“Whipping Your WIP into Shape” is an interactive series of on-line sessions to educate and energize you about the work orders in Visual ERP. This is where IT all happens. Where the operations do their work but also where the money is made (or lost). These sessions will not just tell you how work orders work but it will delve into the financial area of tracking work orders. We will cover:
- The 15 different ways costs can be added to work orders. Are there some you could be using to make work orders more accurate or make the efforts easier?
- The 5 benefits of using estimates or the downfalls of missing and incorrect estimates
- The top 5 things that operations do that impact finances, especially at month-end. And spoiler alert, some of these are bad.
- The underpinnings of Visual so you know how & where Visual ERP gets the accounts and amounts.
Who is this course for?
- CFO’s, Controllers, Accounting Managers
- Cost Accountants, Financial Analysts
- Production Managers, Plant Managers, Process Engineers
- Business Owners
- Anyone who is curious or obsessed with understanding more about Visual’s Work In Process: costing, control and profitability.
The real beauty of the course is that the finance & operations folks can now talk the same language. The mysteries will be eliminated. Everyone will have a better appreciation of each other’s jobs and how things are working in Visual ERP.
Kim Worrall
Certified Instructor
One Time Tuition
$997.00
6 months of access
Session 1 Manufacturing Foundation for Visual’s Cost Accounting
Introduction, Costing Decisions
Lesson 1 of 4 within section Session 1 Manufacturing Foundation for Visual's Cost Accounting.
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Lesson 2 of 4 within section Session 1 Manufacturing Foundation for Visual's Cost Accounting.
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Maintenance Files Continued
Lesson 3 of 4 within section Session 1 Manufacturing Foundation for Visual's Cost Accounting.
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Lesson 4 of 4 within section Session 1 Manufacturing Foundation for Visual's Cost Accounting.
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Session 2 Transaction Types and Costing Utilities
Lesson 1 of 4 within section Session 2 Transaction Types and Costing Utilities.
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Material Issues, Labour Tickets
Lesson 2 of 4 within section Session 2 Transaction Types and Costing Utilities.
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Lesson 3 of 4 within section Session 2 Transaction Types and Costing Utilities.
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Lesson 4 of 4 within section Session 2 Transaction Types and Costing Utilities.
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Session 3 WIP Reporting and Research
Lesson 1 of 3 within section Session 3 WIP Reporting and Research.
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Group Exercise, WIP Balance Report
Lesson 2 of 3 within section Session 3 WIP Reporting and Research.
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Work Order Cost Accuracy, WIP Balance Report
Lesson 3 of 3 within section Session 3 WIP Reporting and Research.
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Session 4 General Ledger Setup and Accuracy
Lesson 1 of 4 within section Session 4 General Ledger Setup and Accuracy.
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GL Interface Table, Posting Hierachy
Lesson 2 of 4 within section Session 4 General Ledger Setup and Accuracy.
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WIP Account on Purchase Order
Lesson 3 of 4 within section Session 4 General Ledger Setup and Accuracy.
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Lesson 4 of 4 within section Session 4 General Ledger Setup and Accuracy.
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Session 5 WIP Costing Method and Work Order Cost Layers
WIP Costing Decisions and Impact on Estimates
Lesson 1 of 4 within section Session 5 WIP Costing Method and Work Order Cost Layers.
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Work Order Tables and Terminology
Lesson 2 of 4 within section Session 5 WIP Costing Method and Work Order Cost Layers.
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Inventory Trans Not Updated With Final Work Order Costs
Lesson 3 of 4 within section Session 5 WIP Costing Method and Work Order Cost Layers.
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Cost Analysis Tools For Work Orders
Lesson 4 of 4 within section Session 5 WIP Costing Method and Work Order Cost Layers.
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Session 6 Reset Standards, Researching, Reversing and Recap
Lesson 1 of 4 within section Session 6 Reset Standards, Researching, Reversing and Recap.
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Researching Work Order Costs
Lesson 2 of 4 within section Session 6 Reset Standards, Researching, Reversing and Recap.
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Reversing Work Order Transactions
Lesson 3 of 4 within section Session 6 Reset Standards, Researching, Reversing and Recap.
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Lesson 4 of 4 within section Session 6 Reset Standards, Researching, Reversing and Recap.
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