Tag Archives: Cost

Setting Up Automatic Cost Types for Miscellaneous Receipts

New Stuff: Creating a Custom Sequence Number in Sage X3 Using a Function Figure 1 Figure 2 Figure 3 Figure 4 5. On the Miscellaneous Receipts screen, you may wish to hide the price and order price fields. They will NOT show the costing that will be used. Rather, they will remain blank, which can… Read More: Setting Up Automatic Cost Types for Miscellaneous Receipts »

Revised cost calculation in Sage X3

A revised standard cost is usually created in order to prepare for an upcoming new standard cost following the revaluation of a material, an hourly rate, etc. Revised standard costs for the same product and site are retained and can be viewed. A revised standard cost calculation can be associated with an accounting interface, which… Read More: Revised cost calculation in Sage X3 »

Budgeted cost calculation function in Sage X3

This function is used to calculate the budgeted cost of one or a range of products at a specified site. This function is typically used to prepare provisional costs for the following year. Costs are calculated from a set of user-defined parameters. A single product-site record has only one budget cost. You can prepare simulated… Read More: Budgeted cost calculation function in Sage X3 »

Calculate expected subcontract cost in Sage X3

This function can be launched on a single sub-contracting order or on a selection of sub-contracting orders (EO), using the filters. It is used to calculate the various costs corresponding to the various stages of the sub-contracting order in order to analyze the variances and the valuation choices in the production reporting. A single subcontracting… Read More: Calculate expected subcontract cost in Sage X3 »

How to set the Price by default Standard cost?

Sage X3 has an interesting feature where you can set the product price by default standard cost of the product. New Stuff: Restrict to create the direct supplier return. Navigate: Setup>General parameters>Parameter values. Set the parameter “PURPRICE”=Yes. Now when you create the Purchase order and if the purchase price of a product is not defined then… Read More: How to set the Price by default Standard cost? »

Cost Transfer in Sage X3

Sage X3 has come up with the interesting feature of Product Cost Transfer. The standard Cost Transfer (COPYCOUT) function under the costing module can be used to transfer the product cost. Cost Transfer: Costing > Miscellaneous Processes > Cost Transfer (COPYCOUT). Below is the standard screen of cost transfer: This function is used to transfer… Read More: Cost Transfer in Sage X3 »