JD Edwards EnterpriseOne Manufacturing Costing & Accounting 9.x

This JD Edwards course helps you develop the knowledge and skills to successfully set up and execute manufacturing, costing and accounting. Learn how manufacturing costs are calculated based on manufacturing data derived from the bills of material, routings, work centers and additional cost component.

Learn To:

• Describe the business process.
• Create standard product costs.
• Manage the manufacturing accounting process.
• Identify product costing options in various supply chain environments.
• Use actual costing.
• Understand the relationship between shop floor transactions and manufacturing accounting entries.
• Track and analyze these entries.

Understand the Setup

This course will also help you grasp the setup required for manufacturing accounting. Review G/L Class Codes and automatic accounting instructions (AAIs).

Live Virtual Class Format

A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Audience

• Functional Implementer
• Project Manager

Course Topics Setting Up General Options

• Cost methods

Product material costs

• sources of material costs
• material costs
• item costs
• bill of materials

Product labor and machine costs

• work centers
• routing costs
• time basis codes
• simulation process

Additional costs

• standard rate codes
• factor codes

Frozen Costs

• item cost revisions
• bill of material revisions
• manufacturing constants
• update programs

Discrete manufacturing

• costing for batch and percent bills of material
• costing requirements for outside operations
• costing requirements for configured items

Process manufacturing

• setting up costing in process manufacturing
• cost percent calculations

Accounting fundamentals

• account format
• automatic accounting instructions

Work Order Life Cycle

• describe the work order life cycle
• create manufacturing work order transactions
• creating manufacturing journal entries

Course Objectives

• Use actual costing for product costs
• Use variance accounting
• Identify product costing options in various supply chain environments
• Manage the manufacturing accounting process
• Define accounting fundamentals
• Create costs through the work order life cycle