Create raw materials (February 2016 only)

Note

We will not be accepting edits to this topic, because it is generated from a business process in Lifecycle Services.

This task focuses on creating the components of finished and semi-finished products. It is the third task in the BOM calculation series. The demo data company used to create this task is USMF.

Create the first material

  1. Go to Product information management > Products > Released products.
  2. Click New.
  3. In the Product number field, type a value.
    • For this example, enter ITEM_A.
  4. In the Item model group field, enter or select a value.
    • Select STD. STD stands for standard cost and is the most commonly used model when working with cost calculations.
  5. In the Item group field, enter or select a value.
    • For example, select Audio. This has no impact on cost calculations.
  6. In the Storage dimension group field, enter or select a value.
    • Select SiteWH. Only Site and Warehouse will be used for the demonstration.
  7. In the Tracking dimension group field, enter or select a value.
    • Tracking dimensions will not be used for this example. Select None.
  8. Click OK.
  9. On the Action Pane, click Manage inventory.
  10. Click Default order settings.
  11. In the Purchase site field, enter or select a value.
    • For this example, select Site 1.
  12. In the Inventory site field, enter or select a value.
    • For this example, select Site 1.
  13. In the Sales site field, enter or select a value.
    • For this example, select Site 1.
  14. Close the page.
  15. Close the page.
  16. In the list, click the link in the selected row.
    • Click ITEM_A.
  17. Expand the Manage costs section.
  18. In the Cost group field, type a value.
    • For this example, type M2.
  19. On the Action Pane, click Manage costs.
  20. Click Item price.
  21. Click New.
  22. In the Version field, enter or select a value.
    • For this example, select 10, which is the Standard cost costing type.
  23. In the Site field, enter or select a value.
    • For this example, select Site 1.
  24. In the Price field, enter a number.
    • For this example, type 10.
  25. Click Save.
  26. Click Activate pending price(s).
  27. Close the page.
  28. Close the page.

Create the second material

  1. Click New.
  2. In the Product number field, type a value.
    • For this example, type ITEM_B.
  3. In the Item model group field, enter or select a value.
    • Select STD. STD stands for standard cost and is the most commonly used model when working with cost calculations.
  4. In the Item group field, enter or select a value.
    • For example, select Audio. This has no impact on cost calculations.
  5. In the Storage dimension group field, enter or select a value.
    • Select SiteWH. Only Site and Warehouse will be used for this example.
  6. In the Tracking dimension group field, enter or select a value.
    • Tracking dimensions will not be used for this example. Select None.
  7. Click OK.
  8. On the Action Pane, click Manage inventory.
  9. Click Default order settings.
  10. In the Purchase site field, enter or select a value.
    • For this example, select Site 1.
  11. In the Inventory site field, enter or select a value.
    • For this example, select Site 1.
  12. In the Sales site field, enter or select a value.
    • For this example, select Site 1.
  13. Close the page.
  14. Close the page.
  15. In the list, click the link in the selected row.
    • Click ITEM_B.
  16. Expand the Manage costs section.
  17. In the Cost group field, type a value.
    • For this example, type M2.
  18. On the Action Pane, click Manage costs.
  19. Click Item price.
  20. Click New.
  21. In the Version field, enter or select a value.
    • For this example, select 10. This is the Standard cost costing type.
  22. In the Site field, enter or select a value.
    • For this example, select Site 1.
  23. In the Price field, enter a number.
    • For the demonstration, type 10.
  24. Click Save.
  25. Click Activate pending price(s).
  26. Close the page.
  27. Close the page.

Create the third material

  1. Click New.
  2. In the Product number field, type a value.
    • For the demonstration, type ITEM_C
  3. In the Item model group field, enter or select a value.
    • Select STD. STD stands for standard cost and is the most commonly used model when working with cost calculations.
  4. In the Item group field, enter or select a value.
    • For example, select Audio. This has no impact on cost calculations.
  5. In the Storage dimension group field, enter or select a value.
    • Select SiteWH. Only Site and Warehouse will be used for the demonstration.
  6. In the Tracking dimension group field, enter or select a value.
    • Tracking dimensions will not be used for this example. Select None.
  7. Click OK.
  8. On the Action Pane, click Manage inventory.
  9. Click Default order settings.
  10. In the Purchase site field, enter or select a value.
    • For this example, select Site 1.
  11. In the Inventory site field, enter or select a value.
    • For this example, select Site 1.
  12. In the Sales site field, enter or select a value.
    • For this example, select Site 1.
  13. Close the page.
  14. Close the page.
  15. In the list, click the link in the selected row.
    • Click ITEM_C.
  16. Expand the Manage costs section.
  17. In the Cost group field, type a value.
    • For this example, type M1.
  18. On the Action Pane, click Manage costs.
  19. Click Item price.
  20. Click New.
  21. In the Version field, enter or select a value.
    • For this example, select 10. This is the Standard cost costing type.
  22. In the Site field, enter or select a value.
    • For this example, select Site 1.
  23. In the Price field, enter a number.
    • For this example, type 10.
  24. Click Save.
  25. Click Activate pending price(s).
  26. Close the page.
  27. Close the page.