Specifying Components for Bills of Materials
After you set up a Kit stock item, you can add the components to the list that make up the kit (finished good) in the detail grid at the bottom of the window. The components are any Inventory or Non-Inventory items that you will use in the kit.
You cannot add lot numbered stock items as components of a kit, but you can assign lot numbers to completed kits.
Follow these steps to specify the components that make up this Kit:
1 For stock item components, select the Inventory option from the drop-down in the Detail Type column.
For components that are not stock items, type the description of the service or other Non-Inventory item in the Component field. Non-Inventory items you enter here are not related to non-inventory items in the Sales module.
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2 In the Component column, enter a stock number for the item that will be used to make the finished good, or select a stock number from the Lookup window.
3 Stock item descriptions will automatically appear in the Description column. You can change the description if necessary.
4 In the Quantity field, enter the quantity of this component required to make one finished Kit.
NOTE: You can use Non-Inventory detail types to include costs for items other than inventory items that go into the assembly. However, these Non-Inventory detail lines are not related to Sales Non-Inventory Codes. |
5 Select the Update Cost button to update the estimated cost with last cost information.
If you chose Valuation Method as the costing method for the kit, the cost will be determined when it is produced. For detailed information about the costing methods, see IN Set Up Kits window.
NOTE: The Inquiry and Requirements reports use the new estimated production cost (last cost). This way, you can use last cost for estimates, but use the inventory valuation method to determine the accurate cost of production. |
6 Select Save to save the Bill of Materials for this kit.
Published date: 12/21/2020