Overview

The Costing function of CompuTec ProcessForce allows to calculation cost of production, including the cost of materials and resources. The cost can be calculated by including many other factors, e.g., Scrap and Coproduct cost, Revisions, and Routing. Users can also perform costing procedures, e.g., Roll Over and Roll Up.

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Overview

The Costing function of CompuTec ProcessForce allows to calculation cost of production, including the cost of materials and resources. The cost can be calculated by including many other factors, e.g., Scrap and Coproduct cost, Revisions, and Routing. Users can also perform costing procedures, e.g., Roll Over and Roll Up.

Configuration

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Revision and Routing Costing Defaults

Defining costing defaults for specific Revisions and Routings ensures accurate and product-specific cost calculations. This guide explains how to define costing defaults at both the revision and routing levels.

Item Costing

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Resource Costing

Resource Costing is a vital function in production management that calculates the cost of a Resource's work during the manufacturing process. When combined with Item Costing (which evaluates material costs), it provides a comprehensive assessment of production costs for a given Manufacturing Order. This enables organizations to monitor and optimize both fixed and variable costs effectively.

CoProduct and Scrap Costing

In manufacturing processes, efficient cost management is essential for tracking production and waste. Co-Product and Scrap Costing play a vital role in accurately allocating costs to materials, ensuring precise financial and operational reporting.

Cost Categories

This section covers Cost Categories, which are essential for simulating production costs and applying them to production processes. By using Cost Categories, businesses can efficiently manage cost data, allowing for better decision-making and production optimization.

Projects

The concept of adding SAP Business One Projects to CompuTec ProcessForce forms and documents operates in the same way as Distribution Rules, and Cost Dimensions are managed.

Costing Price Determination

Costing price determination plays a critical role in manufacturing and production processes, influencing how businesses calculate, track, and manage costs associated with their products. Accurate costing ensures businesses maintain profitability, meet market demands, and stay competitive. This table provides a detailed comparison of different costing methods—Standard, Moving Average, and FIFO & Serial Number/Batch—across various scenarios like final goods, co-products, and scrap, under distinct costing approaches such as dynamic costing, item costing, and more. It highlights the key features, conditions, and changes applicable during the creation of pick receipts, goods receipts, and back-flush processes.

Distribution and Cost Items

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Faster Costing Calculation and Restoration Engine

In today’s fast-paced business environment, accurate and efficient cost calculations are critical to maintaining profitability and competitiveness. CompuTec ProcessForce introduces the Faster Costing Calculation and Restoration Engine, a breakthrough solution designed to optimize the Cost Roll-Up process. By leveraging advanced data-handling techniques, this feature reduces the time required for complex costing procedures while improving accuracy. In this guide, we’ll explore how the Faster Costing option works, its benefits, and the steps required to activate it.