Making Dollars and Sense of Costpoint Materials Management and Finance (CP-80)

Materials Management and Accounting offers a two-dimensional view between day-to-day operations and project accounting. When do inventory transactions post? How is overhead applied to manufacturing orders and projects? How do I set up my materials modules to work with projects? In this session, discover the impact of the materials modules on Projects and the General Ledger.

Key areas of consideration:

• Sales Orders - Understand how the sales order supports project revenue and cost recognition.
• Inventory - Whose owns this inventory? Understand the options for tracking inventory regardless of ownership
• Overhead – Understand the flow of burden and the impact to the individual material transactions as well as the impact to the ledgers. 
• Reconciliation – Understand what and how to reconcile the Inventory ledger to the general ledger

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