Overview
After setting up the basic company structure, you can enter information about company products and how they are made.
Chapter Topics
This chapter covers the following topics:
• Key Concepts
Product Lines
Current Costs
Item Information
Product Structure
• Example
Set Up Product Lines
Set Up Accounting Parameters
Enter Item Information
Set Up Product Structure
• Review
• Exercise
Learning Objectives
When you finish this chapter:
• Explain the importance of a product line.
• Explain the difference between current costs and GL costs.
• Provide examples of order policies and order modifiers.
• List an item’s five cost elements.
• Describe the information contained in a product structure.
• Set up a product line.
• Enter an item.
• Define an item’s product structure.
