Periodic Costing General Setup

QAD 2017 Enterprise Edition > User Guides > Periodic Costing > Periodic Costing Setup and Initialization > Periodic Costing General Setup

Periodic Costing General Setup

To use Periodic Costing, set up the following items:

• Inventory Accounting Control

• Periodic Costing Sub-Ledger

• Periodic Costing Daybooks

• Periodic Costing Control

• Periodic Cost Calculation Periods

• Periodic Costing Cost Sets

• Work Center Rates

• Loading Work Center Rates or Cost Adjustments from XML

• Cost Set Elements

Note: For information on work center rates, see (this period burden cost * this period receipt quantity + last period burden cost * last period item quantity balance + this period burden cost adjustment) / (this period receipt quantity + last period item quantity balance).

After these items are set up, you initialize Periodic Costing before using it for the first time. See Loading Work Center Rates or Cost Adjustments from XML.