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Work order planned cost calculation

  • Oct 15, 2021 4:53 PM UTC
  • 2 replies
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I was wondering how the planned cost on the work order budget tab is calculated?  I have a work order that shows planned costs yet there all PO and material recs are closed.

Thanks

 

 

Best answer by Thommy

In your example with Work Order Cost Type = ‘External’ the planned cost are calculated based on what you have planned to purchase via PO (No Parts or pure Purchase Parts).

This planned value will not change just because the PO’s are closed (=material etc are received).

The receiving of the material etc on the PO’s will update the  Actual Cost, but as said the planned value will stay (planned is planned and actual is actual outcome). So the cost are not transferred over in some way.

Hope that helps.

 

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2 replies

Thommy
Hero (Employee)
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  • Hero (Employee)
  • Answer
  • Oct 18, 2021 12:03 PM UTC

In your example with Work Order Cost Type = ‘External’ the planned cost are calculated based on what you have planned to purchase via PO (No Parts or pure Purchase Parts).

This planned value will not change just because the PO’s are closed (=material etc are received).

The receiving of the material etc on the PO’s will update the  Actual Cost, but as said the planned value will stay (planned is planned and actual is actual outcome). So the cost are not transferred over in some way.

Hope that helps.

 


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  • Author
  • Sidekick (Customer)
  • Oct 18, 2021 4:04 PM UTC

Perfect - Thanks