Setting Up Cost Components

Access the Edit Cost Components form.

Cost Component

Enter a user-defined cost that identifies a cost bucket into which the system accumulates costs. The system summarizes individual rates defined for a Cost Group by Cost Component. The system costs lots at the Cost Component level. A rate is defined as a cost per unit or cost per unit per period. You can use the same cost components for the JD Edwards EnterpriseOne Grower Management and Blend Management systems. For example, you can accumulate all labor costs, whether for farm labor or cellar labor, into the same cost component.