QAD 2017 Enterprise Edition > User Guides > Periodic Costing > Periodic Costing Overview > Concepts
  
Concepts
This section discusses concepts underlying periodic costing, including:
Adjustment and Complete Modes
Periodic Costing Template and Detailed Periodic Cost Sets
Statutory and Base Currency Calculations
Cost-Calculating Periods
Grouped Sites
Labor/Burden Actual Costs AbsorptionSupplier invoices
Freight and Logistic Costs as Material Cost Elements
Purchased Items versus Manufactured Items
Period Costing versus Periodic Costing
Costing for Newly Added Products
Zero or Negative Unit Cost
Determine Item’s Receipt Quantity and Element’s Receipt Cost
Determine Item’s Receipt Quantity and Element’s Receipt Cost