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This register contains information about products and services acquired, manufactured, or provided by the company.
It is the base for the whole control of environments of the materials fed by sales, acquisitions, productions, requests, and return of products.
Business companies probably have products for resale and consumption materials.
Industrial companies may have all types of products and materials used for production: finished products, intermediate products, raw material, consumption materials, etc., including labor or services added to manufacturing which must compose the final product cost.
Product definition is generic and comprises many concepts that may vary according to the company field and to the environment used.
Example:
Repair Shop Environment
Product => Parts
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Tip:
For items that are not stocked, products are created with the code equal to GENERIC, EXPENSES, MISCELLANEOUS, etc.
How does Labor have to be processed for cost control?
To enable calculation and apportionment of the cost of labor involved in the manufacturing of a product, the labor must be registered as a MOD-prefix product followed by the code of Cost Center that is already registered.
Example of Labor Product Code:
MOD10220, where:
MOD = prefix
10220 = cost center code
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Tip:
Other additional expenses involved in the manufacturing of a product and that must be apportioned by cost center in Accounting can be registered as MOD in order to enable apportionment (General Manufacturing Expenses - GGF).
If the company does not work with valuation of the labor through apportionment among cost centers, a fixed labor cost can be defined through Balances in Stock.
Main processes based on product register
Product register stores information that determines how the control must be made in production, stock, sale, purchase, cost calculation, etc.:
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Note:
This routine has the functionality Integration Protheus X RM from Store Control and Point of Sales.
See Also
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