Cost Conversion Factor
BOM Module – Accounting Tab
1) Add Unit of Measure (text reference) of Cost and BOM Units of Measure
2) Add Cost Conversion Factor – (Purchase Units are multiplied by this constant to convert the Cost Units to BOM Units)
3) Enter the Material Cost in Cost Units i.e. If you purchase a single box of 100 – purchase unit Box and the BOM Units are each. You’d have a conversion factor of 100 and the Materials Cost would be for 1 box.
4) Update Vendor Part Data as needed for Purchase Price Breaks
5) Internal aspects such as MRP Detail, Planned Orders and show the BOM Unit of Measure
6) Purchasing Module – PO, Schedule and Transactions are in Purchase/Cost Units/Quantities.
7) Add a PO
8) Perform Receipt in Purchase Units – quantities will be will be converted to their BOM units at this point
CCF 10 on this one (Pack to Each) 1 Purchased 10 in stock
CCF 126 on this one LB to FT. PO Line had a quantity of 1
