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OPM Cost Management Online Training

Instructor
Laraonline2020
32,548 students enrolled
  • Description
  • Curriculum
  • Reviews

OPM Cost Management application is used by cost accountants to capture and review the manufacturing costs incurred in their process manufacturing businesses.The Oracle Process Manufacturing Cost Management application is used by cost accountants to capture and review the manufacturing costs incurred in their process manufacturing businesses.

Establish raw material, resource, and overhead costs and run the Standard Cost Rollup process. View and verify the costs. If the costs are correct, then complete all inventory transactions for the period and run the Inventory Close and Cost Update processes in the final mode.

Run the OPM Accounting Preprocessor and Create Accounting process to create accounting entries in the OPM Subledger. Use the Create Accounting process again to export the Subledger Journals to Oracle General Ledger.

Record and verify transactions. Run the Actual Cost process, view, and verify the costs. If the costs are correct, then run the Inventory Close and Cost Update processes in the final mode.

Using OPM Costing, you can maintain different costs for an item at different Inventory Organizations. If several organizations have the same cost, the Cost Organization Association can be used to share the same cost across these organizations, by eliminating the need for maintaining duplicate data.

Target Audience

  • Administrator
  • Analyst
  • End User
  • Implementer

Prerequisties

  • R12 Inventory Fundamentals
  • R12.x Oracle Inventory Management Fundamentals
  • Order Managemen

Why Should I choose Lara Online Training?

    • We provide Very in-depth course material with Real Time Scenarios for each topic with its Solutions for, OPM Cost Management Online Training.
    •  At Lara, we provide case studies in real-time applications with a professional explanation.
    •  We do Schedule the sessions based upon your comfort by our Highly Qualified Trainers and Real-time Experts.
    •  Class recordings are available immediately after the session for future reference.
    •  We do Normal Track, Fast Track, and Weekend Batches for OPM Cost Management Online Training.
    •  We assist you with cost Effective and Flexible Payment Schemes.
    •  At Lara, we provide Placement Assistance.
    •  We provide Assessment and Mock Interviews
opm cost management
Course details
Duration 30HRS
Lectures 94
Full lifetime access
Access on mobile and TV

EXCELLENT rating
Based on 16 reviews
It was great working and learning experience with krish on scripting issue. Communication with Management is very responsive and helpful and special thanks to krish for his patience.
sujith B
sujith B
2023-05-18
Trainer explained well.completed all topics and helped in technical issues
Laxmi M
Laxmi M
2023-01-29
Gulshan who is the trainer is very good at giving insights of the RPA and he is good on clearing all my doubts. The institute also helped me find the right trainer
Srivalli Anand Makkapati
Srivalli Anand Makkapati
2023-01-27
Thank you so much, Mr. Kishore, for the online IT training. That was a great experience with you. I have learned a lot from you. You are a very knowledgeable person and helpful in answering questions. I appreciate your replies to me promptly through text messages or email. I understand you overall.
Asif Jafri
Asif Jafri
2023-01-09
The explanation is excellent. Trainer explained with live examples and secenarios
Eswar vakada
Eswar vakada
2023-01-09
Excellent experience. Kishore is a valuable resource, Lara online training should be proud of him.
Nasir Javed
Nasir Javed
2023-01-09
that was a best practice and I have learned alot new things. thank you kishore
Muscle Passion
Muscle Passion
2023-01-09
Thank you so much for give us such a great training I learn a lot and it adds value to my knowledge If got a job I should be able to do it without any trouble thanks.
Mohammad Zahid_Qureshi
Mohammad Zahid_Qureshi
2023-01-09