Inventory Parts Parts Kits Setup
Part Kits (continued)
A Part Kit is built by adding individual Parts to the kit list, selecting how many of that part is used in the kit and a Break-out Allocation percentage. The Break-out Allocation is the percent of the total cost of the kit allocated to the part within the kit. If your company is using the Average Costing Method, this allocation value is used when ‘Breaking Out’ a Kit into its individual Parts.
Part, Description - Select a part using the lookup button to the right of the field or the User may manually type in the part number if the exact part number is known. Once a part is selected, the description field will automatically be filled in.
Quantity - Enter the quantity of this part that is contained in the kit.
Breakout Allocation % - Enter the percentage of the kit purchase cost that is allocated to this part. If the quantity of this part in the kit is greater than one, the allocation percentage would include all of the quantities of this single part.
Once all parts have been entered, click the Save button. The total of all Allocation % must equal 100%; the kit may not be saved until 100% of the cost has been allocated to the parts in the kit list.
FRM 7009-2
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