The cost management allows users to keep track expense management and cost calculation.
1C:ERP offers an expense
management system based on best practices and powerful functionality, intended
to reduce expenses due to more efficient use of available reserves. There are three categories of expenses which are implemented:
- Product costs: These are department expenses associated with production orders and manufactured goods (or performed work).
- Financial result expenses: are associated with lines of business, companies, cost centers (departments).
- Capital asset costs: This category includes expenses that create value of future fixed assets and intangible assets, major construction costs, R&D expenses.
- Collecting complete information on enterprise expenses using operation-based (standard resource consumption rates, characteristics of performed work, etc.) and value based properties of business processes.
- Identifying important and controlled expenses.
- Using procedures for expense allocation to product release cost and financial result.
- Creating value of current and capital assets, R&D expenses, major construction costs.
- Creating production costs by costing items with defined expense classification.
Cost calculation - determining financial results
Financial result is a measure of
enterprise efficiency that represents equity within a reporting period. 1C:ERP
offers functionality for generation and analysis of financial result, such as:
- Calculating financial results for specific lines of business.
- Calculating general and specific financial results.
- Recognizing miscellaneous income and expenses
Financial results can be created
from: sales of goods and services for each separate order, customer
transactions, departments, managers, suppliers, or groups of goods financial
accounting. Cost analysis of goods/semi-finished products includes production costs
in sales documents.