Vision R11.5.

8 Demo Script
Script Number: Script Name: Standard and Average Costing Methods vervie!
Demonstration b"ectives
This demonstration will exhibit the functionality of Oracle Standard Cost and Average Costing by: Standard Costs Defining an Item ( rior to the demonstration! "ntering a material cost # dating the cost to fro$en Creating a bill of material ( rior to the demonstration! %olling u the costs for the bill of material # dating the cost for the bill of material #sing the Cost mass edits for a cost change Create an item &erform a recei t for the item ort for &hantom Costing

Average Costs

#hat$s Ne! %n 11i

Su

&eriodic Average Costing (see scri t for &eriodic Average Costing! Confirmed ''()(*

&ain &oints Competitive &ositioning

)ntr* point + &rior Script +ill of ,aterial ),it point + Ne,t Script "CO ("ngineering Change Order!
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Scenario Script '(o!

Oracle Cor oration Com any Confidential / 1or internal use only

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Standard and Average Costing Methods

Detai(ed Demo Steps
Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

Access &ortal &age

&ortal

#ser 2ame: ,13 &assword: 4"5CO," %es onsibility: ,anufacturing and Distribution ,anager

Choose the res onsibility

S 8SA D,I 2

6onathan Smith7s ortal age will be dis layed The ,anufacturing and Distribution ,anager menu will be dis layed( If you use the same item it will s ea; to how we can have the same item in different organi$ations with not only different costs= but different costing methods( "very time a new item is entered= you have to enter a cost ty e other then fro$en then u date the cost ty e you have entered to a fro$en cost ty e(

Create a new item that you can enter the costs for

I29

"nter material costs for the item

Cost

See item creation if needed : ,a;e sure you enable the item in ,< so you can use the same item for the Average Cost ortion of the demo if needed( ,enu &ath: Cost + %tem Costs 0 %tem Costs Organi$ation: M1 In the 1ind Item>Cost Ty e form= clic; on the Ne! button( Item: .he Number 1ou Created( Cost Ty e: &ending Clic; on the Costs button(

A blan; form where you will enter the re?uired data will be dis layed(

The cost form will be dis layed( To ;ee it sim le= you may @ust want to enter a material dollar value( 8ou can get as com lex as re?uired by creating default overheads etc( At this time= 9ision does not have default overheads( If you are going to use this item in the bom= use easy to ex lain numbers( 4hile you are demonstrating the rocess ma;e a oint of the flexibility this form can rovide( 8ou can u date &age
0

On the Cost Information Tab= Cost "lement: Materia( Sub "lement: Materia( +asis: %tem2 %ate or Amount: 314.44 Clic; on the Save icon( # date the cost of the item from the &ending cost ty e to 1ro$en (a;a Standard! Cost(
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,enu &ath: Costs 0 %tem Costs + Standard Cost 5pdates 0 5pdate Costs Vision R11.5.8 Demo Script
Oracle Cor oration Com any Confidential / 1or internal use only

Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

9iew the results of the cost u date(

In the arameters form= acce t the defaults= exce t for: Cost Ty e: &ending Ad@ustment Account > Account Alias: Std Cost Var. Descri tion: )nter an*thing *ou !ish( Item %ange: Speci6ic %tem Sort O tion: %tem2 # date O tion: verhead7 resource7 activit*7 and item costs S ecific Item: )nter the number *ou are using( Clic; on the 8 button( Clic; on the Submit button( Clic; on the No button( ,enu &ath: Cost 0 %tem Costs 0 %tem Costs

costs by category= a range of items= material only or any number of combinations( Oracle allows you to erform as many u dates a day as needed : some "%& only allow one u date a day(

"nter you item number and clic; find

The new cost for the item should be dis layed in the fro$en cost field( This should be done rior to the demonstration beginning unless re?uested by the customer or you feel you should show the entire rocess( 8ou may get a single re?uest or re?uest set ?uestion : clic; on single : 8ou may have to search for the re ort : Clic; on the list of values on the re ort field and choose the +ill of ,aterial with re ort selection( ,a;e sure you have a +O, defined rior to erforming this( ,a;e sure that you have defined the cost elements that will be used in the cost ty e rior &age
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Create a +ill of ,aterial 1or Cost %oll u

+O,

See the +ill of ,aterial Scri t if needed

%oll u the Cost for the +O,

8ou can access the %oll u from two laces : if you are doing it from the +O, : #se the Tools &ull Down ,enu and select %ollu Costs : If you are going to do it from the Cost : Item Costs : Assembly Cost %oll # s( "nter the Cost Ty e you would li;e to roll u within( Select the roll u o tion Vision R11.5.8 Demo Script

This will call u the &arameter form

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Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

"nter a single item "nter the re ort ty e you would li;e "nter the routing and detail data such as levels etc and the rest of the re?uired data 9iew the new cost for the item Costs / Item Costs : 9iew Costed Indented +ills "nter your bom number Chec; Dis lay Cost and select Ty e In the Costing Tab the new cost roll u should be dis layed(

to erforming the assembly cost roll u ( This is a good lace to s ea; about the unlimited simulation ca abilities users can have to roll u costs(

# date the cost of the item from the &ending cost ty e to 1ro$en (a;a Standard! Cost(

9iew again if needed

,enu &ath: Costs 0 %tem Costs + Standard Cost 5pdates 0 5pdate Costs In the arameters form= acce t the defaults= exce t for: Cost Ty e: &ending Ad@ustment Account > Account Alias: Std Cost Var. Descri tion: )nter an*thing *ou !ish( Item %ange: Speci6ic %tem Sort O tion: %tem2 # date O tion: verhead7 resource7 activit*7 and item costs S ecific Item: )nter the number *ou are using( Clic; on the 8 button( Clic; on the 8 button( Clic; on the 8 button( Clic; on the Submit button( Clic; on the No button( Costs / Item Costs : 9iew Costed Indented +ills

4hile you are demonstrating the rocess ma;e a oint of the flexibility this form can rovide( 8ou can u date costs by category= a range of items= material only or any number of combinations( Oracle allows you to erform as many u dates a day as needed : some "%& only allow one u date a day(

"nter your bom number

In the Costing Tab the new cost roll u &age

A

Vision R11.5.8 Demo Script

%evised: -./S"&/0--0 Oracle Cor oration Com any Confidential / 1or internal use only

Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

Chec; Dis lay Cost and select Ty e Show the simulation ca abilities of the ,ass "dit Cost Information Costs : Cost ,ass "dits : ,ass "dit Cost Information

should be dis layed(

The arameters form will be dis layed

"x lain the fields re?uired with s ecial em hasis on the cost ty e : cost amount : ercentage u dates and com arison cost ty es

Average Cost # dates

Define an item to use

Inv

"nsure you are in Inventory Organi$ation ,< / Cost : Change Organi$ation See the Item Creation Demo Scri t if need be

Select ,< : Dallas

8ou may get a single re?uest or re?uest set ?uestion : clic; on single : 8ou may have to search for the re ort : Clic; on the list of values on the and ex lain the different re ort o tions : then select ,ass "dit ,aterial Costs This is a ?uic; was for clients to see what would ha en if they ex ected a '-B increase in a commodity( If they have defined that commodity as a category they can see right away what the ex ected cost im act will be( This is a great tool for simulations and should be highlighted( Again= Oracle allows users to erform as many cost roll u s and cost u dates as needed in a day( 8ou may also wish to tal; about the co y cost o tions at this oint as well( A ?uic; way to co y costs of items from one Organi$ation to another or from one item to another( ,a;e sure the transaction managers are running for this ortion of the demonstration( If you are doing the entire demo and showing Standard and Average Costing you can use the same item number you used in the standard costing demo as long as you have enabled the item in ,<( 8ou will be entering the initial cost for the item through this form( &age

Define the initial cost through Costing

9N .): Be sure your item has onhand inventory. Cost :Item Costs / Average Cost # date : # date Costs Vision R11.5.8 Demo Script

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Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

Ceader ty e data

Cost u date form : Transaction Change Tab

Ty e D Average Cost u date Ad@ustment Account D ,isc (or whatever you would li;e! "nter the item number (cost grou if a licable! and the new average cost(

,a;e sure the cost transaction manager is running : it is set to run every <- minutes as a default and this will delay the u dates( 8ou may want to set it to run every minute or so during the costing ortion of the demo(

+y using cost grou s com anies are able to ;ee very close to actual costs for s ecific items as they will be able to have an average cost for the cost grou as o osed to an average cost for the organi$ation( This form can also be used to u date average costs for items in inventory( 8ou can change the cost or a ercentage of the cost If you enter an item you will see the current average cost and the total value( 8ou enter a new cost : clic; on cost elements and see the details(

Accounts tab

9alue Changes tab

Comments tab Save the transactions 9iew the new average cost Cost : Item Costs : Item Costs

4ill be defaulted from set u s 4ill show the total inventory value change 1ree form text for what ever you need( "nter the item number you have been wor;ing

The new average cost will be dis layed(

Vision R11.5.8 Demo Script

%evised: -./S"&/0--0 Oracle Cor oration Com any Confidential / 1or internal use only

&age

Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

with "nter the cost via transactions Inv Inventory : Transactions : ,iscellaneous Transactions : Clic; on transaction lines "nter the Item number Ty e D ,isc( %ecei t 4e are using the ,isc( %ecei t transaction for ease of use : you may create a urchase order for the item if you wish to serve the same function(

"nter any sub inventory "nter the ?uantity "nter account

The item number you have been wor;ing with Stores ',iscellaneou s '-(-"nter the item number you have been wor;ing with Ty e D ,isc( %ecei t The new average cost will be dis layed(

9iew item costs

Cost

"nter the unit cost Save the transaction Cost : Item Costs : Item Costs

# date Item cost with a different value transaction

Inv

Inventory : Transactions : ,iscellaneous Transactions : Clic; on transaction lines "nter the Item number

4e are using the ,isc %ecei t transaction for ease of use : you may create a urchase order for the item if you wish to server the same function(

"nter any sub inventory "nter the ?uantity

The item number you have been wor;ing with Stores '&age
E

Vision R11.5.8 Demo Script

%evised: -./S"&/0--0 Oracle Cor oration Com any Confidential / 1or internal use only

Standard and Average Costing Methods

Demo Step Modu(e Navigation - Action Va(ues ),pected Resu(t .a(/ing &oints

"nter account

,iscellaneou s )(-"nter the item number you have been wor;ing with "nter the item number you have been wor;ing with The new average cost will be dis layed(

9iew item costs

Cost

"nter the unit cost Save the transaction Cost : Item Costs : Item Costs

9iew Item Costs Cistory

Costs : Item Costs : Item Cost Cistory

8ou will now be able to see the transactions that have created the average cost(

Vision R11.5.8 Demo Script

%evised: -./S"&/0--0 Oracle Cor oration Com any Confidential / 1or internal use only

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Standard and Average Costing Methods

:uide(ines and .ips
Demo :uide(ines 4hile this is one demo scri t : it can be bro;en into two se arate demonstration scenarios= one for Standard Costing and One for Average Costing( In large com anies with many organi$ations= you may want to show both the average and standard costing with the same item to show we can have an item with different costs as well as organi$ations with different costing methods( ,a;e sure the cost manager (interface managers! is running( 8ou may wish to set it to run every minute or so for costing demos( 4or; with the rest of your demo team to ma;e sure that you can come to an acce table agreement on how often to run the cost transaction manager( This will have an effect on the s eed that costs are dis layed(

Some topics *ou ma* !ish to revie! prior to the demo are (isted be(o!. .hese can be 6ound in the user manua(s as !e(( as in the on(ine he(p te,t. The Oracle Conce The Oracle Conce The Oracle Conce The Oracle Conce The Oracle Conce The Oracle Conce The Oracle Conce t of Cost Ty e t of cost "lements t of Sub "lements t of Activity Costing t of Default Overheads t of De artments t of %esources(

Document Contro(
Date Author Version Change Re6erence

-./Se /-0 0</Oct/-<

David Dosland David(Dosland

''()(F v'(''()(* v'(-

# dated for ''()(F roduct changes( # dated for ''()(* roduct changes(

Vision R11.5.8 Demo Script

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