This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturersfrom prototype manufacturing, shipping, and full production, through to financial reports.
Related to Cost Accounting: Accounting and Financial Management, Project Accounting, Consona/Relevant Business Systems, Manufacturing
Learn how a new solution provided more detailed cost accounting and billing information, increased customer satisfaction, and lowered IT operational costs.
Related to Cost Accounting: Accounting and Financial Management, End-User Query and Reporting, Time, Billing, and Invoicing, IBM
The first role of the corporate controller has been to ensure corporate financial controls and?as a distant second?make strategic business contributions. But the installation of on-premise enterprise resource planning (ERP) and accounting software meant that controllers? roles now involve financial software know-how. To achieve financial transformation, controllers need guidance and practical strategies. Learn more.
Related to Cost Accounting: Accounting and Financial Management, Budgeting, Financial Planning, and Analysis, Enterprise Resource Planning (ERP), Gain/Loss Reporting, IT Solutions Architecture, Management Practices, Standards and Compliance, Strategy, Tax Preparation and Reporting, Corefino
In August 2006, Microsoft conducted a Microsoft Dynamics AX 4.0 standard distribution benchmark to measure the performance and scalability characteristics of the application in a simulated distribution scenario. This benchmark exercised core accounts receivables scenarios around order entry through invoicing, in addition to procure-to-pay processes around purchase order creation through receiving of goods. We look at the methodology and results.
Related to Cost Accounting: Application Servers, Enterprise Resource Planning (ERP), IT Infrastructure, Microsoft
When choosing a payroll software vendor, there are numerous considerations that must be taken into account when narrowing down the choices. Obviously, you have to decide on a software that meets your needs within budget. However, it?s just as important to consider the other factors that can make a huge impact on the overall success of your payroll software selection.
Related to Cost Accounting: Decision Making, Human Resources, Payroll, Software Selection, Sage, Computer Systems Design and Related Services, Food Services and Drinking Places, Hospitals, Merchant Wholesalers, Nondurable Goods, Motion Picture and Sound Recording Industries, Paper Manufacturing, Petroleum and Coal Products Manufacturing, Primary Metal Manufacturing, Printing and Related Support Activities, Rental and Leasing Services, Social Assistance, Transit and Ground Passenger Transportation, Truck Transportation, Warehousing and Storage
For this reason, Global Shop is a complete package where accounting and manufacturing are all tied together in real time and in one single and easy to use database-it simply one-stop ERP shopping for us, and it makes cost accounting an important part of our daily management.
Related to Cost Accounting: Enterprise Resource Planning (ERP), Inventory Analysis and Planning, Inventory Management, Job Costing, Job Scheduling, Shop Floor Control, Tracking, Global Shop Solutions, Furniture and Related Product Manufacturing
Old-world quality is great for a chocolate manufacturer, but old-style business systems are not. Hauser Chocolatier learned this the hard way, struggling for years with DOS-based accounting software. Needing a seamless flow of information from a system that would accommodate Hauser?s unique pricing structure, the company chose Sage MAS 90. Find out how Hauser uses this accounting solution for more than just accounting.
Related to Cost Accounting: Accounting and Financial Management, Enterprise Resource Planning (ERP), Manufacturing Management, Process Manufacturing, Production Planning, Sage
For years, Sage MAS 90 ERP served Metrolina Greenhouses well as its accounting and distribution solution. But continued growth and expansion led it to seek a comprehensive warehouse management solution (WMS), to incorporate materials requirement planning (MRP) procedures and radio frequency identification (RFID) for better planning and control. Metrolina discovered Sage MAS 500 had the MRP software it needed. Learn more.
Related to Cost Accounting: Material Requirements Planning (MRP), Production Planning, Radio Frequency Identification (RFID) Tracking, Tracking, Warehouse Management System (WMS), Sage
Executive teams are under great pressure to maximize profitability, reduce costs, minimize risk, and improve stakeholder confidence. To be effective, they need reliable, up-to-date financial and operational data for planning purposes as well as budgeting, forecasting, analysis, and statutory and management reporting. Learn about software solutions that can help your organization plan, forecast, and budget more effectively.
Related to Cost Accounting: Budgeting, Financial Planning, and Analysis, End-User Query and Reporting, Forecasting, SAP
The basic spreadsheet and accounting programs you?ve relied on ?til now won?t help your growing business eliminate decision-making bottlenecks, reduce IT costs, increase productivity, or improve the customer experience. To do all that requires an enterprise-wide, integrated software system. Learn how an integrated system can help take your business to the next level, and how to ensure you get the right system for you.
Related to Cost Accounting: Accounting and Financial Management, Enterprise Resource Planning (ERP), Inventory Management, Management Practices, Project Accounting, Small Business Accounting, Spreadsheet, Supply Chain Management (SCM), Everest Software Inc.
Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in this economic environment is increasingly difficult. Upgrading to a next-generation enterprise resource planning (ERP) can be a way to manage change?and even benefit from it. Learn more about how to customize an on-demand ERP solution that?s right for you.
Related to Cost Accounting: Accounting and Financial Management, Enterprise Resource Planning (ERP), Inventory Management, Manufacturing Management, Master Planning/Production Scheduling (MPS), Operations Planning, Process Manufacturing, Small Business Accounting, Logo Business Solutions
Besides the fact that it provides a variety of costing approaches and supports a broad area of related functionality, a cost accounting structure should be adaptive and flexible enough to reflect changes in business structures and processes.
Related to Cost Accounting: Accounting and Financial Management, Enterprise Resource Planning (ERP), Software Selection, Technology Evaluation Centers
Areas for improvement for Bluebee would be the modules for SCM (Transportation Management, ITL, and Supplier Relationship Management) (see figure 9); Retail and POS (see figure 10); cost accounting under Financials; and HR.
Related to Cost Accounting: Decision Making, Discrete Manufacturing, Distribution and Warehousing, Enterprise Resource Planning (ERP), Hosting Services, Manufacturing Management, Software Selection, Technology Evaluation Centers, Manufacturing
Given that virtually all small and midsized businesses can benefit from business intelligence (BI) tools, the real question is how much of this technology constitutes a good investment of time and energy? Your need to determine what BI tools you really require to drill down and extract the key performance data that will make your company more efficient and profitable.
Related to Cost Accounting: Business Intelligence (BI), Compliance Management/Sarbanes-Oxley Compliance, On-line Analytical Processing (OLAP) and Multi-dimensional Analysis, Sage
Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they?re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You?ve got a lot of catching up to do?and very little time to do it.
Related to Cost Accounting: Enterprise Resource Planning (ERP), Process Manufacturing, Supply Chain Management (SCM), SAP, Beverage and Tobacco Product Manufacturing, Chemical Manufacturing, Manufacturing, Paper Manufacturing, Petroleum and Coal Products Manufacturing