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Implementing Manufacturing and Materials Management: From Empty Plant to Costed Work Order · Module 15 · Cost Accounting Structures

Quick setup for cost accounting

Lesson 159 of 188 · 12 min

Find the quick setup gear icon on the Cost Accounting functional area, use query by example to search by profit center business unit, enter the cost organization code, a short name and the cost method, select the row and implement, confirm and wait. Then open the implementation details and review every setup task it created — cost organization, cost book, relationship, elements, components, mappings, valuation structures, cost profiles, default cost profiles — compare each against your design, and adjust anything that differs, before any transaction exists. This is the fastest and most dangerous accelerator in the course. It creates the entire permanent structure in one action, based on three fields. The review window is real and it is short. After it runs you can review and change things — until somebody transacts. Then you cannot. Do the review immediately, not next week. If the business unit does not appear in

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In this module: Module 15 · Cost Accounting Structures

  1. 1What we are building
  2. 2The warning nobody readsFree preview
  3. 3The costing object model
  4. 4Choosing a cost method
  5. 5Cost organization design
  6. 6Running the costing design workshop
  7. 7Cost organizations and cost books
  8. 8Cost organization relationships
  9. 9Cost elements and components
  10. 10Cost component mappings
  11. 11Valuation structures and units
  12. 12Cost profiles
  13. 13Expense pools and accounting
  14. 14Quick setup for cost accounting
  15. 15What breaks
  16. 16Lab briefing: the Halden costing design
  17. 17Lab solution walkthrough