Cost Accounting Features and Functions
Cost accounting analyzes corporate costs related to overhead, products, and manufacturing orders. It provides a variety of costing approaches such as standard, FIFO, LIFO, average, target, and activity-based costing (ABC). The software should support the following functionality: cost data; cost allocation definitions; cost allocation process; cost management; cost and sales price calculation; activity based costing (ABC); and activity based cost tracing and tracking.
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Cost Data
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Cost Allocations
Cost allocations are the identification and distribution of cost in a multipurpose project.
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Cost Allocation Processing
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Management of Costs
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Financials Features and Functions
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