Overview
Our demo package encompasses transactions that require posting. Through a practical example, our goal is to illustrate how costs are subsequently allocated to different work centers. To enhance and expedite your familiarity with Advanced Manufacturing Cost Calculation, the package contains relevant data. In the following steps, you are required to post several costs to the General Ledger. Costs recorded in the General Ledger can be distributed, and are specifically linked to capacity costs, as detailed in the following text.
Functionality of the Production module in 365BC, facilitates production monitoring, as well as the entry of realization data. In addition, it enables the planned, the actual cost price the costs of the technological process of production included in the product. This allows all products (SP and FP) to:
• They have a real cost price based on material consumption • They have an estimated cost price based on the engagement of technological capacities
The estimation of the cost price based on the engagement of technological capacities is the more accurate, the more accurate it is an estimate of capacity costs in which it is necessary to include the following costs:
• Depreciation • Workforce • Propulsion energy • Etc...
To acquaint yourself with our Production module in 365BC, you need to download the package into your system. The steps for importing the package are available on the following link:
| Topic | Description |
|---|---|
| How to import Advanced Manufacturing Cost Calculation | Click on Package Import, and it will redirect you to the page with instructions for downloading the package. |
| Cost posting | Recording costs allows us to efficiently create expense entries in a few simple steps, which are subsequently allocated to work centers and shared as capacity costs. |
| How to setup and use Advanced Manufacturing | Setting up advanced manufacturing involves configuring and arranging the necessary components and processes to enable an efficient manufacturing system. |
| How to create Prod. Order Report | It shows the usage of materials and included costs per work centers and utilized capacities. |