Viewing additional valuation information for a part

This page allows you view the additional valuation information of the part. Tell me more.

Select the “View Additional Valuation Information” link at the bottom of the “Part - Planning Information” page.

Note: This page can be invoked only if the valuation information is defined for the part in the “Edit Additional Valuation Information” page of the current business component.

The “View Additional Valuation Information” page appears.

The system displays the following:

Date Format

The format in which the date fields are displayed in this page. This format is displayed from the “User Preferences” business component based on the login user ID. In case the format is not defined, the system displays the date format from the “Enterprise Modeling” business component by default.

The system displays the following in the “Part Details” group box:

Part #	The number identifying the part for which you wish to view the additional valuation details.
Part Description	The description of the part.
Part Type	The type of the part.
Part Classification	The classification to which the part belongs, which could be “Rotable”, “Repairable” or “Controllable”.
Part Category	The category to which the part belongs.
Valuation Method	The valuation method adopted, which could be “Actual Cost”, “Standard Cost”, “Weighted Average”, “LIFO” or “FIFO”.
Part Account Group	A unique code identifying the account group under which the part is to be grouped.
Expensing Policy	The expensing policy defined for the part, which could be “On First Issue”, “On Phase Out” or “Core value on Phase Out”.

The system displays the following in the “Maintenance Expense Policy Details” group box:

Inspection	Indicates the maintenance expense policy for the maintenance type “Inspection”. The system displays the options “Add to Stock” or “Expense Off”.
Others	Indicates the maintenance expense policy for the maintenance type “Others”. The system displays the options “Add to Stock” or “Expense Off”.
Overhaul	Indicates the maintenance expense policy for the maintenance type “Overhaul”. The system displays the options “Add to Stock” or “Expense Off”.
Repair	Indicates the maintenance expense policy for the maintenance type “Repair”. The system displays the options “Add to Stock” or “Expense Off”.

The system displays the following in the “Time Life Costing Variable Details” group box:

Variable Value Basis

The basis of the variable value, which could be one of the following:

Life to Overhaul –Indicates that the component life is monitored by the overhaul value, and the return cost computation is with respect to the overhaul value.
Life to Phase-out –Indicates that the component life is monitored till the retirement work unit is executed on the component.
Non-Life –Indicates that the part is of type other than “Component”.

Std. Core Value %

The percentage of the standard core value.

Residual Value

The remaining variable value to be carry forwarded or expensed off.

The system displays the following in the “Record Statistics” group box:

Created by	The name of the user who recorded the additional valuation details of the part.
Created Date	The date on which the additional valuation details of the part were recorded.
Last Modified by	The name of the user who last modified the additional valuation details of the part.
Last Modified Date	The date on which the additional valuation details of the part were last modified.

Viewing additional valuation information for a part – An overview

This page allows you to view the additional valuation details for a part. You can view details such as part number, description, category, valuation method and expensing policy defined for the part, expense policy details defined for the maintenance types such as Inspection, Others, Repair and Overhaul.

You can also view the time list costing variable details such as variable value basis, standard core value percentage and residual value for the part.