Re: COGS and part setup

["Chris Travers" <..hidden..>]

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:
> Howdy!
>
> 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.
>
> Charley
>
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