The Cost Accounting features within Infor SyteLine support both actual costing and standard costing, providing you with the flexibility to choose the Cost Type and Cost Method that works best for you.
ERP SyteLine captures costs as changes occur, ensuring up-to-date and accurate costing. You can also link purchases directly to existing work orders through the Purchasing or Manufacturing module, earmarking costs specific to the appropriate job.
Additionally, you can link work orders to specific customer orders, which allows you to know the true margin earned for each customer order. ERP SyteLine automatically charges work order costs for customer orders to the Cost of Goods Sold upon shipment to the customer.
- Costs by item or item warehouse
- Cost methods include Standard, Actual, LIFO, FIFO, and Lot Specific
- Update stockroom and WIP inventory records in real-time automatically
- Link POs to work orders to capture costs for a job
- Link work orders to customer orders to measure true margins
- Drive costs by Work Center and Department
- Break out job tracking and costing into five cost buckets
- Create and post journals to the General Ledger quickly and easily
- What-if cost analysis
Infor SyteLine captures costs as changes occur, ensuring up-to-date and accurate costing.
