11i Implement and Use Cost Management

Total time

11i Implement and Use Cost Management

Oracle University
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Description

In this course, participants will be able to set up and use Oracle Cost Management in conjunction with Oracle Inventory, Oracle Bills Of Material, and Oracle Work In Process (WIP). Additionally, participants will learn how to use Oracle Cost Management as a tool for inventory control, valuation, profit analysis, and reporting.


Audience
Course Topics Cost Controls
  • Describing General Ledger Cost Controls
  • Describing Organizational Cost Controls
  • Describing Financial Cost Controls
  • Describing WIP Cost Controls
Cost Information
  • Defining Cost Types
  • Describing Cost Elements
  • Defining Item Costs
  • Defining Resource and Overhead Costs
  • Establishing and Updating Costs
Costing Methods
  • Inve…

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In this course, participants will be able to set up and use Oracle Cost Management in conjunction with Oracle Inventory, Oracle Bills Of Material, and Oracle Work In Process (WIP). Additionally, participants will learn how to use Oracle Cost Management as a tool for inventory control, valuation, profit analysis, and reporting.


Audience
Course Topics Cost Controls
  • Describing General Ledger Cost Controls
  • Describing Organizational Cost Controls
  • Describing Financial Cost Controls
  • Describing WIP Cost Controls
Cost Information
  • Defining Cost Types
  • Describing Cost Elements
  • Defining Item Costs
  • Defining Resource and Overhead Costs
  • Establishing and Updating Costs
Costing Methods
  • Inventory Standard Costing
  • Manufacturing Average Costing
  • Inventory Average Costing
  • Periodic Average Costing
Transaction Analysis
  • Accounting for WIP Transactions for Standard Costing
  • Accounting for WIP Transactions for Average Costing
  • Charging Direct Labor
  • Analyzing Inventory Transactions
  • Analyzing WIP Costing
  • Period Close for Inventory Organizations

Course Objectives
  • Establish cost controls
  • Maintain standard costs on a periodic basis
  • Describe costing methods
  • Analyze transactions for WIP and Inventory costing at (standard and average)

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There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.