ID in this field, the Last Inv Trans ID field in the Transaction IDs subtask of the Manage Warehouses screen will not be updated. If you use Auto-Assign, you can manually enter a scrap ID. The value in this field cannot begin with a space. |
Transaction Date |
This field displays the system date as the default
Transaction Date, but you can enter, or click
|
Material Handler |
Enter, or click
|
Default Inv Abbrev |
Enter, or click
|
Notes |
Enter free-form text to be associated with this adjustment. |
Approval
Field | Description |
---|---|
Approver |
If you have entered a dollar approval amount in the
Approval Amount Threshold field on the Configure Inventory Settings screen and the
Total Scrap Amount is equal to or greater than the dollar approval amount, you must enter, or click
|
Password |
If you have entered a dollar approval amount in the Approval Amount Threshold field on the Configure Inventory Settings screen, and the Total Scrap Amount field on this screen is equal to or greater than the approval amount, Costpoint will ask you to enter the approval password (that was assigned in the Local Approval Password field on the Configure Inventory Settings screen) to perform this transaction. You do not need to make an entry in this field to save the transaction, but the transaction will be flagged as unapproved when the Inventory Journal is posted. |
Scrap
Use the fields in this group box to select an inventory abbreviation, project/account/organization combination, or an account/organization to charge for this scrap adjustment.
Field | Description |
---|---|
Project |
If an inventory abbreviation is not displayed, enter, or click
|
Proj Abbrev |
This field displays the project abbreviation ID to be charged for this adjustment. |
Organization |
Enter, or click
For GFM parts, Costpoint uses the project’s owning organization for organization security validation, if organization security is enabled. |
Org Abbrev |
Enter, or click
|
Account |
If an inventory abbreviation is not displayed, enter, or click
|
Inv Abbrev |
Enter, or click
|
Total Scrap Amount |
The total amount of this scrap adjustment is displayed here. Costpoint calculates the total by multiplying the scrap quantity by the unit cost or the sum of the extended cost for all of the lines. You cannot modify this calculated field. This field is not displayed if Cost Suppression is in effect (the Suppress Cost check box of the Manage Users screen in Costpoint Administration). |
Reverse Transaction |
Click this button to reverse the selected transaction. The positive Scrap Quantity and associated Total Scrap Amount will be reversed. Reversing quantities cannot exceed the original transaction quantity. You can apply a reversal of transaction to both positive and/or negative adjustment quantities, and the effect of reversing a positive adjustment is similar to that of a negative adjustment. The original transaction costs will be used for the reversal. |
Table Window
Field | Description |
---|---|
Line |
The line number is automatically generated. |
Part |
Enter, or click
|
Rev |
The last revision assigned to the part ID selected is automatically displayed; however, you can enter, or click
|
Description |
This field displays the description for the part selected. |
U/M |
This field displays the inventory unit of measure for the part selected. |
From Inv Abbrev |
The default inventory abbreviation entered in the header is displayed but can be modified. You can click
|
Scrap Quantity |
Enter the scrap quantity to be adjusted. A positive scrap quantity adds to the inventory while a negative scrap quantity deducts from the inventory. |
From Location |
Enter, or click
|
Scrap Reason |
Enter, or click
|
Unit Cost |
The unit cost for this part is displayed which is the summation of the direct costs. If a negative issue quantity has been entered, you can modify direct costs and the unit cost is recomputed. If Cost Suppression is in effect (that is, the Cost check box is selected on the Manage Users screen), the unit cost does not display. |
Extended Cost |
The total of the scrap quantity multiplied by the unit cost is displayed. If Cost Suppression is in effect, the extended cost does not display. |
From Ref 1 |
Enter, or click
Note: The label
Ref 1 may display a different label if it has been changed on the Configure General Ledger Settings screen.
|
From Ref 2 |
Enter, or click
Note: The label
Ref 2 may display a different label if it has been changed on the Configure General Ledger Settings screen.
|
To Ref 1 |
Enter, or click
|
To Ref 2 |
Enter, or click
Note: If you have entered the value for the
Default Inv Abbrev field, the following direct cost fields are enabled. Otherwise, these fields are not available and cannot be modified.
|
Direct Material Cost |
This field displays the direct material unit cost. You can click
|
Direct Labor Cost |
This field displays the direct labor unit cost. You can click
|
Direct Subcontract Cost |
This field displays the direct subcontract unit cost. You can click
|
Direct Misc 1 Cost |
This field displays the direct miscellaneous 1 unit cost. You can click
|
Direct Misc 2 Cost |
This field displays the direct miscellaneous 2 unit cost. You can click
Note: The following fields are for viewing only and cannot be modified.
|
Burden Material Cost |
This field displays the burden material unit cost. |
Burden Labor Cost |
This field displays the burden labor unit cost. |
Burden Subcontract Cost |
This field displays the burden subcontract unit cost. |
Burden Misc 1 Cost |
This field displays the burden miscellaneous 1 unit cost. |
Burden Misc 2 Cost |
This field displays the burden miscellaneous 2 unit cost. |
Load Costs |
Click this button to load current cost data for the part and inventory abbreviation. |
Subtasks
Subtask | Description |
---|---|
Accounting Period | Click this link to open the Accounting Period subtask, to view the accounting period to which the transaction will be posted according to the transaction date. |
Serial/Lot Info | Click this link to open the Serial/Lot Info subtask, to record or view serial and lot number information for a selected transaction line. |