Cost Management Setup Check List

Step #	Description	Standard Costing	Average Costing	Project Mfg. Costing.
1	Set Cost Management Profile Options	Required	Required	Required
2	Set Cost Management Security Functions	Required	Required	Required
3	Define Cost Types	Required	Required	Required
4	Defining Activities and Activity Costs	Optional	Optional	Optional
5	Define Cost Groups	NA	NA	Required
6	Define Material Sub-Elements	Required	Required	Required
7	Define Overheads	Optional*	Optional*	Optional*
8	Define Material Overhead Defaults	Optional*	Optional*	Optional*
9	Associate Expenditure Types with Cost Elements	NA	NA	Required
10	Define Category Accounts	Optional	Optional	Optional
11	Associate WIP Account Classes with Category Accounts	Optional	Optional	Optional