Rollover Cost Lookup Sequence

 

Step 1

Purchasing will check the future cost first. If the future cost due date is less than today's date, Purchasing will use the future cost in the Issue Budgets and Issue Purchase Orders screens. If the future cost due date is NOT less than today's date, the lookup function proceeds to Step 2.

 

 

Step 2

Purchasing will check the next cost. If the next cost due date is less than today's date, Purchasing will use the next cost in the Issue Budgets and Issue Purchase Orders screens. If the next cost due date is NOT less than today's date, the lookup function proceeds to Step 3.

 

 

Step 3

Purchasing will use the current cost in the Issue Budgets and Issue Purchase Orders screens.

 

Summary

It is possible to enter a next cost or future cost, and Purchasing will use that cost as it becomes due, without having to run the Rollover Costs process. However, if the Rollover Costs process is never run, Purchasing will ignore the current cost until the Rollover Costs process is run.    

 

Related Topics

Rollover Costs

Common Rollover Cost Errors