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Cost Management Key Points

 To setup cost management , there are some key points that you have to consider:

1.For items, be sure which method to use before to start to process transactions. Once you start process, it is not that easy to change the method. So be sure what you need for the item. (FIFO, Average,standard etc.) 

2.Do not forget to fill the item cost prices if you use the standard costing.

3.Know how each costing method works in the system. Which method need monthly closure process or not etc.

4.In which level you would like to report cost. Per site or warehouse only or more detailed per storage level.

5.Decide how to setup the ledger integration.

May use the links below for details:

https://www.youtube.com/watch?v=vXzlC-mOBcg

https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/cost-management-home-page

https://docs.microsoft.com/en-us/learn/paths/get-started-cost-accounting-supply-chains-dyn365-finance/

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