Costing Change Summary
  
Costing
Change Summary
The following table summarizes significant differences between this document and previous versions.
 
Date/Version
Description
Reference
March 2014/2014EE
Removed all references to LIFO.
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Added information on how the system looks at the Inventory and WIP Balance Report to determine the ending balance for WAVG.
 
Added new business considerations, best practices for implementing, and best practices for setup.
 
Added information on the system copying WIP transferred from the old cumulative WO to the new cumulative WO to PC-related WO tables during the PC initialize process.
 
Added new section to describe how Periodic Costing ensures that the inventory account is properly balanced even when you make changes to the inventory account.
 
Added information on calculating a negative work order receipt in a situation where there is not enough quantity in inventory.
 
Added new section to describe PC Item Cost Delete/Archive (30.5.22).
 
Described new adjustment method using logic that fully reverses the original transactions.
 
Added ability to select a cumulative order with no effective date in the PC WO WIP History Report
 
Added new section on new .NET UI browse collections for Periodic Costing.
 
Added a note to explain that Sales order returns perform the return using the cost from the corresponding ISS-SO transaction.
 
Added information to describe how the system places WIP for co-products.
September 2013/2013.1 EE
Changed the label of menu 30.5.24 to Periodic Costing Control
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Updated FIFO examples in Periodic Costing
 
Added a note about Adjustment Mode for PC
 
Updated the steps for defining work center rates
 
Added a section about maintaining PC work center rate data in batch
 
Updated the description of Layer Code for Periodic Costing Control
 
Updated the description for PC cost sets
 
Updated the description for initializing PC
 
Added a note for Period and Month End Close
 
Added an example for reversing PC calculation
March 2013/2013 EE
Numerous upgrades to Period Costing chapter
September 2012/2012.1 EE
Rebranded for QAD 2012.1 EE
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March 2012/2012 EE
Added section on PC Unit Cost Adjustment Upload (30.5.5.4)
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March 2012/2012 EE
Added section on PC Total Cost Adjustment Upload (30.5.5.5)
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September 2011/2011.1 EE
Rebranded for QAD 2011.1 EE
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