Cost Accounting

Cost Accounting

Work order and sales order transactions accumulate costs to Work in Process and Cost of Goods Sold ledger accounts. Cost Accounting delivers real-time standard to actual analysis. Cost Accounting provides a number of estimates to complete/estimate at complete cost analysis reports including:

  • Master Order Job Cost Detail Report
  • Master Order Job Cost Summary Report
  • Sales Order Job Cost Detail Report
  • Sales Order Job Cost Summary Report
  • Sales versus COS (Export/Domestic)
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Variance Accounting and Write Off

Automated cost variance or cost recognition can be applied, resulting in the generation and posting of required journal entries to properly recognize accumulated cost.


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