Road Map: Inventory Valuation for Make Items
Use the Inventory Valuation for Make Items (IVLM) program to print a report that shows your choice of standard or extended material, labor, overhead, and outside service costs for items you make. See Background for more information.
Before you run this program each time
You should run these programs: None required
Before you run this program the first time
You should run these programs:
Item Cost Maintenance (ICM) to enter item costs.
Standard Cost Rollup (MCR) to update the standard cost of items and update the general ledger if you have inventory interfaced to the GL.
Branch Maintenance (TBM) to set up branches.
Branch Groups Maintenance (TGM) to set up branch groups.
Product Class Codes Maintenance (TPC) to set up product class codes.
Product Subclass Maintenance (TSP) to set up product subclasses.
Inventory Account Codes Maintenance (TAC) to set up inventory account codes.
Output Device Maintenance (XDM) to set up the output devices you plan to use.
Date-Output Device Maintenance (ZE) to select your default output device and set whether you can override that device.
After you run this program
You will most likely run these programs:
Inventory Cost Change History Inquiry (ICH) to display changes to an item’s actual and average cost based on purchase orders, manufacturing orders, and other types of transactions.
Multi-Level Cost Report (MIC) to print a cost report for parent items and for components on all levels of the bill of material below the parent item.
Single-Level Accumulated Cost Inquiry (MAI) to display material, labor, overhead, and outside service costs for a parent item and the components on the first level of its bill of material.