- Stores Ledger
- creation of stores ledger system to include all fields required
for integrated costing package, goods in/out, stock valuation etc
- Product Costing Specification
- materials, labour and direct expenses specifications of products for quantities and standard cost
- Production budget
- determination of forecasts for direct materials and standard hours produced
- Materials budget
- determination of forecasted cost of direct materials consumed for the
budgeted output of products
- Labour budget
- determination of direct personnel required and associated payroll
costs
- Oncost ratios
- preparation of trading forecasts and determination of ratios to absorb
all costs and profit
- Price list
- preparation of Product Price List from information collected
so far
- Master Budget
- prepare overheads budget, then budgeted Trading and Profit & Loss
Account, Balance Sheet and Cash Flow Forecast
- Purchase Order Processing
- suggested orders, purchase invoice matching with system generated
Goods Received Notes, materials variances
- Works Order system
- to produce works orders for factory production, including materials
picking list, workshop instructions, and Job Card
- Time Sheet recording system
- to include details of productive hours,
downtime, sickness/absenteeism, holidays
- Weekly Production Report
- to measure output from workforce and report on hours lost, ratios
and performance statistics
- Sales Order Processing
- links in with stores ledger and suggested works orders
routines
- Sales Invoicing
- produces sales invoices for products, integrated with stores
ledger, sales analysis (q.v.)
- Sales Analysis Report
- analyses products sold in the period for standard cost of sales, to be compared to actual per management accounts
- Management Accounts
- monthly management Profit & Loss Account and Balance Sheet, with Cash Flow Statement
|
|
Integrated modules include ...
- Stores Ledger
-
- Product Cost Specifications
-
- Budgeting module
-
- Time Sheet recording system
-
- Works Order/Job Card
-
- Weekly Production Report
-
- Purchase Order Processing
-
- Sales Order processing
-
- Sales Invoicing
-
- Cost Ledger
|
