Entering Item Costs
1 In Item Cost Maintenance, Item-Site Cost Maintenance, or Item Master Maintenance, enter the item number and move through the screens until you reach the Current Cost Data frame.
It is recommended that you initially enter costs in the current cost set so that the GL is not affected. If you change the GL cost set and have inventory on hand, inventory is revalued in the GL.
2 Enter purchased material costs in the this-level field of the current cost set.
3 Enter the overhead cost, if any, for the item.
Overhead can be assigned to cover the expense of purchase operations, which can then be recovered as fixed overhead on all purchased items based on a percentage of their cost.
Overhead cost can be maintained manually for each item, or by assigning it as a percentage of other cost categories using Item Overhead Cost Update (1.4.21). See
Updating Burden and Overhead Costs.