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Supply Chain 101: The Basics You Need to Know
Today’s manufacturers face increasing global competition and complex manufacturing networks. Supply chain management provides manufacturers with the needed

cost accounting basics  lower manufacturing and distribution costs throughout the supply chain. General Supply Chain Model Figure 1. General supply chain model. Figure 1 depicts the entire supply chain, including manufacturers and distributors. The first thing to note is that many types of manufacturing and distribution models can be developed because of the generality of the model. As well, there can be as little as two parties involved in the supply chain, or many different manufacturing and distribution partners located in Read More
PLM for the Fashion Industry
Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fa...
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Documents related to » cost accounting basics


Cost-justifying Warehouse Management Technologies in Small and Midsized Warehouses
The warehouse management system (WMS) concept has matured into a collection of time-tested technologies that reduce inventory costs and increase overall

cost accounting basics  are easily a $50 cost each. So, even if we are extremely conservative, and use only 7 errors a day as significant , (which is 98.83% accuracy) at $50 each, our costs come to $350 a day; multiplied by 22 working days, $7,700 a month and $92,400 per year .This alone can justify the investment in Sage Accpac WMS. Next, let's consider the direct saving in labor gained from eliminating the manual rekeying of data in the accounting department. Ask your accounting clerk how long it takes to type in the freight Read More
Big ERP vs. Tier 2 ERP - Is the Gap in Functionality as Big as it Appears?
Recently, we have witnessed Infor’s aggressive advertising campaign against its bigger rivals that are conjointly called “Big ERP,” where it is blaming them for

cost accounting basics  more agile, and less costly. This also applies to the small and medium size ERP market, where Big ERP vendors have been trying to aggressively invade in the last few years. I was interested to see what the difference was, by having the opportunity to compare features and functions of not only software products but groups of them. The Experiment I created a new project in TEC Advisor, TEC’s online evaluation system , using as an example the discrete manufacturing ERP model, and selected some ERP Read More
Finance Transformation and Routine Accounting: Enabling the Corporate Controller’s Role as a Strategic Contributor
The first role of the corporate controller has been to ensure corporate financial controls and@as a distant second@make strategic business contributions. But

cost accounting basics  | Computer Accounting | Cost Accounting | Easy Accounting | Expense Accounting | FASB Accounting | Financial Accounting | Free Accounting | Fund Accounting | General Accounting | Intercompany Accounting | Inventory Accounting | Investment Accounting | Learn Accounting | Less Accounting | Management Accounting | Online Accounting | Operating Accounting | Payroll Accounting | Project Accounting | Revenue Accounting | Simple Accounting | Small Business Accounting | Tax Accounting | Why Accounting | ERP Read More
Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises
In plain, easy-to-follow language, finance accounting solutions buyer's guide for small to medium enterprises will bring you up to speed in the bas...

cost accounting basics  solution; and the different cost considerations. You'll even get a buyer's checklist—a list of key questions to ask before you buy. With your ERP system—the information backbone of your business—you want to be absolutely sure you make the right selection . Download your copy of Finance Accounting Solutions Buyer's Guide for Small to Medium Enterprises today.   For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: +1 514-954-3665, ext.367. Special Offer Files 2009 Read More
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

cost accounting basics  You Bring Cost Down through Better Inventory Management? In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing , with regards to the overall supply chain network. The most effective way of cost reduction in supply chain is through the collaborative effort of the whole organization. As discussed previously, the supply chain has various areas where cost reduction can be done, but for this blog, I want to focus on cost reduction with better or best Read More
State of the Art in TCO: Managing the Total Cost of Ownership
Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate

cost accounting basics  TCO: Managing the Total Cost of Ownership Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions. Read More
Accounting and Small Business Software
Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization@s financial operations. These

cost accounting basics  payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and financial reporting) also integrate with their accounting system. Read More
GMS Accounting and Financial Management System
The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not

cost accounting basics  ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees. Read More
Your Reference Guide to SMB Accounting Software Features
This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It

cost accounting basics  cost distribution reports, maintenance cost analysis, and detailed fleet maintenance analysis. 8. Order Entry Order Entry (Set Up) Order entry is not just about taking orders and subsequently shipping goods. There are many other activities you need to consider when you set up an order entry system. This category covers some of those functions and activities. Order Receipt The process of receiving an order can be simple or it can be complex, depending on the nature of the order, how it is recorded, and Read More
Technology Hardware Maintenance-Acquiring and Managing Cost Effective Service
Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance

cost accounting basics  Hardware Maintenance-Acquiring and Managing Cost Effective Service Introduction Who likes getting their car serviced? No one does, but the need for dependable transportation requires us to maintain our cars. A similar situation applies to maintaining a portfolio of technology hardware. The business depends on its reliability, so we must maintain it. This article focuses on how an organization acquires and manages that maintenance service cost-effectively. Identify the Enterprise Portfolio The first step Read More
Transforming Your Organization? Start with Accounting
Before the lean enterprise paradigm swept across the manufacturing industry, I doubt many business people would have considered accounting as a serious tool for

cost accounting basics  instead of relying on cost cutting to “fix” a financial report. Certainly, the three given examples of accounting impact points are not the whole story. The review and reassessment of an entire accounting framework will inevitably lead to changes in an organization’s other business processes as well. When accounting practices are aligned with an organization’s processes and goals, the financial statements they produce enable better attuned managerial decisions, improving long-term business Read More
Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode ERP Certification Report
The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of

cost accounting basics  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for mixed-mode manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
Banking Industry's Fair Value Accounting (FVA) Conundrum
Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value

cost accounting basics  Industry's Fair Value Accounting (FVA) Conundrum Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping in market value. Some unemployed households are obliged to walk away Read More
Hayden Concrete Casts Solid Accounting Structure with Sage 100 ERP


cost accounting basics  Concrete Casts Solid Accounting Structure with Sage 100 ERP Read More

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