Cost Accounting System

To create an actionable cost accounting system, answer following questions:

• What type of information do you want to cost (e.g., product, service, customer, process, shared services)
• How often will you run your cost accounting system?
• What is your budget?
• Who will maintain your system?
• Will you use your general ledger or best of breed cost accounting system?
• Will compensation to tied to cost accounting results
• >Will your cost accounting system also be used for external reporting?
• How will you distribute cost accounting information?
• Who will get costing accounting information
• How often will you update cost accounting algorithms?
• Who will enter data into cost accounting system?
• Who will just view cost accounting information?
• How accurate do you want cost accounting information
• What security issues are important to you?
• Will you use more accurate activity based costing or less accurate traditional costing?

Email below or call John Antos or Jim Brimson at 972-980-7407 to find out which cost accounting system is best for you.