Re-Cost

In Workcube, cost calculations can be made according to weighted average and first-in, first-out (FIFO) methods. The cost method is an information that can be changed periodically, the inventory method is selected for the relevant year while adding the accounting period. This method is valid for all periods of the relevant company.

Dashboard > System > Maintenance > Re-Cost

If this information is changed in the middle of the period, the cost operations for the whole year should be run again from the period maintenance operations. Otherwise, profitability and inventory reports will give incorrect results. After the inventory method is selected in the accounting period, cost transactions are carried out differently for the two methods;

Weighted average

The weighted average cost calculation can be run instantly at the end of the period if desired. If the “Perform Cost Transaction” option in the company flow parameters is selected as yes, the cost function will be run after all the transactions in which the option to make a cost in the transaction type is selected and the cost is recorded instantly.

Instant cost recording is not a very accurate method in terms of performance and consistency. Cost transactions will have to be run again at the end of the period, as the weighted average calculation will be broken when it is done like retrospective transactions in the system. In addition, making calculations at the end of each transaction is not correct in terms of the performance of the system.

In any case, whether the instant cost works or not, the cost operation from the period maintenance operations should be run again at the end of the period. There are two separate pages for the weighted average and first-in, first-out methods in period maintenance operations. Only accounting periods for which the relevant inventory method is selected in detail can be selected on each page.

First In First Out (FİFO)

In Workcube, cost calculation according to the fifo method is performed with a function added to the period maintenance operations at the end of the period. At the end of each period, the remaining inventory and cost value are found by closing the transactions.

In this method, only closing transactions are shown because no cost recording is made. On the pages where the cost should be shown, the cost is calculated based on the relevant closing processes.

The options on the page work as follows;

Source Period: Filtre olarak kullanılır.  Sadece seçilen döneme ait belgelerden maliyet çalıştırır. Filtrede sadece detayında envanter yöntemi olarak ağırlıklı ortalama seçili olan muhasebe dönemleri gelir.

Start – End Date: Used as a filter. Run costs based on documents in the selected date range.

Product: Used as a filter. It runs costs only from the documents of the selected product.

Document No: Used as a filter. It runs cost only from the document of the entered number.

Also Update Generated Documents: Re-runs the costs of the documents whose cost record has been created. It is recommended to be selected. Companies that do cost accounting should definitely choose it.

Update Fixed Asset Receipts: It is for companies that track Subscription - Fixed Asset. It is recommended to choose for these companies. If they do not choose accounting, cost differences occur.

Only Update Costs in the Selected Date Range: If not selected, the costs of the products in the cost-run document and the next cost records in the relevant date range are also updated. It is recommended to be selected. It comes based on the "Let Date Controlled Cost Run" XML.

Delete Manually Entered Costs on Deletion: It allows deleting the costs entered from the cost detail of the product or imported from excel. It only deletes manual costs in the selected date range. It comes based on the "Delete All Costs on Deletion" XML.

Auto Switch: In the report start steps, it makes the transition to the next step automatically. The user does not have to press the continue button at every step.

Report Start Steps

1. Deletion: Deletes costs. Normally, deletion only deletes undocumented costs. If "Delete All Costs" XML is selected as yes in the deletion process, all costs are deleted except manual costs. Even if "Delete Manually Entered Costs" is selected in the deletion process, manual costs are also selected. If all costs are cleared and the cost is run, the costs run in less time.
   
   
2. Creating from Documents: It finds documents according to selected filters and re-costs from these documents.
   
   
3. Creating From Production: Deletes the production costs between the selected dates and updates the costs arising from the relevant production results by date. It comes based on the "Generate Production Costs" XML.
   a) When any change is made in the cost of the semi-finished product or raw material consumed in the production of product X
   b) When the amount of raw material used is changed
   In order to update the production costs of the produced product again, the report start step "Creating From Production" is selected.
   
   
4. Create Cumulative Cost: Creates a single cost record for the selected date range. It comes based on the "Generate Cumulated Cost" XML.
   
   
5. Update Sales Invoices and Sales Delivery Notes: Writes the costs on the invoice and delivery note basket lines, it has no effect on the cost. It is used depending on additional options in reporting. Companies that will carry out cost accounting transactions should definitely run this step. It comes depending on the "Update Invoices and Delivery Notes" XML.

As the cost transaction runs, it brings the relevant documents and transactions to the screen. The system creates a list of problematic documents and products that have no cost or cannot be recorded. You can review this txt file later by selecting the date under Dashboard > System > Maintenance > Cost(txt), and if necessary, you can run cost again after editing the relevant document or parametric definitions.

If there are products with incomplete or faulty cost calculations, the definitions should be checked first. You can control your parameters via the Cost Parametric Definitions document.

Important: If the pop-up blocker is turned on in the internet browser of the user, the cost process will not work because the cost page will not be opened. The blocker must be turned off or permission must be granted for Workcube. This item is valid when the cost is run instantly, if it is run from the end of period transactions, this will not be a problem.

Re-running costs is a system-tiring process. In order not to affect other users, it is recommended to run the costs out of working hours or when users are using the system less. In addition, transactions that affect retrospective inventories should not be made while performing this transaction.