WorkWise ERP | Standard Cost


Standard Cost

Standard Costing facilitates the timely and accurate support of standard cost accounting procedures. Standard Cost keeps up-to-date projected costs for all products and parts provided by a company.

The Standard Cost function takes the wealth of information contained within the other product data management functions and calculates current and standard costs by item number.

Benefits:

·      Costed routings

·      Current and standard (frozen) costs

·      Indented cost explosions