成本管理模块EBSCST文档方案.ppt

* * * Calculating Material Costs Material costs are calculated using the following guidelines: OPM bases the calculation on prices for material receipts received through the Oracle Purchasing application. The cost of acquiring material (for example, freight costs) optionally can be included in cost calculations. An interface with Oracle Accounts Payable or a third-party accounts payable package obtains the invoice price derived by OPM. If the final invoice price (the amount actually paid for material, pegged to a receipt) exists during the same calendar period as the material receipt, OPM uses the invoice price to calculate the material costs. * * * * Raw Material Cost Calculation Methods OPMCM uses the following five methods to calculate raw material actual costs: The period moving average cost (PMAC): Calculates the weighted average cost for the period while including the previous period ending inventory balance at the prior period cost. The period weighted average cost (PWAC): The weighted average cost of the raw material received during the period, based on each receipt and the quantity received. The perpetual weighted average cost (PPAC), which is the average cost for the entered receipts and quantities within the defined boundaries of the cost calendar. The last transaction cost method (LSTT): Uses the last transaction within the costing period, regardless of whether the transaction is a receipt or an accounts payable invoice. The last invoice transaction cost (LSTI): Uses the last accounts payable invoice transaction within the costing period, even if there are later receipts with estimated prices. * ( Prior Period Inv Balance * Prev Period Cost)+ S (Trans Qty *Price) PMAC= Prev Period Inv Balance+ S (Trans Qty) Instructor Note The period moving average cost (PMAC) method calculates the average cost for the current period transactions while moving the previous period cost with the last period inventory balance and cost. This