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    VishnuSurya Pinnamaraju
    How to update the Resource Cost in Manufacturing
    Topic posted July 28, 2019 by VishnuSurya PinnamarajuSilver Medal: 2,000+ Points, tagged Work Execution 
    21 Views, 6 Comments
    Title:
    How to update the Resource Cost in Manufacturing
    Summary:
    How to update the Resource Cost in Manufacturing
    Content:

    Hi,

    To give Resource Cost for the Resources which are defined in the Manufacturing Organization we have defined a Cost Scenario and given Resource Costs in that Cost Scenario and Published it. Now we want to update the Resource Cost of a particular Resource, can anyone please suggest what is the process for updating the Resource Cost.

    Please note that we already utilized this Resource in multiple work orders so this cost revision should not impact the old transactions.

    Regards,

    Vishnu.

    Comment

     

    • Sritama Sarkar

      Hi Vishnu,

        You need to create a new cost scenario with effective date as of which your resource cost is getting updated, enter new resource costs within that scenario and publish the scenario. This will ensure that your new resource costs are published (frozen) and available to cost accounting to cost your transactions.

    • VishnuSurya Pinnamaraju

      Hi Sritama,

      Thanks for your response. Is there any option to update the Resource Cost in the same cost scenario by giving the End Date to the previous Resource Cost.

      Regards,

      Vishnu.

      • Sritama Sarkar

        Hi Vishnu,

          No, once a scenario is published, you can't make any changes to it. When you publish the new resource rate, say as of 01-Aug-2019, using a new cost scenario, the previous resource rate will automatically get end dated as of 31-Jul-2019. User doesn't need to end date any cost manually.

         

        • VishnuSurya Pinnamaraju

          Hi Sritama,

          Thanks for your clear explanation. Is there any way for defaulting a Cost Scenario in Resource Rate Setup Page of MFG Module. If we can default a Cost Scenario then whenever user defines a new Resource then he can directly define the Resource Rate in the MFG Module itself instead of creating a new cost scenario in Cost Management Module.

          Regards,

          Vishnu.

          • Sritama Sarkar

            Good question, Vishnu! And yes, when you define resources, you do have the ability to create resource rate from manufacturing screen. While defining resource rates from manufacturing application, system will default the earliest unpublished scenario that exists for the cost org, to which the manufacturing org is associated with. However, note that you will still need to create a cost scenario in costing for the defaulting to work.

            • VishnuSurya Pinnamaraju

              Hi Sritama,

              Thanks for your clear Explanation, So in this case it would be better to define a Cost Scenario and give the Resource Rates under that Cost Scenario and Publish it. In case if any changes are required in Resource Rates then we can define a new cost scenario.

              Regards,

              Vishnu.