FA. Continuous-Production Costing

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Guide

“Continuous-Production Costing” module helps to aggregate and calculate cost of continuous production. You are enabled to select simple or complicated multi-step costing, cost can be directly aggregated or allocated or both with varied allocation criteria – by material, salary, output… Reports support cost structure analyzing in detail. Besides, according to requirement, FAST will make necessary customization to meet the specific requirements of product costing of each business.

Function menu

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Main functions

  • Cost factors declaration
  • Accounting department, plant declaration
  • Bill of material declaration
  • Allocation coefficient declaration
  • Conversion coefficient of standard product declaration
  • Input data of project, work, order and manufacturing order
  • Section transfer out implementation
  • Cost aggregation and allocation detailed by material
  • Cost aggregation and allocation by coefficient
  • Product costing
  • Cost adjustment and update
  • Cost transfer to WIP account.

Reports

  • Section transfer out sheet
  • Section transfer in sheet
  • Transaction list by product
  • Material transaction list by product
  • Cost summary by product
  • Material cost summary by product
  • Cost of product card
  • Product cost detailed by material
  • Cost of product sheet (3 forms)
  • Cost of product summary by cost factor
  • Bill of material
  • BOM and actual material comparison

Sample of product costing report

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Last Updated Wednesday, 30/10/2013, 13:59:35, (GMT+7)  

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