BoM Recalculation – PrismERP User Guide
BoM Recalculation is a critical process in PrismERP that updates the cost, quantity, and material requirements of a Bill of Materials whenever changes occur in raw material prices, wastage percentages, or component quantities. This ensures that production planning and costing reflect the most current data, leading to accurate budgeting and inventory control.
Key Features
Automatic Cost Updates
Recalculates material, labor, and overhead costs based on updated inputs.
Quantity Adjustments
Updates component quantities when changes are made to the finished product or subassemblies.
Wastage & Yield Updates
Incorporates changes in wastage percentages or production yields.
Version Control
Applies recalculation to specific BoM versions without affecting others.
Batch Recalculation
Ability to recalculate multiple BoMs simultaneously.
Audit Trail
Logs recalculation activities for traceability.
Step-by-Step Usage Guide in PrismERP
Access BoM Recalculation Tool
Navigate to BoM Recalculation
Select BoM(s) to Recalculate
- Choose individual or multiple BoMs by filter (e.g., Branch, Status, Product).
Review Parameters for Recalculation
- Confirm updated prices, wastage %, or quantities.
- Select the scope (single version or all versions).
Execute Recalculation
- Click Recalculate to start the process.
- Wait for the system to update all cost and quantity fields.
Verify Updates
- Review recalculated BoM reports or cost sheets.
- Confirm accuracy before approving or using updated BoMs in production.