Accurate calculation and posting of manufacturing costs in ERP system
Advanced Cost Allocations for Microsoft Dynamics 365 Business Central enables the accurate calculation and posting of manufacturing costs through cost allocation, cost variance allocation, and parallel posting functionality. The application provides manufacturing companies with a precise valuation of the actual costs of manufacturing finished products.
With Advanced Cost Allocations, Business Central users can keep cost records based on cost types and calculation types and allocate the costs to the appropriate general ledger accounts according to defined or calculable reclassification keys. The calculation of the actual manufacturing costs takes into account the variances between the standard and actual manufacturing costs. Costs are settled on open production orders or by adjusting the value of production output.
The application provides a perfect balance between ergonomics and functionality, allowing you to independently set up the accounting, posting and valuation rules for manufacturing costs without the need to make additional system modifications or engage external consultants.
Advanced Cost Allocations is compliant with Polish law in the scope of manufacturing cost accounting. Compliance with local requirements valid in other countries is provided within implementation projects.
