About the HQ Materials Form
Use this form to set up the materials that will be used when processing material requisitions, purchases, sales or use.
Materials set up here are used by various modules throughout the system, such as PO and AP (when purchasing materials), EM (when charging parts to equipment), and JC (when charging materials to jobs).
You can use the Escalation Price Index tab to assign indexes to a finish material. You will only use this feature for finished good materials having component materials that are eligible for price escalation adjustments. The finished good material and specified component must be set up in IN Bill of Materials or IN Bill of Materials Override, and the price index must already be defined (in HQ Escalation Index) for the specified country and state. For more information about pricing indexes, see HQ Escalation Index in Related Topics below.
The Escalation Price Index grid will automatically display all price indexes set up for this material in HQ Escalation Index.
The MS Oil Price Setup report provides an easy way to review the material setup for pricing indexes by state.
Use the Additional Units of Measure tab to set up any additional measures. Purchase and Sales U/Ms not equal to the standard unit of measure for the specified material must be set up here. For each unit of measure that you set up, you must define a conversion factor. This will be used to convert the unit of measure to the standard unit of measure. Once you specify the conversion factor, the cost and price values will be calculated based on the unit cost and unit price specified for standard unit of measure. Cost and price will be in the same ECM as the standard unit of measure. (Note: It is important that you understand the effects that the conversion factor will have when posted units are updated to IN/GL.