Management Accounting Period
- Accounting Period different from Statutory AccountsÂ
- Flexible Period Definition.Â
- Hierarchy of Cost Centre & Cost Elements enables consolidation & reporting.Â
- Standard Cost Centre can be maintained.
Budgeting
- Quantity and Value Budget definitionÂ
- Multiple budget and plan can be maintained simultaneously
- Budget can be created giving increment to past budget or actualÂ
- Budget can be defined for each accounting period.Â
- Options available for Fixed, Flexible and Zero-Based Budgeting.
Cost Sheet Generation
- Different types of cost types can be defined, fixed, variable, direct & indirect cost.