Refurbishment Order Processing
Dear Experts ,
As we Know that we need make initial stock entry of stocks ( refurbished & damaged)
Please let me know what are the standard prices which we need to maintain for above two.
RAKESH MANE replied
Please refer below split valuation methodology
C1 - New spares price-(Purchase Price when this new spares is purchased from vendor )
C2 - Damaged spares price( Zero Price)
C3 - Refurbished spares price(Cost of Refurbishment such other component ,labor cost get accumulated on materials during settlement)
So from above you can discuss with MM person to set up valuation .