Understanding Costing Setup

Before you use the JD Edwards EnterpriseOne Blend Management system, you must set up information that the system uses during processing. The costing setup enables you to accommodate specific business requirements and set up default values that can save time when you are processing transactions. For example, you must set up the AAIs in order to process journal entries to the appropriate accounts.

You set up the system to attach costs to the entities that you use when you perform an operation on a lot of wine. This enables you to attach costs to an operation for vessels, dry goods, equipment, quality analysis tests, staff, and so forth. Each time an operation, such as a crush or tank-to-tank movement, takes place on a lot of wine, the system attaches those costs to the lot of wine. The system applies these costs to various general ledger accounts, depending on how you set up the system.

You must set up costing information in this order:

1. Cost components.

2. Cost groups.

3. GL category cost group cross-reference.

4. EUR accounting groups.

5. Owner accounting groups.

6. AAIs.