Update Part Costing to Actual Asset Cost (not Catalog Cost)

Enterprise

AF: VSCOS

New

Submitted: 7 Sept 2018

Description
Warehouse capability is needed to update receive/accept process to be IAW AFI 24-302, chapter 5 requirements. Parts receipt and/or Form DD1348 costs must be loaded to document/account for funds charged to vehicles.  Actual part cost also needs to reflect in "Unit Cost" field in M&U when Document Status reflects "Issued".  Currently, this field reflects the catalog cost.

Recommended
Modify Warehouse, Materiel Mgmt, Receiving, Receive and Accept process.  Allow for price modification from parts receipt and/or Form DD1348 costs to reflect actual cost not LP list price.  Actual asset cost also needs to reflect in "Unit Cost" field in M&U when Document Status reflects "Issued".

Mission Critical
It is mission critical and is mandated per DoD 4500.36, Chapter 2b "The cost associated with this method of NTV support includes these cost elements...Direct and indirect costs associated with the operation and maintenance of the NTV". Accuracy of costing inputs sustainment budget and is calculated in FAST Cost per Mile, our End of Life and Prioritization Models.

Benefits
Having actual part cost gives accurate accounting of items purchased and allows accurate reporting of operation and maintenance costs associated with each asset.

Users
This option would benefit all Warehouse users. See hatched document for visual explanation