Including purchase burden in your cost estimates

Are your purchase burdens being applied when calculating your cost estimates on quotes masters, engineering masters and work orders?

Not sure?

First things first…my accounting hat please.

Including purchase burden in your cost estimatesIn PART MAINTENANCE under the “Costing” tab, you’ll find the option to apply a Purchase Burden for a part.  This particular burden allows you to account for outside costs relating to handling the part.  It can be entered as a percentage of the material cost OR as dollar amount per unit.

 

Part Maintenance - Purchase Burden

If you’re not using purchase burdens, then you can move on to more pressing things http://t.co/yMigkLTW

But if you are using purchase burden, then you may want to verify whether it should be used when calculating your cost estimates in your quote masters, eng masters and work orders.

You can have VISUAL use this burden (or not) by flicking the switch in the PREFERENCES under the OPTIONS menu of the MATERIAL CARD.

Part Maintenance - Purchase Burden

This setting is USER SPECIFIC, so if you decide as a company that purchase burden should be applied (or vice versa) – you need to ensure that every user has the proper setting in place.

In the VISUAL.ini file:

[Visual Mfg]
IncludePurcBur={Y or N}

Or, if using the Preferences Maintenance module:

Part Maintenance - Purchase Burden

If you do decide to change this setting, be sure to “Reset Material Requirement Costs…” (Part Maintenance) to update your existing Quote Masters, Engineering Master, and Work Orders (where needed) so that they reflect this new cost setting.

Reset Material Costs

 

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