Manufacturing Order

Tools Monitoring and Costing

  • Tools are assets which are consumed during the manufacturing process.
  • Consumption of tools may be fixed or variable.
  • Tools can be categorized to user-defined tool types with pre-defined standard costs.
  • The Tool Master allows the maintenance of actual tools with beginning quantities and actual costs.
  • These tools are applied to MO’s and contribute to the actual product cost posted to Sage 300 IC.