Comparison of Profitability of Multiple Projects

After you have defined all of the costs for different projects, you can combine the costs to determine the profitability of a project and then compare its profitability to that of other projects. For example, if your company manufactures bicycles, you can compare the profitability of all models from the simplest road bicycle to the most expensive racing bicycle.

To compare the profitability of items by cost objects, use the financial reports provided by JD Edwards EnterpriseOne Advanced Cost Accounting. In the example, cost objects are the different models of bicycle.