SureERP
Thứ 7, Ngày 24/01/2015, 11:00
Costing
24/01/2015

COSTING

Costing module allows the business management to drilldown to each product cost element, assisting the strategic decision making process regarding cost-cutting, reducing price, thus leveraging competitive advantage.

Flexible and diverse costing methods:

A business can utilize different costing types:

  • Standard costing
  • Operation costing
  • Accounting costing

In accounting costing, SureERP allows the full use of various pricing methods: factory costing, step costing, etc.

Integrated with Production&Planning module:

Data on inventory goods, WIP and unfinished goods can be queried directly from Manufacturing module without end-of-cycle reporting. This ensures data consistency between Manufacturing and Price accounting.

Conforms to Vietnamese costing norms:

Not only does SureERP supports productions costing like any other ERP system, but it also fulfills Vietnamese business cost accounting needs.

SureERP-costing.png 

Product cost elements

BENEFITS:

  • Quickly and accurately calculate cost of products and semi-products.
  • Minimize employees' stress and time taken at the end of fiscal cycles.
  • Determine each cost element percentage.
  • Determine scrap cost percentage in total product cost.
  • Compare product cost fluctuations, drilled down to cost items.
  • Full integration with Accounting and Production & Planning modules.
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