What Are the Different Types of Cost Allocation Systems?

The cost management system (CST-Cost Management System) specifically deals with the cost of materials using planned costing. The materials of planned cost method are used to enter planned price adjustment orders through this system to adjust planned unit prices. You can query, modify, and review planned price adjustment orders, and query historical planned prices of materials for planned cost method. Informatization of cost management requires the establishment of a reward and punishment mechanism, as well as the implementation of supervision.

Cost management system

Opening and closing management
This function handles the current period of the entire enterprise supply chain system, and starts the next period of new business, and can adjust the period
1. Connotation of modern enterprise cost
Initial settings
This module includes setting basic information and system parameters, entering initial data, providing various elements required for cost processing and ending initialization functions, and maintaining the attributes of basic information in the future business processing process.
Allocation criteria
This module provides the following 3 functions related to the allocation criteria.
(One)
The construction of cost management information system is not isolated. Enterprises need to do solid work from product selection, resource allocation, system establishment, implementation supervision, and so on. Only in this way can the information management work go deeper and ultimately succeed.
First, choosing a stable, applicable product is key. Chinese food and beverage with Chinese food as the main business format has unique business processes and obvious industry characteristics. Copy from abroad or use domestic solutions
Product pricing and cost planning
1. Product pricing overview
2. Cost planning in product pricing
Earnings Management and Cost Planning
1. Overview of Earnings Management
2. Cost planning in earnings management
Tax planning and cost planning
1. Overview of tax planning
2. Cost planning in tax planning

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