You can start to break down your costs into a more granular level by assigning Cost Groups to your products. This allows the costing to lump costs together into costing buckets so that you can see them by product group, or type of product. This will also allow you to track costing changes by the costing groups.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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Once all of your base products have costs associated to them, you can use them to calculate your rolled up BOM costs.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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Once you have defined Calculation groups to your products, you can take advantage of them by performing mass updates of your costs through the Costing versions. This saves you a lot of time, and also makes the cost maintenance so much easier.

In this example we will show how to perform a mass cost calculation.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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Calculation groups are used to define how costs are calculated for individual products and also how costs are modeled based on other price and cost elements within Dynamics AX.

In this example we will show how to create a cost calculation group that will use the default purchase price as the basis.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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Every product that you are using should have a cost defined against it. In this example we will show how you can manually assign a cost to your Released Products within Dynamics AX.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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Costing Versions are used within Dynamics AX to store the costs of your products, and are also used by the BOM cost calculations as reference costs. You can have as many costing versions as you like and can separate them out as Standard, and Planned versions. You can use them to track historical costs, actual production costs, and also financial costs used for analysis.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

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