Przemysław Kniat
Sales Department Manager
Opiekun produktu
Parallel Posting, Manufacturing Cost Allocation and Calculation
Advanced Cost Allocations for Microsoft Dynamics 365 Business Central enables the accurate calculation and posting of manufacturing costs through cost allocation, cost variance allocation, and parallel posting functionality. The application provides manufacturing companies with a precise valuation of the actual costs of manufacturing finished products.
With Advanced Cost Allocations, Business Central users can keep cost records based on cost types and calculation types and allocate the costs to the appropriate general ledger accounts according to defined or calculable reclassification keys. The calculation of the actual manufacturing costs takes into account the variances between the standard and actual manufacturing costs. Costs are settled on open production orders or by adjusting the value of production output.
The application provides a perfect balance between ergonomics and functionality, allowing you to independently set up the accounting, posting and valuation rules for manufacturing costs without the need to make additional system modifications or engage external consultants.
Advanced Cost Allocations is compliant with Polish law in the scope of manufacturing cost accounting. Compliance with local requirements valid in other countries is provided within implementation projects.
Advanced Cost Allocations is a universal application for manufacturing companies which are required to keep records of costs based on cost types and business function and to allocate costs in order to ensure the accurate settlement of actual manufacturing costs.
What problems can be solved with Advanced Cost Allocations?
Compliance with polish accounting standards
The application ensures compliance with Polish accounting standards in the area of production cost...
Compliance with polish accounting standards
The application ensures compliance with Polish accounting standards in the area of production cost recording.
Automation
In the scope of cost allocation.
Automation
In the scope of cost allocation.
Calculating precise production costs
Advanced Cost Allocations allows for precise product costing through cost allocation functionality, variance allocation,...
Calculating precise production costs
Advanced Cost Allocations allows for precise product costing through cost allocation functionality, variance allocation, and parallel posting.
Increased efficiency of accounting processes
Thanks to functionalities dedicated to classifing costs based on cost type and business function.
Increased efficiency of accounting processes
Thanks to functionalities dedicated to classifing costs based on cost type and business function.
Functionality of Advanced Cost Allocations
Parallel Posting
Więcej
Parallel Posting
The parallel posting functionality enables you to record costs based on cost types and business function. With flexible setup, the application works well for scenarios that encompass parallel posting of the amounts transferred between different general ledger accounts.
Cost Allocation
Więcej
Cost Allocation
The cost allocation functionality allows you to assign common indirect costs to different business units, processes and products. By defining allocation steps and combining them into sequences, you can determine the appropriate processing order.
Source and target accounts are defined for each cost allocation step. For each allocation step, you can also choose whether the allocation key is fixed or dynamically calculated.
The calculation of dynamic keys for cost allocation is based on the entries posted in Dynamics 365 Business Central, and you can set the tables that are used by default for key calculation.
Default Journal Line Dimensions
Więcej
Default Journal Line Dimensions
Within this functionality, you can assign default dimensions to a combination of inventory journal line type and combination of posting groups. This allows warehouse workers to use the default dimensions when posting warehouse transactions, which means they do not have to select the required dimension values themselves.
Allocation of Manufacturing Cost Variances
Więcej
Allocation of Manufacturing Cost Variances
The allocation of manufacturing cost variances allows you to calculate the difference between the standard and actual manufacturing costs. Such cost variances can be settled by applying them against open production orders or by adjusting the value of received production output. The functionality has been designed for companies that require precise and automated valuation of production orders and manufacturing costs.
Parallel Posting
The parallel posting functionality enables you to record costs based...
Parallel Posting
The parallel posting functionality enables you to record costs based on cost types and business function. With flexible setup, the application works well for scenarios that encompass parallel posting of the amounts transferred between different general ledger accounts.
Cost Allocation
The cost allocation functionality allows you to assign common...
Cost Allocation
The cost allocation functionality allows you to assign common indirect costs to different business units, processes and products. By defining allocation steps and combining them into sequences, you can determine the appropriate processing order.
Source and target accounts are defined for each cost allocation step. For each allocation step, you can also choose whether the allocation key is fixed or dynamically calculated.
The calculation of dynamic keys for cost allocation is based on the entries posted in Dynamics 365 Business Central, and you can set the tables that are used by default for key calculation.
Default Journal Line Dimensions
Within this functionality, you can assign default dimensions to a...
Default Journal Line Dimensions
Within this functionality, you can assign default dimensions to a combination of inventory journal line type and combination of posting groups. This allows warehouse workers to use the default dimensions when posting warehouse transactions, which means they do not have to select the required dimension values themselves.
Allocation of Manufacturing Cost Variances
The allocation of manufacturing cost variances allows you to calculate...
Allocation of Manufacturing Cost Variances
The allocation of manufacturing cost variances allows you to calculate the difference between the standard and actual manufacturing costs. Such cost variances can be settled by applying them against open production orders or by adjusting the value of received production output. The functionality has been designed for companies that require precise and automated valuation of production orders and manufacturing costs.
Price list
Subscription
online
on-premises
Per User
1.5
/ month
Perpetual license
on-premises
Per User
40
+ EP
• The price of the application is listed for 1 full user in the Dynamics 365 Business Central Essential and Premium license.
• The price does not apply to the Team Member and Device license in Business Central.
• In the case of the Perpetual License, the prices should be increased by an annual fee or the Enhancement Plan (EP).
Ask me about the application
Advanced Cost Allocations
Product specialist
Przemysław Kniat
Sales Department Manager
Important links
Check out the list of links and get quick access to materials, reports and key resources.
Our vision for the application
Advanced Cost Allocations is an application that now is available for Microsoft Dynamics 365 Business Central, however its first version was designed in 2003. Throughout the years, the solution has been developed and upgraded continually to ensure compliance with the changing versions of the system. It enables the precise calculation of manufacturing costs by providing features unavailable in the standard version of the system. For over 20 years, the majority of our customers in the manufacturing industry, have been using the solution for posting manufacturing costs, cost allocations and calculating the actual cost of finished goods.
Tomasz Maciak
System Architect, IT.integro
Check out our other apps
Discover solutions that support business growth and automate processes. Take advantage of modern IT tools tailored to your company's needs!
Bonuses & Accruals
Retrospective bonuses and rebates with real-time accruals posting
Applications for trading companies
Author applications
Polish Localization
Comply with Polish taxation and invoicing requirements
Applications for Polish companies
Author applications
Electronic Banking
Electronic banking in ERP system: Integration with local banks in multiple countries
Applications for capital groups
Applications for Polish companies
Author applications
Fiscalization
Fiscalization in the ERP system: fiscal documents in compliance with local requirements
Applications for Polish companies
Author applications
HR & Payroll Manager
HR and payroll services in the ERP system
Applications for Polish companies
Author applications
HR and payroll applications
Advanced Intercompany
Managing and tracking intercompany transactions in real-time
Applications for capital groups
Author applications
Advanced Product Configurator
Products customization for trading and manufacturing companies
Applications for trading companies
Author applications
Production applications
Master Data Management System
Synchronization and exchanging master data across multiple Dynamics 365 Business Central tenants and databases
Applications for capital groups
Author applications
Cash Desk Management
Improved cash operations, transactions and reporting
Applications for trading companies
Author applications
Intercompany Insights
Insight into inventory availability and customer balance overviews across companies within the group
Applications for capital groups
Applications for trading companies
Author applications