Defining Item Costs
Use Item Cost Maintenance (1.4.9) to enter cost information for purchased material directly into either the current or GL cost sets. Use Item-Site Cost Maintenance (1.4.18) if you have multiple sites. You can also enter material, labor, and burden costs for manufactured items if product structures or routings have not been entered.
You can use Item Master Maintenance to enter all data pertaining to an item, including cost, inventory, shipping, and item planning data.
Note: Other than overhead cost, you should not enter costs manually for manufactured items, only purchased items. If you do enter costs for manufactured items, you cannot use the roll-up functions to update these costs.
The site associated with an item in Item Master Maintenance (1.4.1) is considered the primary site. However, you can create different cost records for any site. Use the item-site programs to enter and maintain data for items at sites other than the primary site.
If you are using the Cost Management module, one site can be used as the source for GL costs of items held in inventory at multiple sites. This eliminates the need to set up duplicate GL cost records for the same items at all sites. When GL costs are updated at the source site, the system automatically updates costs at the linked sites. See
Cost Linking.