Inventory Tracking & Job Costing
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Company Settings
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Search By - A new Search By field has been added whereby a search may be performed on any selected Column (i.e., ID, Section, or Setting Name) to locate a specific Company Settings.
Confirm Negative Inventory - By default, the ConfirmNegativeInventory option is set to False ("F")
▪ | To turn off this Pop-Up Warning Message feature again, set the ConfirmNegativeInventory option to False ("F"). |
Implemented the new Average Inventory Cost table calculation: (a new Inventory Valuation methodology) for tracking the Value of Inventory Items within the General Ledger System.
▪ | If the AverageCostInventory option set to True ("T"), Inventory Valuation will be set based on the Average Cost paid for an Inventory Item versus whatever was the currently set Inventory Valuation method. |
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Inventory Tracking & Job Costing
Legacy Job Costing
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Inventory Options tab
User Options
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If Legacy Job Costing records exist within the MKMSdefault database, the following fields will be displayed in the Inventory Options tab of the User Options Form but may not be modified, otherwise, these fields will not be displayed at all.
▪ | Last Job No. - No longer Used - This was a Legacy Job Costing function where the next Job Number to be assigned could be specified by entering the Last Job Number that was used (or what you wanted to represent as that last number thereby identifying what the next number should be). |
▪ | Labor Rates: - No longer Used - This was a Legacy Job Costing function where the Labor Rates defined below would represent the Hourly Rate that is Invoiced to a Subscriber - with those Labor Rates being calculated based on the set of Technician Skills that would be required to complete a specific type of Job Task assignment. |
o | Standard Labor Rate - Represents the minimum labor rate that will be charged. |
o | Pro. Labor Rate #1 - Represents the minimum Professional level labor rate that will be charged. |
o | Pro. Labor Rate #2 - Represents the second level Professional level labor rate that will be charged. |
o | Pro. Labor Rate #3 - Represents the highest level Professional labor rate that will be charged. |
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Inventory Tracking & Job Costing
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Inventory Item
Inventory Valuation Methods
Sale-Purchase Item
Calculate Average Item Cost
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▪ | When entering a Sale, if an Inventory Item entry creates a Negative On Hand Quantity for the selected Inventory Item, a Negative Inventory Warning message will be displayed. |
▪ | Under Development - A new AP Taxable? Check box has been added to the Sale-Purchase Item Form |
If an Inventory Item is entered, and saved, and subsequently a User attempts to Remove this Inventory Item Check mark:
▪ | A Warning will be displayed. |
▪ | The ramifications of removing the Inventory Item Check mark are itemized within a new Warning dialog. |
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