Production costing: how much your products cost you to make.
Turn sales orders into production orders, cost each item with its standard structure and compare standard cost with posted actual cost every month.
Know what your products cost before you price them.
Costing connects sales orders, the plant, inventory and accounting.
Production orders from sales orders
Generated from pending sales orders, with their delivery date.
Standard cost by item
Raw materials, labor and other costs, with the scrap percentage.
Costing by dimensions
Structures by width, height and thickness ranges with formulas, for made-to-measure products.
Variables and formulas
The item’s dimensions, weight or volume to calculate the quantity of each material.
Unit conversions
Buy in one unit and consume in another, for example sheets per square meter.
Delivery notes to shipping
Record what was produced, in part or in full, and hand it over to shipping.
Standard cost closing
Each month, clears the production accounts by comparing standard cost with the actual cost posted.
From sales order to actual cost.
- 1
Sales orders
Pending sales orders become production orders.
- 2
Production
What’s made is sent to shipping and enters the stock ledger at standard cost.
- 3
Actual cost
Comes from the ledger accounts, such as production payroll.
- 4
Closing
Standard vs. actual, month by month.
The information to decide, without building reports.
All of them export to Excel and PDF.
- Pending sales orders to produce, also valued, and production order requirements
- Actual vs. standard cost month by month and standard cost breakdown
- On-time delivery, production cycle and production by customer
- Costing and production dashboard: pending orders, produced vs. ordered and items without cost
Production, inventory and accounting speak the same language.
Delivery notes enter the stock ledger at standard cost, structures serve as the bill of materials for MRP and the closing takes actual cost from accounting.
Included in:can be added to any plan. Compare plans
Questions about production and costing
Can I cost made-to-measure products?
Yes. With cost lines by dimension ranges and formulas, standard cost is calculated automatically.
How do I know if I’m producing above budget?
With the standard cost closing and the actual vs. standard trend report.
Does the plant meet delivery dates?
The on-time delivery report classifies each order as on time, late, partial or overdue.
My process is very specific. Will it still work?
We review it in the demo. If there’s something Sincow doesn’t cover, we can build it to order and connect it to the system.
How much does it cost?
It depends on the modules and users you need. Request a demo and we’ll send you a proposal.
Other modules:AccountingTreasury and bankingAccounts receivableAccounts payableFixed assetsPublic sector budgetInventory and invoicingMaterials and purchasingProduction planningElectronic payrollE-invoicing
See Sincow costing with your products.
We show you the system using your company’s own processes. No commitment.