This QAD Product Costing training guide provided instructions on how to develop product costs, including the factors that affect costing, how costs are calculated, and where they can be viewed. In addition, it provides detailed instruction on manufacturing variances, how they are calculated, and how they are generated.

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:

Provides the structural framework and knowledge necessary to enter data and roll up product costs, and to understand the causes of variances.

Provides the opportunity for personnel responsible for developing costs and explaining variances to understand how the system works.

Finance and operations personnel who develop product costs and explain variances.

This course is valid for 6 credit hours and is typically taught in one day.

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.