Inventory Costing for Multiple Units of Measure

Last post 05-30-2008 11:25 AM by Edd. 3 replies.
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  • 03-27-2008 4:30 PM

    • Jason
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    • Joined on 02-18-2008
    • Posts 1

    Inventory Costing for Multiple Units of Measure

    Does anyone know if this can be done in GP?

     As an example, I sell products by the piece, but they get manufactered by a unit of volume of the piece (Ft3).

     Thanks,

     

    Jason

  • 03-28-2008 6:27 AM In reply to

    • DanS
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    • Joined on 03-11-2008
    • Posts 1

    Re: Inventory Costing for Multiple Units of Measure

    While I am not completely certain of this it should be straightforward.  Set up your inventory item with the FT3 default unit/stocking UofM and have the UofM schedule equate 3 FT = 1 FT3.  Produce your item in FT3 and I think it should work.

  • 03-28-2008 6:55 AM In reply to

    Re: Inventory Costing for Multiple Units of Measure

    Yes, this certainly is possible, just as the previous poster has indicated.  We have a client doing just this, manufacturing at one unit of measure and then selling at a smaller unit of measure.  GP supports this, so long as FT3 = qty 3 of FT.

    Only note: be careful on custom reporting.  You'll always want to be sure of your calculations, and factor in the Qty in base unit of measure column (QTYBSUOM, I think).   Multiply that times the QTY field to get the base units being sold.  In your case, the base units could be EITHER FT or FT3.  I would recommend FT, because if you use FT3 then then you're going to run into rounding issues on qty conversions, since you'll always be multiplying by .33333.

     

    Ron Draganowski
    Senior Solution Developer
    Olsen Thielen Technologies, Inc.
    rdrag@ottechnologies.com
    www.ottechnologies.com

     

    Find me on LinkedIn: http://www.linkedin.com/in/rondraganowski

     

  • 05-30-2008 11:25 AM In reply to

    • Edd
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    • Joined on 05-30-2008
    • Posts 1

    Re: Inventory Costing for Multiple Units of Measure

    You might need to set-up a Unit-of-Measure schedule for each item, to relate the volume in cubic feet to the piece.  Use cubic-feet unit as the base, but select "each" (or piece, unit, package, whatever you use) as the "Default Selling U-of-M".Be cautious when creating the "Unit of Measure" schedules, as the set-up screen is frustratingly counter-intuitive.

    Most people learned math using equations structured as such:  "A x B = C"  So would read the input screen as "eggs times twelve equals dozen".  For unknown reasons, the screen is set-up as "dozen = twelve times eggs" - or "eggs equals .08333 times dozen".  It is not made clear from the input screen; the explanation is two levels down in the "help" menu.

     

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