1. Home
  2. ERP
  3. Financial
  4. Cost Accounting
  5. Cost Allocation Processing

By: Peter Poletti

Posted:

Cost Allocation Processing Functions & Features

Feature and functions covered Allocates actual or budgeted costs to appropriate ledgers;Allocates to expense, revenue, asset, asset reduction, liability, capital, and capital reduction accounts;Allocations to organizational segments determined by function, profits, etc.;Flexible ledger costing categories;Allocates cost by multiplier, quantity, or amount;Cost allocations driven by formulas using unlimited, statistical, fixed amount, and period-to-date factors, as well as unlimited nesting;.. Cost Allocation Processing Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Cost Allocation Processing Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

The Cost Allocation Processing Functions & Features comprise the following elements:

  • Allocates actual or budgeted costs to appropriate ledgers

    Allocates actual or budgeted costs to appropriate ledgers, Cost Allocation Processing Functions & Features
  • Allocates to expense, revenue, asset, asset reduction, liability, capital, and capital reduction accounts

    Allocates to expense, revenue, asset, asset reduction, liability, capital, and capital reduction accounts, Cost Allocation Processing Functions & Features
  • Allocations to organizational segments determined by function, profits, etc.

    Allocations to organizational segments determined by function, profits, etc., Cost Allocation Processing Functions & Features
  • Flexible ledger costing categories

    Flexible ledger costing categories, Cost Allocation Processing Functions & Features
  • Allocates cost by multiplier, quantity, or amount

    Allocates cost by multiplier, quantity, or amount, Cost Allocation Processing Functions & Features
  • Cost allocations driven by formulas using unlimited, statistical, fixed amount, and period-to-date factors, as well as unlimited nesting

    Cost allocations driven by formulas using unlimited, statistical, fixed amount, and period-to-date factors, as well as unlimited nesting, Cost Allocation Processing Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

Compare Now!
Functions and Features