Actual Costing

The most accurate Dairy Costing System Available 

The dairy industry can offer unique challenges when costing components throughout the plant. Actual Costing helps you calculate accurate values on raw materials,  production formulas, computing variances, labor rates and figuring WIP from production runs through finished goods. It gives you the reports necessary to calculate real product margins and how it will affect the bottom line. Costing models can be created for all types of manufacturers and will also hold true for customers that store or age products. This module is often brought on in stages with our customers starting out with standard costing, moving to a hybrid of standard and actual costs, and graduating to actual costing models over time. 

  • Tracks dairy liquid costs by weight, volume, and component
  • Calculates actual utilization adjustment based on actual raw milk usage
  • Allows for both standard and actual costing methodologies 
  • Maintains standard costs of raw materials
  • Uses production formulas to calculate standard costs of finished goods
  • Actual Labor and overhead rates by date within departments
  • Ingredients and packaging to calculate finished goods costs
  • Production runs/Finished goods costs
  • Recosting Comparisons
  • Allows comparison of multiple costing scenarios
  • User defined costing periods
  • Costing periods run multiple times
  • Recalculates production based on FMO announcements
  • Automated interface to Financials - General Ledger
  • Captures real time cost of goods sold
  • Provides detailed reporting of all costing areas

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