Understanding Cost Component Setup

This diagram illustrates the setup for cost components and cost groups:

You set up cost components and cost groups to track operational costs of the entities that you use to produce your crop. You define the unit cost on the cost group. You use the cost component that is associated with the cost group to retrieve the unit cost.

You set up the system to attach costs to the operations that you use when growing crops. This enables you to attach costs to farming, spray, quality, harvest, or weigh tag operations. When you set up entities for which you want to retrieve costs, you associate the entity with the appropriate cost group. Each time an operation, such as spraying your crop, takes place the system attaches those costs to the harvest.

Cost components are created to account for the cost of items that are associated with the harvest. For example, costs for producing a crop may include planting, tilling, irrigating, and picking. For JD Edwards EnterpriseOne Grower Management costing, cost groups are often attached to:

• Configured operations

• Equipment

• G/L category cross-reference

• Staff (resources)