Keeping track of the dollars and how they move through the software while parts are moving through the shop is a detailed experience. Not only the costs of parts but the cost of labor and the overhead of running the shop can and often are absorbed into the cost of creating new items for sale. And then Variances occur! MS Dynamics GP does an excellent job of tracking manufacturing costs, if it is set up properly. In this session, we will introduce you to the concepts used in GP manufacturing for cost management and show you a bit on how to determine the reasons for those variances.
