QAD 2016 Enterprise Edition Training Guides
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Product Costing Introduction
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Account Structures
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Work Order Account Maintenance
Work Order Account Maintenance
Work order accounts can be defined by site.
Product Line Service Accounts
Product Line Consignment Accounts
Product Line Accounts: Summary
The figure above and on the following page is a summary of the product line accounts, the account type, and the kinds of transactions the accounts might appear on.
Study Questions
List the three elements of the GL Reference Number.
Product Lines define the default account codes for which of the following?
a Inventory Accounts
b Purchasing Accounts
c Sales Accounts
d Work Order Accounts
e None of the above
f All of the above
The debits and credits on a multiple line GL distribution must balance. True or False?
In planning for next year QMI wants to add an allowance for fixed overhead to each finished good item. The production plan calls for 3500 units of production. The annual rent on the production facility is 120,000; the umbrella insurance policy is 25,000; the general maintenance budget is 200,000; management salaries are 300,000. What value should be put in the Overhead Cost field of the GL cost set for each finished good item?
