| FlexGen 4 Advanced
Costing Analysis provides complete and realtime
management of all the factors of production
including labor, material, out-plant service
and overhead. Our flexible costing methodology
allows you to select between actual, moving
average or standard costing. For each work
order, a detailed online history of all
costs is automatically created as valid
charges are posted to production. Immediate
feedback to production control of cost overruns
and inefficiencies is available to correct
problems when they occur, not when the job
is completed. Advanced Costing Analysis
is tightly integrated with order entry,
production planning, inventory control and
shop floor control, to assure optimum productivity
and customer service.
In addition to numerous online costing
reports, you can take advantage of special
management facilities, including a means
of reconciling cost variances and overruns
incurred during the manufacturing cycle.
With Advanced Costing
Analysis you can:
- Link charges from purchasing directly
to any valid work order for ease of
complete cost analysis and accounts
payable processing.
- Automatically generate all cost related
journal entries associated with managing
work-in-process and finished goods.
- Link customer orders to work orders
so you can track costs, gross margin
and production performance on a specific
customer job.
- Simulate the effects of modifying
standard cost components, including
labor and material, before implementing
the change.
- Review work order performance on selected
jobs based on user-defined parameters
such as the "highest total cost" overrun.
- Complete work-in-process valuation
reporting, including all factors of
production with easy reconciliation
to your FlexGen 4 Financials.
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