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Question

Calculate Costs on Configured Parts

  • May 9, 2022
  • 6 replies
  • 530 views

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Our entire business is set up as one inventory part set to Cost Per Configuration.  Over the years, we now have 50,000+ configurations IDs on that one inventory part.  How can I calculate and save standard cost?  I know I can do it one-by-one using Interim Orders or Shop Orders, but I need a systemic solution for all 50,000.  I’m looking for something similar to ‘All Parts Cost Calculation’.  Any help would be appreciated!

6 replies

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  • Sidekick (Partner)
  • November 9, 2022

Hi all, 

I am also interested for this thread.

 

 @SarahEk Did you have any feedback ?

Thanks.


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  • Sidekick (Partner)
  • March 28, 2023

Bump again, is there a solution for this?

In addition, if the settings are Standard cost as valuation and cost per configuration as inventory part cost level: How can we in retrospective see which were the actual costs of our configurable parts per configuration?


KristenGastaldo
Superhero
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Hi Both - I’ve sent this to a few employees to investigate. I’ll let you know if this needs to go to support or if I can find some insight.


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  • Author
  • Do Gooder (Customer)
  • April 3, 2023

I talked to numerous IFS employees and experts at IFS World back in October 2022 on this.  They agreed that IFS does not currently have a systemic solution for this.  We are currently in IFS10, but I don’t think Cloud has anything either best I can tell.  IFS experts proposed a plan to create a master list of interim orders for each configuration ID and to use those interim orders for annual cost rolls.  I have not tested this proposed solution yet.  I will post more here once I do.

 


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  • Author
  • Do Gooder (Customer)
  • April 3, 2023

First Employee:  Since we have historically run all our standard costs through shop orders, the only place I can see actual costs on our configurable parts per configuration is through Actual Cost Details on shop order costs.


  • Do Gooder (Partner)
  • July 14, 2026

I talked to numerous IFS employees and experts at IFS World back in October 2022 on this.  They agreed that IFS does not currently have a systemic solution for this.  We are currently in IFS10, but I don’t think Cloud has anything either best I can tell.  IFS experts proposed a plan to create a master list of interim orders for each configuration ID and to use those interim orders for annual cost rolls.  I have not tested this proposed solution yet.  I will post more here once I do.

 

Dear Sarah

We are facing similar challenges in one of our Projects.
Customer needs to get the cost of their configured parts in order to set the pricing with margin properly. 
We also are now trying to build this over interim orders however we are not sure how to get into the mode of masscreation since each characteristic value (or range of it) leads to the fact we need to get multiple interim orders.
Any feedback maybe in the meantime from your side?

thanks.