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  •     QAD Glossary

  • About this Course
    Course Description
    This QAD Advanced Repetitive Costing training guide has been developed to teach the differences between advanced repetitive costing and work order costing.
    This guide can be taught individually or as a part of the Product Costing and Cost Management course set, which consists of an introductory class, a class covering general setup topics, and a set of classes on specialized costing topics. Most students will benefit from taking the first two classes and then selecting the additional courses that apply to their business implementation. The complete list of classes is:
    Introduction to Product Costing
    Product Costing
    Advanced Repetitive Costing
    Average Costing
    Co/By-Product Costing
    Cost Management, including Simulation and Planning
    Purchase Costing
    Work Order Costing
    Course Objectives
    Provides the structural framework and knowledge necessary to set up and cost item/products manufactured in an advanced repetitive environment. Includes details on subcontract manufacturing in the advanced repetitive environment.
    Course Benefits
    Provides the opportunity for personnel responsible for developing costs and explaining variances in an advanced repetitive environment to understand how the system works.
    Audience
    Finance and operations personnel who develop product costs and explain variances in an advanced repetitive environment.
    Prerequisites
    Training Guide: Introduction to Costing
    Training Guide: Product Costing
    Training Guide: Work Order Costing
    Familiarity with the .NetUI
    Course Credit and Scheduling
    This course is valid for 6 credit hours. This course is typically taught in 1 day.
    Virtual Environment Information
    The hands-on exercises in this book should be used with the latest Enterprise Edition learning environment in the 10USA > 10USACO workspace. When prompted to log in, specify demo for user ID and qad for password.
    Advanced Repetitive costing functionality is reviewed in the hands-on exercises in this book. The first exercise involves basic Advanced Repetitive transactions; subsequent exercises include variances, subcontracting, and scrap. Because this is a course on costing and not a course on Advanced Repetitive, the exercises in this book will be taking some shortcuts to minimize setup.