Job Costing Process Using Fabritrak Receive P.O. 2M P.O. issued for material (according to Purchase requisition) 7B Material Mat’l received, & posted Against either: inventory or the work order. P.O. & receiver forwarded on to actg. 7C O.P. receivers are received in Fabritrak Sales Order is Created Customer Due Date PO Value Quantity Router Number Sales person 2K Job run times (Daily time sheets) are entered into Fabritrak For every work order. Done daily Milton P.O. & receiver are matched against supplier invoices. Supplier invoice is posted to Peachtree Accounts Payable file O.P. Review P.O. Outside Processing Milton P.O. is applied to W.O. 8F 2L If no vendor or outside process is specified, router and/or work order is updated Yes BOM Descriptions Operations Order Outside Process Descriptions Cost O.P. Discrepancies? Milton P.O. is added to the outside vendor list upon delivery, Material No Purchasing O.K.’s Material discrepancies, Parts are physically received, Inspected, and quantities matched against the incoming receiver Paperwork forwarded to PC&L 8L Receive Purchase Order from customer. Router is Created Operations/Mat’l/O.P. indicated. Outside Processing cost is input if known. 2J PC&L and/or Purchasing O.K.’s Price or Qty. discrepancies, Parts are packaged, and ready for delivery Qty. packed enter- -ed Into Fabritrak. Work Order is Created Sales order number Due date Router number 5A If job is complete, close work order The bill of materials is issued Mat’l is deducted from inventory Update O.P.- P.O. cost Update un-posted receiver Post Outside Processing P.O Shipper is created, parts are delivered, signed shipper is forwarded to Actg. 8K Qty Born on Date is assigned to all jobs going through laser & turret 5H Cost Milton Shippers are matched Against customer P.O.’s Apply freight cost Print Invoice 10A Close O.P. Purchase Order Print job cost summary. Labor/Mat’l/ O.P. vs Sale price ___________ Update B.O.M, router, O.P. 4B Revise born on date 4H Double Check Invoice (Murray only) Confirm and post invoice Send Invoice Supplier invoice is updated in Peachtree Accounts Payable file, if necessary Material request for quote submitted Receive Payment & Post 10B Deposit Pay Vendors 10C/E Property of Milton Manufacturing, 2007