In this course, students learn how to use the Oracle Process Manufacturing Cost Management application to perform the following:

Transcription

1 Oracle - R12 Oracle Process Manufacturing Cost Management Code: URL: D77187 View Online In this course, students learn how to use the Oracle Process Manufacturing Cost Management application to perform the following: Value the cost of goods sold on shipments Calculate inventory valuations Assign values to inventory transactions Calculate purchase price variance in work in progress Revalue inventory for appreciation and depreciation Monitor and simulate costs Students also learn how to use the OPM Cost Management application to develop and maintain multiple cost models, and how to use sub-ledger accounting. Learn To : Set up the OPM cost management application Perform period-end cost processing Run cost management reports Understand cost management APIs Use sub-ledger accounting and processes Use standard costs, actual costs, and lot costs Skills Gained Understand the OPM Cost Management Application Set Up OPM Cost Management Use Standard Costs Use Actual Costs Use Lot Costs Perform Period-end Cost Processing Copy Costs Run Cost Management Reports Explain Cost Management APIs Use Sub-ledger Accounting and Processes

2 Who Can Benefit Business Analysts End Users Functional Implementer Sales Consultants Support Engineer Technical Consultant Prerequisites R12 Inventory Fundamentals Order Management Course Details Understanding OPM Cost Management Using OPM Cost Management Identifying the Cost Management Process Flow Defining Cost Attributes Defining Standard Costing Defining Actual Costing Defining Lot Costing Performing Period-End Cost Processing Setting Up Costing Part 1 Identifying the Cost Management Process Flow Reviewing Costing Setup Defining Cost Types Defining a Standard Cost Type Defining an Actual Cost Type Setting Up Costing Part 2 Defining Cost Organization Associations Defining Cost Factors Defining Fiscal Policies Defining Resources and Resource Costs Describing Overheads Defining Overhead Details Defining Percentage Overhead Codes, Sources, and Targets Defining Overhead Priorities and Variability's Using Standard Costs Part 1

3 Describing Standard Cost Describing the Standard Cost Flow Defining Ingredient Costs Defining Routings and Formulas Defining Resources and Resource Cost Defining Rollup Source Organizations Using Standard Costs Part 2 Running Cost Rollup Deriving Product Cost Viewing Product Costs Viewing Formula Costs Viewing Routing Costs Viewing Overhead Costs Describing Implementation Considerations Using Actual Costs Part 1 Describing Actual Cost and the Actual Cost Flow Describing Transactions in Actual Cost Ensuring Accurate Actual Cost Setting Up Material Cost Component Classes and Expense Allocations Using Allocation Definition Types Describing Raw Material Cost Describing Cost Calculation Types Using Actual Costs Part 2 Describing Raw Material Cost Calculation Types Describing Product Cost Calculation Types Describing Overhead Costs Describing Inventory Transfers Running Actual Cost Process Viewing Actual Costs Adjusting Actual Costs Describing Implementation Considerations Using Lot Costs Describing Lot Cost Describing the Lot Cost Flow

4 Describing Transactions in Lot Cost Setting Up a Lot Cost Type Setting Up Lot Cost Items Describing Lot Cost Calculations and Running the Lot Cost Process Viewing Lot Cost History and Adjusting Lot Costs Performing Period-End Cost Processing Describing the Standard Cost Period-End Processing Flow Describing the Actual Cost Period-End Processing Flow Describing the Lot Cost Period-End Processing Copying Costs Describing Copy Costs Copying Item Costs Copying Fixed Overheads Modifying Existing Costs Removing Existing Costs Before and During Copying Copying Resource Costs Copying Overhead Percentages and Source Organizations Running Cost Management Reports Running and Interpreting the Item Cost Detail Report Running and Interpreting the Actual Cost Adjustment Report Running and Interpreting the GL Expense Allocation Definition Report Running and Interpreting the GL Expense Allocation Detail Report Running and Interpreting the Cost Organization Association Report Running and Interpreting the GL Item Cost Detail Report Running and Interpreting the OPM Lot Cost Detail, and Lot Cost History Reports Running and Interpreting the Inventory Valuation Report Using Cost Management APIs Introducing Cost Management APIs Identifying Cost Management APIs Calling the API Performing Public API Validations Using the Item Cost API Using the Resource Cost API Using the Allocation Definition API Using the Overhead Details API

5 Understanding Sub-ledger Accounting and Processes Describing Sub-ledger Accounting Describing Application Accounting Definition Hierarchy Using Multiple Sub-ledger Accounting Valuation for a Transaction Describing Events Describing Account Definitions Running the OPM Accounting Pre-processor Running Create Accounting Transferring and Viewing GL Journal Entries ExitCertified Corporation and imvp are registered tradem arks of ExitCertified ULC and ExitCertified Corporation and Tech Data Corporation, respectively Copyright 2018 Tech Data Corporation and ExitCertified ULC & ExitCertified Corporation. All Rights Reserved. Generated Nov 12 7:50:43 UTC 2018