SAP Business One | Cost Accounting

Cost Accounting

SAP Business One ERP system provides manufacturing and distributing businesses with multiple customization options to better manage cash flow and profitability. Business One permits companies to define profit centers and sets of distribution rules that enable automatic distribution amounts to profit centers.

Track and allocate indirect expenses, such as administrative, financing, and advertising costs, that can be distributed across multiple categories. Create detailed profit and loss statements based on user-defined allocation rules and view reports in annual or monthly display formats to compare results in various time periods.

The Cost Accounting functionality in SAP Business One enterprise resource planning software offers the following capabilities:

  • Gain the ability to define and manage budgets with ease.

  • Track revenue and expenses for multiple profit and cost centers.

  • Create and maintain distribution rules for automated expense and revenue allocation.

  • Create controlling reports based on actuals and planned budgets.

  • Accurately manage cash flow.