Cost Management Change Summary
About this Course
Course Description
Course Objectives
Course Benefits
Audience
Prerequisites
Course Credit and Scheduling
Virtual Environment Information
Additional Resources
QAD Learning Center
QAD Document Library
QAD Support
Cost Management
Course Overview
Cost Management Topics
Cost Management
Create Multiple Cost Sets
Types of Cost Sets
Multi-Site Cost Considerations
Linked Site Costing
Multi-Element Costing
Multi-Element Costing
Multi-Element Costing: Setup
Create Cost Set
Define Cost Elements
Cost Elements
Enter Costs
Enter Costs Manually
Let System Calculate Costs
Roll Up Costs
Routing Cost Roll-Up
Product Structure Roll-Up
Cost Reporting
Exercise 1: Multi-Element Costing
Cost Report
Cost Simulation
Introduction
Cost Simulation Process
Add Simulation Cost Set
Create New Cost Set
Copy Existing Cost Set
Define Elements
Modify Cost Elements
Enter Costs
Enter Costs Manually
Modify Work Center Rates
Modify Subcontract Costs
Let the System Calculate Costs
Copy Costs from Another Source
Simulation Cost Roll-Ups
Review Costs
Cost Set Report
Comparative Cost Set Report
Update Current or GL Costs
Copy Simulations to Items and Sites
Verify Changes
Historical Cost Sets
Exercise 2: Cost Simulation
Cost Planning
Introduction
Create New Costs Sets
Create New Cost Sets
Create Cost Plan
Create a Cost Plan
Copy Cost Set
Copy Cost Set as Baseline
Adjust Costs
Change Baseline to Fit Plan
Item-Element Cost Calculation
Activate Costs
Activate Cost Set
Cost Planning Process
Revalue WIP
Revalue Sales Orders
See Effects in MSS and MRP Summary
Exercise 3: Cost Planning
Information Sources
Variances and Components Reference
Purchase-Related Variances
Manufacturing-Related Variances
Variances by Transaction Flow
Components of Item Cost
Cost Management Change Summary
Components of Item Cost