Static Control F/M (MCF980)

This program allows the user of the FACTS system to create and maintain the company MC static control record. The MC static control record is critical to the proper functioning of the MC system. The record contains information which the MC system references in performing various functions.

CAUTION! It is strongly advised that a password be used for this program. Changes should be made only with extreme caution and under the supervision of your affiliate.

For more information how to use maintenances, refer to the following topics:

How to use file maintenance programs

Use the following fields to create the company MC static control record:

1. Use Bill of Materials

Enter Y or N to indicate whether the bill of material programs will be used. Enter (CR) initially defaults to Y. If N is entered, the bill of material programs are not available for use.

2. Use Formulation

Enter Y or N to indicate whether the formulation programs will be used. Enter (CR) initially defaults to Y. If N is entered, the formulation programs are not available for use.

3. Use EOP Reports

Enter Y or N to indicate whether the end-of-period programs will be used. Enter (CR) initially defaults to Y. If N is entered, the end-of-period reports are not available. However, the End-of-Period Update must be run.

4. Cost To Use

Enter whether to use S-standard, A-average, L-last or M-manual cost when making cost calculations in manufacturing. Enter (CR) initially defaults to S.

5. Serial/Lot Cost

You now have the ability to cost serial and lot items by the system cost (costing method for the module). The feature provides for GAAP compliance. Select from A-Averaged Actual or S-System Cost. The default setting for each Static Control F/M is A-Averaged Actual. The net result of selecting S-System Cost is that serial/lot items will be costed like non-serial/lot items.