In this chapter, we will cover:
Updating item costs
Updating average costs for items
Updating detail costing
Processing kit components
Entering bills of material for kit items
Creating lot processing
Viewing lot availability
Reviewing lot quantities
Revising lot activity dates
Viewing a lot transaction
Reclassifying a lot
This chapter will get you acquainted with updating item costs, setting up kit items, and using lot processing. Cost information determines whether the system maintains one overall cost for the item, or a different cost per branch/plant. Lot processing enables you to manage and maintain information about groups of items. For example, you can have the system assign lot numbers to groups of perishable items based on receipt dates, in order to identify the items that you must sell first. You can view current information about each lot, such as the quantity of available items and the transactions that have affected...