Course Overview
The JD Edwards EnterpriseOne Applications Manufacturing Costing and Accounting course teaches you how to manage the JD Edwards Product Costing and Manufacturing Accounting systems. You will develop a deeper understanding of how to create item costs, simulate costs, and use actual costing in the manufacturing accounting process.
Learn To:
- Create standard product costs
- Determine the costing options in supply chain environments
- Manage the manufacturing accounting process
- Use actual costing
Benefits to You
Improve your knowledge of the costing and manufacturing accounting process by interacting with instructors who have a deep knowledge of Oracle solutions. Through a combination of interactive discussions and hands-on exercises, you'll maximize your understanding and expand your skill set to make day-to-day tasks easier.
Who should attend
- Functional Implementer
- End Users
- Business Analysts
- Project Manager
- Developer
Course Objectives
- Describe the Product Costing and Manufacturing Accounting business process
- Create standard product costs
- Identify product costing options
- Manage the manufacturing accounting process
- Use actual costing
Course Content
Setting Up General Options
- Describing Costing Methods
- Defining Cost Components
Generating Product Material Costs
- Creating Item Costs and Bills of Material
- Running a Simulated Cost Rollup for Material Costs
Generating Product Labor and Machine Costs
- Running a Simulated Cost Rollup for Labor and Machine Costs
Using Additional User-Defined Costs
- Identifying Cost Extras
- Entering Standard Rate and Factor Codes
Generating Product-Frozen Costs
- Running the Frozen Cost Update
- Updating Frozen Cost Information
Identifying Additional Costing Options
- Modifying Costs
Explaining Unique Costing Requirements for Other Discrete Manufacturing Activities
- Discussing Costing for Batch and Percent Bills of Material
- Explaining Costing Requirements for an Outside Operation
- Defining Costing Requirements for Configured Items
Explaining Costing Requirements for Process Manufacturing
- Describing Process Manufacturing
- Setting Up for Costing in Process Manufacturing
Defining the Accounting Fundamentals
- Explaining Account Structures
- Using AAIs
Creating Costs Through the Work Order Life Cycle
- Creating Manufacturing Work Order Transactions
- Creating Manufacturing Journal Entries
Using Variance Accounting
- Explaining Variance Accounting
- Creating Manufacturing Variance Journal Entries
Using Actual Costing for Product Costs
- Setting Up for Actual Costing
Capturing Actual Costs in Manufacturing Accounting
- Using Actual Costing in Manufacturing Accounting