Product cost without spreadsheets
Bills of materials, overhead allocation and actual cost at month close.
Situation
A small manufacturer calculates cost in spreadsheets, and the numbers differ from the books every month. Overhead is allocated by hand.
How it works
- 01Describe products with bills of materials and planned cost
- 02Release products and write off materials by bill of materials
- 03Set the bases for overhead allocation
- 04Close the month: planned cost is adjusted to actual cost
Result
The cost of each product comes from the books, defects and recyclable waste are recorded, and gaps between the spreadsheet and the balance sheet disappear.
Features in this use case
Production and costFrom the “Company” plan.
Inventory and stockFrom the “Company” plan.
Accounting periods and closeSimplified close on all plans, the wizard with routine operations from the “Accounting” plan.
Start with a bank statement
Upload last month’s statement and see your cash flow before setting anything up. If you need to move from 1C or work in several countries, we will show it on your data.