ACCT COST Update Parameters Control Maintenance Records

The following control maintenance records belong to the COST area within the ACCT (Accounting) category and are related to update parameters.

Should Credit Sales Order Update Avg/Last Cost

For each branch, indicate whether the system uses the cost of incoming material on a credit sales order to adjust the average cost of the item. More:

Should Inventory Adjustment Update Avg/Last Cost

For each branch, indicate whether an inventory adjustment entry causes the system to recalculate the LAST-COST and AVG-COST at the time purchase orders and transfers are received. More:

Update Landed Avg Cost Using Landed Cost

For each branch, indicate whether to update the landed average cost using the landed cost. More:

Options	Yes - Credit sales adjust the average cost for the item. No - Credit sales do not adjust the average cost for the item.
Outcome of setting this control record	Affects average cost of products in your system.
Default Value(s)	No
Action if set to Null	Same as if set to No.
Additional Information	For a credit order to act like a purchase order with regard to calculating the average cost, set the branch flag to Yes.

Options	Yes - The system recalculates the costs. No - The system does not recalculate the costs.
Outcome of setting this control record	Affects LAST-COST and AVG-COST at receiving.
Default Value(s)	No
Action if set to Null	Same as if set to No.
Additional Information	We recommend setting each branch to No, because errors affecting these costs should be corrected by revising the original transaction.

Options	Yes - Sets the default capitalization method to Freight Factor. No - Sets the default capitalization method to none.
Outcome of setting this control record	Affects landed average cost calculation.
Default Value(s)	No
Action if set to Null	Same as if set to No.
Additional Information	None