1. Inventory Management Implementation Guide
  2. Assigning a Cost Level to an Item

Assigning a Cost Level to an Item

Access the Item Master Revisions form.

The cost level of an item determines:

  • Whether the system maintains costs at the lot, location, branch/plant, or master level.

  • The method that you use to locate the item to assign cost methods and enter item costs.

Inventory Cost Level

Enter a code that indicates whether the system maintains one overall inventory cost for the item, a different cost for each branch/plant, or a different cost for each location and lot within a branch/plant. The system maintains inventory costs in the F4105 table. Values are:

1: Item level.

2: Item/Branch level.

3: Item/Branch/Location level.

Purchase Price Level

Enter a code that indicates which table the system uses to retrieve the cost for an item when you enter a purchase order. Values are:

1: Use the supplier/item price from the F41061 table.

2:Use the supplier/item/branch price from the F41061 table.

3: Use the inventory cost from the F4105 table. This cost is based on the inventory cost level and the purchasing cost method that you specify for the item.

The first two codes are applicable only if you set up supplier costs in the JD Edwards EnterpriseOne Procurement system. If you do not set up supplier costs, the system uses the inventory cost as the default for the purchase order.

See also: