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The Work Order Costing (WOC) application uses the data generated by other applications of your MANAGE 2000 system as work order costs and statuses are gathered and posted at the time of each activity. WOC acts as the accounting tool to control the elements of work in process by auditing the final closing activities of work orders. Through full access to the costing capabilities of the other applications, your cost accountant can specify the cost sets and elements comprising the benchmarks against which actual costs are measured. Variances from standards are captured and posted to the general ledger. The WOC application brings together all of the work order costs generated from purchasing, inventory movement and labor activities, along with the standards established, to enable you to manage your manufacturing costs effectively.
"Work Order Costing" is part of the MANAGE 2000 line of products, developed by ROI Systems.