At the moment we have multiple sub-assemblies with 0 valuation rate, with BOM’s built out of purchased items. Now I can’t start any production orders, because the sub-assemblies’ valuations rates are 0. Does this mean I have to manually go and look at the total cost for each sub-assembly BOM, and copy that to the sub-assembly item’s valuation rate? Why can’t it grab the valuation rate from the total cost of it’s BOM?
If you have stock of raw-material item’s available, and if BOM for the sub-assembly item’s valuation is set to be calculated on “Valuation Rate”, then clicking on “Update Cost” will update raw-material and BOM prices. Following this approach, go on updating cost from raw-material to sub-assembly to FG item’s BOM.
Thank you so much for your reply umair. I completely understand that, and what you described is exactly the process I follow. My problem is that a manufactured part’s valuation rate on its item page is not automatically set to the part’s BOM Total Cost.
Does this make sense? Or am I missing something completely? Sure I can copy the total cost from the BOM manually to the sub-assembly’s valuation rate, but it seems then that with any BOM cost updates, the valuation rate won’t change?
I am also struggling with this issue, especially since my BOMs pull from the Price List. How can I populate the total cost of a sub-assembly in its parent BOM?
Any update on this?
Our products is combined of different sub assemblies, and unfortunately the price of the sub assembly is not taken from the BOM total price.
I encountered this issue also just now, can somebody help with a solution regarding this?
The “Update Cost” button just won’t be able to update the sub-assembly item’s rate based on their default BOM (created & submitted prior to the creation of the new BOM).
I have the exact same issue here, it’s very frustrating and seems like it should be a simple fix (and an important part of an ERP system).
I tried to create a new field in the Item form “BOM cost” which fetched the value from the BOM form, Total cost, but this didn’t work either. Anyone have any ideas why even that doesn’t work?
I also found that if you don’t have any stock for items in a BOM, it will update the BOM cost correctly after changing the item valuation rate. But if you have stock, you need to go and also update the Stock Entry that contains the items, because the BOM cost will calculate based on the stock entry number, not the latest item number. Hope that makes sense to everyone.