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Actual Costing analyzes your actual production costs for an item and compares them to one or more standard costs. Cost variances are presented in summary format, by order, item, or product. Detail variances are presented by component and routing step.

Features/Function Highlights

  • Item Variance History
    • Compares your actual cost to beginning of year standard by accounting period and year. Variances displayed in summary by: Material, Labor, Setup, Overhead, Outside process.
    • Variances displayed in detail by Material usage, Material cost, Setup usage, Setup rate, Setup quantity, Labor usage, Labor rate, Overhead usage, Overhead rate, Outside process usage, Outside process rate, Production scrap.
  • Product Variance History
    • Same summary/detail as item variance history
    • Display cost comparisons and variances by item product code
  • Order Variance Detail Report
    • Compares actual versus standard costs by production order
    • Compare actual costs to multiple standard costs
    • Costs can be analyzed by Order summary, Component details, Routing details
    • Variances by component include Material usage & Material cost
    • Variances by routing step include Setup usage, Setup rate, Setup quantity, Labor usage, Labor rate, Overhead usage, Overhead rate, Outside process usage, Outside process rate, Production scrap
  • Order Variance Summary Report
    • Print by item
    • Print by product
    • Comparison to multiple cost types
  • General Ledger Interface
    • Posts summarized order variances to General Ledger
    • Run on demand

Other Applications

The following applications are designed to work hand-in-hand with Actual Costing:

"Actual Costing" is part of the Fitrix ERP line of products, developed by Fourth Generation Software Solutions.

Related Products

The following software product lines are also offered by Fourth Generation Software Solutions: