Enterprise resource planning terminology
Backflush accounting is a subset of management accounting focused on types of "postproduction issuing;" It is a product costing approach, used in a Just-In-Time (JIT) operating environment, in which costing is delayed until goods are finished. Backflush accounting delays the recording of costs until after the events have taken place, then standard costs are used to work backwards to 'flush' out the manufacturing costs. The result is that detailed tracking of costs is eliminated. Journal entries to inventory accounts may be delayed until the time of product completion or even the time of sale, and standard costs are used to assign costs to units when journal entries are made. Backflushing transaction has two steps: one step of the transaction reports the produced part which serves to increase the quantity on-hand of the produced part and a second step which relieves the inventory of all the component parts. Component part numbers and quantities-per are taken from the standard bill of material (BOM). This represents a huge saving over the traditional method of a) issuing component parts one at a time, usually to a discrete work order, b) receiving the finished parts into inventory, and c) returning any unused components, one at a time, back into inventory. It can be argued that backflush accounting simplifies costing since it ignores both labour variances and work-in-process. Backflush accounting is employed where the overall business cycle time is relatively short and inventory levels are low. Backflush accounting is inappropriate when production process is long and this has been attributed as a major flaw in the design of the concept. It may also be inappropriate if the bill of materials contains not only piece goods but also many parts with more or less variable consumption. If the parts with variable consumption are just a few, like grease or the ink used to print product-labels, the consumed quantities can be assigned to product-independent cost centers at the withdrawal from stores (preproduction issuing) and can eventually be broken down afterwards to specific products or product groups, just like any other indirect or overhead expense. Difficulties maintaining correct inventories on shop floor may also appear if it is usual practice to use alternative materials and/or quantities without needing derogation.Therefore, in case of a more complex production system, it is a better approach to use a Manufacturing Execution System (MES) which gathers real production data and is able to deliver exact data to the accounting software or Enterprise resource planning-system where the goods issue is recorded. Thus, variances in consumption, in comparison to the standard bill of materials, are taken into account and assigned to the correct product, production order and workplace. Another advantage of using a MES is that it implements also the Production Track & Trace and the status of work in progress is also known in real time. A disadvantage of MES is that it is not suitable for small series or prototype production. Such type of production should be segregated from the series production and mass production. (Wikipedia).
The “Secret” to Acquiring Tons of Backlinks [7.3]
In this video, you’ll learn the little-known secret to acquiring backlinks. *************************************** Additional Blogging Resources Blogging For Business Course (Complete Playlist) ► https://www.youtube.com/watch?v=y5kQXogrLN0&list=PLvJ_dXFSpd2tbI3mYhAO8oZ2NYMrJuNPq&index=1
From playlist Blogging for Business Course
Backtracking Algorithm | Introduction To Backtracking | Data Structures & Algorithms | Simplilearn
This video gives an introduction to backtracking that could help you prepare for competitive programming. This backtracking algorithm tutorial aims to help learn data structures and algorithms. This video will cover the following concepts: 00:00 Introduction to Backtracking Algorithm 0
From playlist Data Structures & Algorithms
Backtesting : Time Series Talk
trying out stock trading strategies on historical data! Link to Code : https://github.com/ritvikmath/YouTubeVideoCode/blob/main/Backtesting.ipynb Cross Validation : https://www.youtube.com/watch?v=wjILv3-UGM8 My Patreon : https://www.patreon.com/user?u=49277905 0:00 Intro and Definitio
From playlist Time Series Analysis
Backpropagation : Data Science Concepts
The tricky backprop method in neural networks ... clearly explained! Intro Neural Networks Video : https://youtu.be/xx1hS1EQLNw
From playlist Data Science Concepts
Get a New Perspective on the world with HowStuffWorks.com
From playlist Classic HowStuffWorks
Watch more videos on http://www.brightstorm.com/math/geometry SUBSCRIBE FOR All OUR VIDEOS! https://www.youtube.com/subscription_center?add_user=brightstorm2 VISIT BRIGHTSTORM.com FOR TONS OF VIDEO TUTORIALS AND OTHER FEATURES! http://www.brightstorm.com/ LET'S CONNECT! Facebook ► https
From playlist Geometry
Do you Always Need Backlinks to Rank? [7.1]
In this video, you’ll learn if you need backlinks to rank in Google or if there are ways to rank without building them. *************************************** Additional Blogging Resources Blogging For Business Course (Complete Playlist) ► https://www.youtube.com/watch?v=y5kQXogrLN0&li
From playlist Blogging for Business Course
What are Backlinks and Why are They Important?
What are backlinks and why are they important for SEO? How do you check them and how do you get more of them? You’ll find out in this tutorial. *************************************** Additional Link Building Resources SEO For Beginners: A Basic Search Engine Optimization Tutorial for H
From playlist Link Building Tutorials (Step-By-Step)
How to Create Content That Attracts Backlinks [7.2]
In this video, you’ll learn how to create content that attracts backlinks. *************************************** Additional Blogging Resources Blogging For Business Course (Complete Playlist) ► https://www.youtube.com/watch?v=y5kQXogrLN0&list=PLvJ_dXFSpd2tbI3mYhAO8oZ2NYMrJuNPq&index=1
From playlist Blogging for Business Course
Accounting Lecture 09 - Accounts Receivable and Uncollectible Accounts
From the free study guides and course manuals at www.my-accounting-tutor.com. Accounting for uncollectible accounts and account write-offs using the Direct Write-Off and the Allowance methods. Bad debt expense entries, the subsidiary Accounts Receivable ledger, and net realizable value.
From playlist Accounting Lectures
Accounting Lecture 06 - Closing Entries
From the free study guides and course manuals at www.my-accounting-tutor.com. Closing entries for sole proprietorships and corporations.
From playlist Accounting Lectures
Accounting Lecture 03 Part I - Debits and Credits
From the free study guides and course manuals at www.my-accounting-tutor.com. Introduction to debit and credit entries in accounting systems. The "rules" regarding debits and credits, why they are used, and what they represent.
From playlist Accounting Lectures
Manage User Accounts (Chapter 2)
Visit http://oreilly.com/catalog/9780735626676/ to download practice files for this video presentation by Mike Halsey, and to buy "Windows® 7 Step by Step" by Joyce Cox and Joan Lambert. Learn how to manage user accounts: 1.) Understanding User Accounts and Permissions 2.) Creat
From playlist Microsoft® Windows® 7 Step by Step Videos
Accounting Lecture 03 Part II - Debits & Credits, Continued
From the free study guides and course manuals at www.my-accounting-tutor.com. An introduction to debit and credit entries in accounting systems and to the trial balance. Part II of two parts.
From playlist Accounting Lectures
GCP Billing | Explore your GCP Costs with Billing Reports | Google Cloud Platform Training | Edureka
🔥 Edureka Google Cloud Certification training (𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐘𝐎𝐔𝐓𝐔𝐁𝐄𝟐𝟎) : http://www.edureka.co/google-cloud-architect-certification-training This Edureka video on '𝐆𝐂𝐏 𝐁𝐢𝐥𝐥𝐢𝐧𝐠' will give you an overview of Billing service in Google Cloud Platform and will help you understand various importa
From playlist Google Cloud Platform Tutorials | Edureka
SQL Server Security Tutorial | Administering MS SQL Server 2012 Databases | 70-462
🔥Full Stack Developer - MEAN Stack:https://www.simplilearn.com/full-stack-web-developer-mean-stack-certification-trainingg?utm_campaign=SQLServerSecurity-zPbMKmdFwnY&utm_medium=DescriptionFF&utm_source=youtube 🔥Caltech Coding Bootcamp (US Only): https://www.simplilearn.com/coding-bootcamp?
From playlist MS SQL Server Tutorial Videos
Accounting Lecture 02 Part 1 - Recording Transactions
From the free study guides and course manuals at www.my-accounting-tutor.com. Recording basic transactions in an accounting system. Concepts and procedures pertaining to the accounts that are used in recording transactions and in preparing the financial statements. Part 1 of 2 parts.
From playlist Accounting Lectures
Accounting Lecture 02 Part II - Transactions and Statements
From the free study guides and course manuals at www.my-accounting-tutor.com. Recording basic transactions and preparing financial statements. Conclusion of Lecture 02, this is Part II of two parts..
From playlist Accounting Lectures
DeepSec 2013: Trusted Friend Attack: Guardian Angels Strike
For more information and to download the video visit: http://bit.ly/DS13_info Playlist Deepsec 2013: http://bit.ly/DS13_pl Speaker: Ashar Javed Ashar Javed (Chair of Network & Data Security, Ruhr University Bochum, Germany) explains the concept of the Trusted Friend Attack at DeepSec 201
From playlist DeepSec 2013
Sudoku solvers: backtracking or logic?
While writing a sudoku solver - which would be more efficient, backtracking or logic? Let's run experiment and find out. Source code: https://drive.google.com/drive/folders/1kHyeVZyF8Q5uFXL0b1nq5WIIop_QrhQ1?usp=sharing Sudoku Universe on Steam: https://store.steampowered.com/app/733070/
From playlist Simulations