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Module M4

Process & job costing.

Material plus labour plus overhead, absorbed onto every work order. Standard vs actual variance analysis at line, operation, and total level. WIP valuation that ties to your books — your CA will love this.

What's inside

Eight things you'll actually use.

01

Material cost capture

Every issued RM costed at FIFO or weighted-average from stores. Posted against the WO in real time.

02

Labour absorption

Per-operation labour hours × rate. Rates vary by skill/shift/overtime. Indirect labour pooled and absorbed on a chosen basis.

03

Overhead absorption

Define rates per machine, per operation, or per labour-hour. Auto-applied as operations close.

04

Standard vs actual

Material qty variance, price variance, labour efficiency, overhead absorbed vs incurred. Per WO and per period.

05

Process costing

For continuous flow: cost per kg/litre/unit per stage. Equivalent units, by-product allocation, joint-product split.

06

Job costing

For discrete: total cost per WO with full breakdown. Margin against the SO it was raised from.

07

WIP valuation

WIP value at any cut-off date. Reconciles to GL automatically. Auditor-friendly schedules.

08

Costing reports

Per-product profitability, per-customer profitability, machine utilisation cost, idle-time cost.

Built for India

GST-aware. HSN-aware.

Every BOM line carries the HSN, GST rate, and unit-of-measure of the underlying item. Production output inherits the parent's HSN. No tax surprises at dispatch.

Know your true cost per part.

Spreadsheet costing leaks money. QuickManager closes the loop.