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For ERP LN feature pack upgrade, what method of install are you using?
Installation Wizard into existing VRC
35%
Installation Wizard into new VRC
42%
Manual into existing VRC
3%
Manual into new VRC
19%
Total votes: 31

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sharry66's blog
Archiving in ERP LN FP2 (India Localisation)
By sharry66 at 26 Mar 2010 - 08:31

Whether it is feasible to do archiving in ERP LN FP2 (India Localisation).

When We talk about the User guide it clearly says " the process is for Standarad, Non Localised, Non Customised Environment"

Thus when we try to do the archiving in the localised environment, the system does not archive the localisation tables.

Then how we go about archiving for the localised environment? should we share the localisation parameters, Item localisation data and other general data tables relating to localisation or should we take the dump of these tables and load in archive company? 


What is Better FTP (Standard Cost ) Or FIFO
By sharry66 at 27 Sep 2008 - 09:56

I am being confronted by this question by most of the organisations on Which is a better method of valuation, Is it FIFO (Actual Costing) or FTP (Standard Costing).

I tried to analyse and found out some of the basic differences between the two like:

 

1) Its the concern of most of the organisations that the number of financial transactions that should be generated in the finance should be minimum for better control, then its the FIFO which is better, the system does not generates the purchase price variance transactions in system.

2) Now, as we said above that purchase price variance transactions will not be generated, which is used by most of the organisations to control the performace of purchase department. So its the FTP which one should go ahead with.

3) Another requirement that is readily availability of inventory valuation in finance as per actual costs, if that is the requirement its only the FIFO one should go ahead with, you dont need to do the item valuation outside the system to arrive at the valuation on actual prices.

4) Same is for the valuation of finished goods and sub assemblies, the organisations requires the actual cost that has been incurred on the manufactured items and sub assemblies, which is only possible if we use the FIFO and not FTP where it would be only standard costs that would be applied on sub assemblies and FG.

 

These were some of the differences that I could find.

Comments and further addition to this is most invited.

Sharad Gupta. 



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