to select the level at which the material accrues as inventory. The system-defined points are as follows:Use this screen to establish control parameters and default information and customize your use of Costpoint Inventory. Some of these defaults are also used as defaults in other modules in Materials.
Set up this screen when initializing Costpoint and before processing inventory transactions. Maintain it whenever you need to modify control parameters.
Select this check box if PO line charges are to be rolled up into inventory material cost. If you select this check box, all PO line charges will be rolled up and added to the unit cost of the part. To cost a line charge type separately, you must enter it as its own line item in the purchase order. If you clear this check box, only the net unit cost is used as the inventory material cost.
Select this check box to show all cost elements of the inventory cost on reports. A cost element refers to the breakdown of material cost, labor costs, subcontract costs, and miscellaneous costs as well as each of their applicable burdens. If you clear this check box, all charges are combined into one cost when printed.
This group box displays default costing and project cost roll-up information.
This field displays Average Actual.
Select the default method to account for project expenses when issues are posted. Projects with asset accounts roll up to all levels.
Select this option to have costs roll up to the highest project level. All costs are rolled up during issues.
Select this option to have purchased part costs roll up one project level only. This option has the costs of purchased materials and components rolled up during issues.
Select this option to have raw material costs remain within the project level in which they were originally expensed.
Use the selections in this group box to update units that are used in the inventory of projects.
Select this option to indicate that units usage history is not updated.
Select this option to update units usage history for all units issued to projects.
Select this option to have units updated for all projects that bill by unit.
This group box displays various options that pertain to Costpoint Inventory, including the approval threshold and password for adjustments. The options in this group box do not apply to inventory transfers.
Enter the dollar amount equal to or above the amount for which internal password approval is requested for quantity, scrap, and cost adjustments. If the dollar amount is zero, no approval is required.
Enter the password that is requested before a user can perform quantity, scrap, and cost adjustments in any of the applications under the Adjustments menu, when the transaction value is equal to or greater than the dollar approval amount specified. This field is required when the Approval Amount Threshold field displays a dollar approval amount greater than zero.
Use this group box to determine the control parameter defaults for allowing issues and adjustments between and among projects.
Select this option to prevent issues and adjustments outside of the from project.
Select this option to allow issues and adjustments within the same netting group.
Select this option to allow issues and adjustments within the same top-level project as the from project.
Select this option to allow issues and adjustments from one project to another.
Select this check box to allow issues and reservations to be made from one warehouse to another. If you clear this check box, issues and reservations are allowed only to and from the same warehouse.
Select this check box to automatically load the actual count with the pre-count when a physical count is performed. If you clear this check box, the pre-count is not automatically loaded into the actual count.
Select this check box to allow negative quantities for an inventory abbreviation or warehouse/location. This check box is available for standard cost projects only. All other cost methods do not allow negative quantities. If you clear this check box, negative inventory quantities are not allowed for any costing method, including standard cost projects.
This check box is currently unavailable.
Select this check box to enable warehouse level ABC classification for a given company. When this option is selected, parts can have different ABC classification codes for different warehouses. Cycle count frequencies and tolerances can also vary by warehouse.
Select this check box to allow issues (issues to PO only and not issues to PAO), and transfers between finished goods to raw materials and vice versa. If you clear this check box (default), issues and transfers will not be allowed.
Select this check box to allow inventory issues from On-Hold type locations. If you select this check box (default), transactions will be allowed but a warning will be displayed. If you clear this check box, a transaction error will occur.
Enter, or click to select the level at which the material accrues as inventory. The system-defined points are as follows:
Acceptance — Inventory accrues when received quantities are accepted.
Receipt — Inventory accrues when quantities have been received.
Enter the last transaction ID for cost adjustments. Costpoint increases the number of the last transaction ID by one.
To have transactions generate in correct numeric order, you must select a ceiling number not to exceed 10-digits. For example, if the highest number desired is 9999999999, enter zero as 0000000000; or if the highest number desired is IS-9999, and the last Transaction ID used was IS-124, that number should be entered as IS-0124.
The system assigned transaction ID always increments from the right and only if the right most character is numeric (not alphabetic). For example, IS794123 becomes IS794124; 94-01234 becomes 94-01235; and IS9999999A does not increment.