Topics started by jnorton

2 Topics

J
jnortonNew Participant
asked in Kinetic & Epicor ERP

Alternate overhead rate methods

We manufacture many different kinds of athletic goods.  Our factory is much more like a job shop than an assembly line.  We have used labor as our driver for our overhead rate for years.  We are now investing heavily in robotics.  We are concerned that we are not allocating our costs appropriately across our products.  Is anyone using a different driver (i.e. denominator, [Rate = Overhead Cost Pool/Labor Hours]) besides labor and if so, how do you implement in Epicor?  In particular, is anyone using Activity Based Costing (ABC)?

3
M
2 months ago
J
jnortonNew Participant
asked in Kinetic & Epicor ERP

Credit card processing - expired authorizations

For credit card customers we follow the industry standard of authorizing the card at placement of order and then Epicor will process the Delayed Capture at the time of shipping (which allows for reasonable amount changes for added freight and taxes).  Our problem comes when the time between order placement and shipment extends -- especially beyond 30 days.  Authorizations expire at different times per the bank who issued the card.  How have others handled this issue?  

1
J
3 years ago
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