The REALLY sad thought it that Vantage is far stronger in Actually
costing that Standard costing.
Innovative Office Products, Inc.
Frank Zeigafuse
General Manager
610-559-6369
fzeigafuse@...
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Rough Brothers
Sent: Friday, March 17, 2006 4:36 PM
To: vantage@yahoogroups.com
Subject: RE: 1681945MPS RE: [Vantage] Inventory Average-Cost
Preach on!!!! 6.1 user here ...
We are also looking into using average costing .... WOW!!! what an
education I have received over the past 2 weeks regarding just how FAR
OFF Vantage is on this subject ....
Users want an average costing system that actually averages ... come
on ...
Now throw on top of the issues of just straight average costing ...
LANDED COSTS ... the ability to add costs such as crateing, incoming
freight, energy surcharges, and the dreaded steel surcharges ... you
know real life kind of stuff that you would want to be included in your
average. DENIED .... TAKE THAT WEAK ---- HOME (since it is March
Madness).
I have been discussing this with Vantage for 2 weeks ... finally I
walked someone thru it just last night from Vantage ... result ... Issue
submitted to Development.
Try testing LANDED COST ... it's fun wasting your time trying to
figure how the system can take 2 + 2 and get average of 2.8420.
How do you explain that to the New Vantage Users you are training and
wanting to get buy in from .... "NEW MATH".
Ben Belzer <bbelzer@...> wrote:
I have 8.0 installed as I am testing it.
I tried the same scenario on 8.0, and here is the result.
On Hand 100pcs at avg of $1.00
PO for 100 pcs at $2.00 ea.
Received 1,000,000 at $2.00 ea.
Avg on hand is now $1.99999
Deleted the receipt, avg. fell to .99999 (Good. Tells me 8.0 doesn't
have the same issue)
Received 100, to correct the mistake, and on hand avg. now 1.49999
I can't believe Epicor won't fix something so crucial in 6.1. So what
if they are releasing 8.0. How many customers do they still have on
6.1? Most, I am sure. Rediculous.
Thoughts?
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Bruce Butler
Sent: Thursday, March 16, 2006 7:53 AM
To: Wayne Crowell; vantage.res@...; vantage@yahoogroups.com
Cc: John Frie
Subject: 1681945MPS RE: [Vantage] Inventory Average-Cost
I tested, and it is even worst than expected.
Test;
1. Pur & Recv 100 pcs @ $1 against PO 50220 line 1
2. Pur 100 pcs @ $2 against PO 50220 line 2
3. Rec 1000 against PO 50220 line 2
4. Fix receipt to 100
Result;
1. After first receipt avg cost = $1
2. After second receipt Avg cost = $1.90
3. After fix & receipt Avg cost = $1.95
The cost should have been $1.5. As you can see after the fix it
re-averaged the higher value again with the previous wrong average.
Support told me this is an old issue that has not been taken care of,
and that it will most likely not get taken care of as all energies are
focused on the 8.0 release. I have requested this be tested in 8.0, and
am waiting for a response.
Finally, we setup a lot of POs for $0 until a vendor can get us a cost.
9.99 / 10 we have the order on hold to stop the receipt. However, some
of these still get by. This will weight the average in the other
direction.
Bruce Butler
IT Manager
Knappe & Koester, Inc.
_____
From: Wayne Crowell
Sent: Thursday, March 16, 2006 9:50 AM
To: Bruce Butler
Subject: RE: [Vantage] Inventory Average-Cost
Bruce,
This sounds like a software glitch. If the receipt is deleted it should
remove all related numbers so average cost should not be affected. What
does Epicor say?
Wayne Crowell
Knappe & Koester Inc.
_____
From: Bruce Butler
Sent: Thursday, March 16, 2006 9:32 AM
To: Wayne Crowell
Subject: FW: [Vantage] Inventory Average-Cost
Importance: High
This could be a problem.
Bruce Butler
IT Manager
Knappe & Koester, Inc.
_____
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Geary, Stephanie
Sent: Wednesday, March 15, 2006 2:22 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Inventory Average-Cost
Can't Delete a receiver... When we have errors on the receiver I just
have to fix the average cost.
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]On Behalf
Of Ben Belzer
Sent: Wednesday, March 15, 2006 2:08 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Inventory Average-Cost
I have uncovered something potentially very dangerous. The average cost
can be way off if you delete a receipt.
Steps to reproduce:
Had 100 pieces @ 1.00 on hand.
Placed PO for 1000 pcs at $2.00.
Received 1,000,000 pcs on accident sending the average cost to 1.999
Deleted the receipt bringing on-hand qty back to 100 yet the average is
still 1.999.
Can someone shed light on this? It could mean that average costing is
not the way to go...
Thanks,
Ben
Ben Belzer
IT Manager
TCI Precision Metals
800.234.5613.W
310.323.1255.F
bbelzer@... <mailto:bbelzer@...>
www.tciprecision.com <http://www.tciprecision.com/>
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
<http://groups.yahoo.com/group/vantage/files/>
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Links
______________________________________________________________________
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______________________________________________________________________
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(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
<http://groups.yahoo.com/group/vantage/files/>
(2) To search through old msg's goto:
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ring+software&w2=Membership+database+software&w3=Database+mortgage+softw
are&w4=Pda+database+software&w5=Database+management+software&w6=Database
+marketing+software&c=6&s=188&.sig=OG5F3819UOUOg63i0bu6kA>
Membership database software
<http://groups.yahoo.com/gads?t=ms&k=Membership+database+software&w1=Man
ufacturing+software&w2=Membership+database+software&w3=Database+mortgage
+software&w4=Pda+database+software&w5=Database+management+software&w6=Da
tabase+marketing+software&c=6&s=188&.sig=N5BGdur84p-jyuOomcQdbQ>
Database mortgage software
<http://groups.yahoo.com/gads?t=ms&k=Database+mortgage+software&w1=Manuf
acturing+software&w2=Membership+database+software&w3=Database+mortgage+s
oftware&w4=Pda+database+software&w5=Database+management+software&w6=Data
base+marketing+software&c=6&s=188&.sig=8rvcSQnCqJhTCZu-0Si39A>
Pda database software
<http://groups.yahoo.com/gads?t=ms&k=Pda+database+software&w1=Manufactur
ing+software&w2=Membership+database+software&w3=Database+mortgage+softwa
re&w4=Pda+database+software&w5=Database+management+software&w6=Database+
marketing+software&c=6&s=188&.sig=u3KQrTRPAQfsWIT39aHDkg>
Database management software
<http://groups.yahoo.com/gads?t=ms&k=Database+management+software&w1=Man
ufacturing+software&w2=Membership+database+software&w3=Database+mortgage
+software&w4=Pda+database+software&w5=Database+management+software&w6=Da
tabase+marketing+software&c=6&s=188&.sig=R3CF3ODPY4gwjDZjykQYvw>
Database marketing software
<http://groups.yahoo.com/gads?t=ms&k=Database+marketing+software&w1=Manu
facturing+software&w2=Membership+database+software&w3=Database+mortgage+
software&w4=Pda+database+software&w5=Database+management+software&w6=Dat
abase+marketing+software&c=6&s=188&.sig=lmBkRUiBtvHI1u5dkymDcw>
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_____
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
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Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
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Manufacturing software Membership database software Database
mortgage software Pda database software Database management
software Database marketing software
---------------------------------
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---------------------------------
Yahoo! Travel
Find great deals to the top 10 hottest destinations!
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
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(3) To view links to Vendors that provide Vantage services goto:
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Yahoo! Groups Links
costing that Standard costing.
Innovative Office Products, Inc.
Frank Zeigafuse
General Manager
610-559-6369
fzeigafuse@...
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Rough Brothers
Sent: Friday, March 17, 2006 4:36 PM
To: vantage@yahoogroups.com
Subject: RE: 1681945MPS RE: [Vantage] Inventory Average-Cost
Preach on!!!! 6.1 user here ...
We are also looking into using average costing .... WOW!!! what an
education I have received over the past 2 weeks regarding just how FAR
OFF Vantage is on this subject ....
Users want an average costing system that actually averages ... come
on ...
Now throw on top of the issues of just straight average costing ...
LANDED COSTS ... the ability to add costs such as crateing, incoming
freight, energy surcharges, and the dreaded steel surcharges ... you
know real life kind of stuff that you would want to be included in your
average. DENIED .... TAKE THAT WEAK ---- HOME (since it is March
Madness).
I have been discussing this with Vantage for 2 weeks ... finally I
walked someone thru it just last night from Vantage ... result ... Issue
submitted to Development.
Try testing LANDED COST ... it's fun wasting your time trying to
figure how the system can take 2 + 2 and get average of 2.8420.
How do you explain that to the New Vantage Users you are training and
wanting to get buy in from .... "NEW MATH".
Ben Belzer <bbelzer@...> wrote:
I have 8.0 installed as I am testing it.
I tried the same scenario on 8.0, and here is the result.
On Hand 100pcs at avg of $1.00
PO for 100 pcs at $2.00 ea.
Received 1,000,000 at $2.00 ea.
Avg on hand is now $1.99999
Deleted the receipt, avg. fell to .99999 (Good. Tells me 8.0 doesn't
have the same issue)
Received 100, to correct the mistake, and on hand avg. now 1.49999
I can't believe Epicor won't fix something so crucial in 6.1. So what
if they are releasing 8.0. How many customers do they still have on
6.1? Most, I am sure. Rediculous.
Thoughts?
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Bruce Butler
Sent: Thursday, March 16, 2006 7:53 AM
To: Wayne Crowell; vantage.res@...; vantage@yahoogroups.com
Cc: John Frie
Subject: 1681945MPS RE: [Vantage] Inventory Average-Cost
I tested, and it is even worst than expected.
Test;
1. Pur & Recv 100 pcs @ $1 against PO 50220 line 1
2. Pur 100 pcs @ $2 against PO 50220 line 2
3. Rec 1000 against PO 50220 line 2
4. Fix receipt to 100
Result;
1. After first receipt avg cost = $1
2. After second receipt Avg cost = $1.90
3. After fix & receipt Avg cost = $1.95
The cost should have been $1.5. As you can see after the fix it
re-averaged the higher value again with the previous wrong average.
Support told me this is an old issue that has not been taken care of,
and that it will most likely not get taken care of as all energies are
focused on the 8.0 release. I have requested this be tested in 8.0, and
am waiting for a response.
Finally, we setup a lot of POs for $0 until a vendor can get us a cost.
9.99 / 10 we have the order on hold to stop the receipt. However, some
of these still get by. This will weight the average in the other
direction.
Bruce Butler
IT Manager
Knappe & Koester, Inc.
_____
From: Wayne Crowell
Sent: Thursday, March 16, 2006 9:50 AM
To: Bruce Butler
Subject: RE: [Vantage] Inventory Average-Cost
Bruce,
This sounds like a software glitch. If the receipt is deleted it should
remove all related numbers so average cost should not be affected. What
does Epicor say?
Wayne Crowell
Knappe & Koester Inc.
_____
From: Bruce Butler
Sent: Thursday, March 16, 2006 9:32 AM
To: Wayne Crowell
Subject: FW: [Vantage] Inventory Average-Cost
Importance: High
This could be a problem.
Bruce Butler
IT Manager
Knappe & Koester, Inc.
_____
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Geary, Stephanie
Sent: Wednesday, March 15, 2006 2:22 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Inventory Average-Cost
Can't Delete a receiver... When we have errors on the receiver I just
have to fix the average cost.
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]On Behalf
Of Ben Belzer
Sent: Wednesday, March 15, 2006 2:08 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Inventory Average-Cost
I have uncovered something potentially very dangerous. The average cost
can be way off if you delete a receipt.
Steps to reproduce:
Had 100 pieces @ 1.00 on hand.
Placed PO for 1000 pcs at $2.00.
Received 1,000,000 pcs on accident sending the average cost to 1.999
Deleted the receipt bringing on-hand qty back to 100 yet the average is
still 1.999.
Can someone shed light on this? It could mean that average costing is
not the way to go...
Thanks,
Ben
Ben Belzer
IT Manager
TCI Precision Metals
800.234.5613.W
310.323.1255.F
bbelzer@... <mailto:bbelzer@...>
www.tciprecision.com <http://www.tciprecision.com/>
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
<http://groups.yahoo.com/group/vantage/files/>
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Links
______________________________________________________________________
This email has been scanned by the MessageLabs Email Security System.
For more information please visit http://www.messagelabs.com/email
______________________________________________________________________
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
<http://groups.yahoo.com/group/vantage/files/>
(2) To search through old msg's goto:
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(3) To view links to Vendors that provide Vantage services goto:
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SPONSORED LINKS
Manufacturing software
<http://groups.yahoo.com/gads?t=ms&k=Manufacturing+software&w1=Manufactu
ring+software&w2=Membership+database+software&w3=Database+mortgage+softw
are&w4=Pda+database+software&w5=Database+management+software&w6=Database
+marketing+software&c=6&s=188&.sig=OG5F3819UOUOg63i0bu6kA>
Membership database software
<http://groups.yahoo.com/gads?t=ms&k=Membership+database+software&w1=Man
ufacturing+software&w2=Membership+database+software&w3=Database+mortgage
+software&w4=Pda+database+software&w5=Database+management+software&w6=Da
tabase+marketing+software&c=6&s=188&.sig=N5BGdur84p-jyuOomcQdbQ>
Database mortgage software
<http://groups.yahoo.com/gads?t=ms&k=Database+mortgage+software&w1=Manuf
acturing+software&w2=Membership+database+software&w3=Database+mortgage+s
oftware&w4=Pda+database+software&w5=Database+management+software&w6=Data
base+marketing+software&c=6&s=188&.sig=8rvcSQnCqJhTCZu-0Si39A>
Pda database software
<http://groups.yahoo.com/gads?t=ms&k=Pda+database+software&w1=Manufactur
ing+software&w2=Membership+database+software&w3=Database+mortgage+softwa
re&w4=Pda+database+software&w5=Database+management+software&w6=Database+
marketing+software&c=6&s=188&.sig=u3KQrTRPAQfsWIT39aHDkg>
Database management software
<http://groups.yahoo.com/gads?t=ms&k=Database+management+software&w1=Man
ufacturing+software&w2=Membership+database+software&w3=Database+mortgage
+software&w4=Pda+database+software&w5=Database+management+software&w6=Da
tabase+marketing+software&c=6&s=188&.sig=R3CF3ODPY4gwjDZjykQYvw>
Database marketing software
<http://groups.yahoo.com/gads?t=ms&k=Database+marketing+software&w1=Manu
facturing+software&w2=Membership+database+software&w3=Database+mortgage+
software&w4=Pda+database+software&w5=Database+management+software&w6=Dat
abase+marketing+software&c=6&s=188&.sig=lmBkRUiBtvHI1u5dkymDcw>
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Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
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(2) To search through old msg's goto:
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(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
SPONSORED LINKS
Manufacturing software Membership database software Database
mortgage software Pda database software Database management
software Database marketing software
---------------------------------
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Visit your group "vantage" on the web.
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---------------------------------
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Find great deals to the top 10 hottest destinations!
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
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