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Re: COGS and part setup

COGS is tracked on a FIFO model.  puts items you purchase into a queue
and then allocates them as you sell them.  This can be retroactive.

Most likely, you are selling a part before adding a vendor invoice to
it.  Once the vendor invoice is added, COGS should appear :-)

On 3/30/07, Charley Tiggs <..hidden..> wrote:

I have a question about cost of goods and setting up parts in LSMB.

Currently, I have ~6500 parts in LSMB and I'm using the cli interface to
add orders and invoices.  It's working like a champ and, aside from a
few glitches, we couldn't be more pleased.

One of those glitches is that, when we view the journal, cost of goods
is not always populated and I'm having a devil of a time tracking it
down.  So, when setting up a part, what is necessary in terms of making
sure cost of goods is populated?  I thought it was "Last Cost" but,
having filled that in with the appropriate cost, it still isn't
populating the journal on certain products.

Any ideas on where to begin looking would be much appreciated.


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