Understanding Production Analysis
PeopleSoft Cost Management enables you to manage and evaluate cost performance. When you are in the process of manufacturing items, you can generate inquiries and reports that depict potential production variances and that notifies the appropriate individuals of the variances through workflow. After you close production to accounting, you can run detailed reports that analyze production variances and WIP inventory value.
Before using this topic, review the closing production and reopening production sections of the PeopleSoft Manufacturing.