Operational Costing

Dual level costing that aptly costs products with diverse components

Roadmap ERP's Operational Costing

The Roadmap ERP's Operational Costing module is designed to bring about the most efficient way of Costing your Product when its manufacturing process involves bringing together two or more types of components, wherein, some aspects are comprised of homogeneous material, while the remaining involve materials that are in one way or many different from each other. This is actualized by assigning Process Costing method to appraise the cost of components that are homogeneous in nature; and assigning Job Costing method to cost the components that are not identical to each other. Thus, the module offers a smart mix of Costing procedures to bring about accuracy in projecting the production cost of your Products, however complex may be their manufacturing methods.


Benefits


The module's integration with the entire Production line and General Ledger module, projects to you the accurate costs of the processes involved in the manufacturing of the Product. This enables you to efficiently cost your Product.



The module's flexibility to handle both processes, wherein, initially diverse components are produced and later finished using identical components; and, wherein, initially identical components are produced and later fitted to diverse components; helps you tackle the costing complexities easily.


The module's capability to monitor the Production line stage by stage, presents you with costs involved in each stage. These costs can be summed up divided among the total number of homogeneous units produced to arrive at individual unit cost, and thereby determine the competitive costing of your products.

By costing the components that are different from each other, by adding up job-wise costs of Direct Labor, Direct Material, and Overheads; and by aptly projecting the result against the Equivalent Units of Production (EUP) factor; the module efficiently arrives at the accurate costing of your products.



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Case Studies


Our client is the first company in Asia to manufacture automobile service station equipments. Having sensed the huge potential and requirement in the field of servicing automobiles, our client established a R & D center to carry our Research on key products.

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VAAS Group commence operations in 1980 as a trading house focusing on high quality industrial valves. Promoted by a valve technocrat, the philosophy of the group has always been to provide the user with the optimum solution to their value needs.

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