BizITS ERP- Costing

Buildup of Standard and actual costs. Analyze department wise / cost center wise costs. Margins earned product wiese, geographical area wise

Functionality

Cost Centers

Cost Center Groups

Cost Heads

Resources

Cost Allocation Parameters

Purchase cost loading

Purchase Cost Monitoing

Material Consumption Areas

Additional cost of material allocation

Employee wise Cost Allocation

Configurable to book Purchase Variance on invoice booking

Cost Heads and links to Account Heads

Gross Margins - item & category wise

Gross Margins - Customer / Area wise

Department wise cost accumulation

Employee wise cost accumulation

Standard Costs and Variance

Batch Cost and Unit Cost

Cost allocation direct from finance voucher

Cost element debit and credit

Choice of Inventory valuation method