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Finance | Project Operations, Human Resources, ...
Answered

Do I need to set up one Costing Sheet for each item I manufacture?

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Posted on by 2,438

Hi All, 

After I clicked on the Estimate, I'm able to view the costing sheeting for this production order (screenshot 2).  Let say we make 100 items, do I need to set up 100 Costing Sheets or can I share the Costing Sheets?  How does the system know which costing sheet to link to which item for accurate costing? Thanks.

Estimate.png

Costing-Sheet.png

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  • Verified answer
    Michael Ebensteiner Profile Picture
    on at
    RE: Do I need to set up one Costing Sheet for each item I manufacture?

    Hi Kim -

    No, you don't need a costing sheet per item.  In fact, you can only have one costing sheet.  The connection between item/released products/resources and the costing sheet is the cost group.  The cost group can be found on the Manage costs fast tab of the released product.  You can set up as many cost groups as you need to properly group your items together.  The costing sheet is then organized by nodes, so you would set up as many nodes as you have cost groups to include them.

    Kind regards,

    Mike

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Do I need to set up one Costing Sheet for each item I manufacture?

    Good Morning Kim,

    I believe that your question has been answered.

    Can you quickly review what Michael mentioned and provide us some feedback if you need any other information?

    If this is not the case then please be so kind and verify the answer.

    Many thanks and best regards,

    Ludwig

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