Kitting - Additional Charges to Finished Goods
luaml
Member Posts: 27
Hi all,
My company is using Kit BOM and BOM Journal functionality to convert Raw Materials to Finished Good.
After posting the BOM Journal with Entry Type = Assembly, the Finished Good increased and the Cost of the Finished Good is equal to the total cost of the Raw Materials consumed.
However, in additional to the total cost of the Raw Material consumed, we would like to add in additional expenses such as Labor cost, Factory Expenses and other Overhead to the Finished Good produced. My question is how to add in all these additional expenses cost? Should I use Revaluation journal for this purposes? Is Revaluation Journal appropriate?
Thanks in advance
My company is using Kit BOM and BOM Journal functionality to convert Raw Materials to Finished Good.
After posting the BOM Journal with Entry Type = Assembly, the Finished Good increased and the Cost of the Finished Good is equal to the total cost of the Raw Materials consumed.
However, in additional to the total cost of the Raw Material consumed, we would like to add in additional expenses such as Labor cost, Factory Expenses and other Overhead to the Finished Good produced. My question is how to add in all these additional expenses cost? Should I use Revaluation journal for this purposes? Is Revaluation Journal appropriate?
Thanks in advance
0
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