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BOM Cost Calculation

Auto-expand BOM structure, calculate material, labor and overhead costs

Support multi-level BOM cost aggregation and cost version management, accurately calculate product cost


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Standard Cost Management 


Set product standard cost, auto-calculate production cost variance. 

Support cost version management and historical cost comparison, track cost change trends.

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Actual Cost Collection


Collect actual material, labor and overhead costs by production order.
Support cost allocation by work order, operation, and work center, achieving fine-grained cost accounting.

BOM Cost

Standard

Actual

Cost Variance Analysis


Cost Variance Analysis


Auto-analyze variance between standard and actual costs, identify cost deviation causes.

Decompose variance by material price, quantity, efficiency dimensions, support management decisions.

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Multi-company Costing


Support multi-company, multi-currency cost accounting, each company independently configures rules.

Support inter-company trade pricing and internal profit accounting, meet group management needs.

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Cost Allocation & Distribution

Flexibly define overhead allocation rules and distribution standards.

Support allocation by output, labor hours, machine hours, ensure reasonable cost distribution. 

Activity-Based Costing


Collect and allocate costs by activity, more accurate costing method.

Process Costing


Collect costs step by step by production process, suitable for continuous production.

Order Costing


Collect costs by production order, suitable for discrete manufacturing.

Cost Accounting Core Features

Cost Acct


BOM Mgmt


Std Cost


Variance


Allocation


  Odoo allowed our company to efficiently manage a growth from a turnover of $2.4m to $15m in 4 years.

Release

Accurate Costing