Costing
Costing provides clarity on manufacturing expenses through detailed cost sheets and variance analysis. It helps improve profitability with accurate standard vs actual cost comparison.
Cost Sheet
Calculate detailed product costs including materials, labor, overheads, and machine time for accurate costing decisions.
- Material & BOM cost calculation
- Labor & machine hour costing
- Overhead absorption methods
- Multi-level cost sheet breakdown
- Estimated vs actual cost comparison
Standard vs Actual Cost
Compare estimated production costs with real manufacturing expenses to identify inefficiencies and improve profitability.
- Variance calculation by job or batch
- Material & resource consumption deviation
- Labor & overhead variance tracking
- Trend charts for continuous improvement
- Cost performance dashboards
Overhead Allocation
Distribute indirect costs accurately across jobs, machines, and departments for true costing transparency.
- Multiple overhead allocation methods
- Cost center–based cost absorption
- Machine-time & labor-hour allocation
- Automatic overhead computation
- Overhead variance reporting
Job Costing
Track the total cost of each job or order with detailed insight into material use, labor, overheads, and machine time.
- Job-wise cost tracking
- Material & resource consumption logs
- Labor-hour & machine-hour capture
- Cost allocation by job stages
- Profitability analysis for each job
Cost Variance Reports
Identify and analyze cost deviations from planned budgets to improve operational efficiency and profit margins.
- Material, labor, and overhead variance
- Standard vs actual cost performance
- Trend & deviation analysis
- Exception reports for cost overruns
- Interactive dashboards & charts