Product Costing
The following article addresses how cost of goods sold are handled in DBA. The article also provides tips on how to achieve more realistic costing of your...
Fri, 3 Nov, 2017 at 10:13 AM
DBA is an absorbed costing system in which all manufacturing costs – material, labor, subcontract services, and overhead – are absorbed rather than actual c...
Fri, 22 Sep, 2017 at 8:58 AM
The sales order is commonly used in non-WIP systems to collect income and associated costs, often with the aid of non-inventory parts, to simulate a profit ...
Fri, 22 Sep, 2017 at 9:00 AM
Any costing scheme other than absorption costing has no legitimacy within a WIP accounting system and has a destructive impact. In order for DBA to work pro...
Fri, 22 Sep, 2017 at 9:01 AM
Non-inventory parts should never be used in a WIP accounting system for any purpose. All physical items must be set up as stock items. Non-inventory ...
Fri, 22 Sep, 2017 at 9:03 AM
It is not possible or desirable to replicate cost and profit reports from a previous system in DBA because absorption costing totally changes the inputs fro...
Fri, 22 Sep, 2017 at 9:04 AM
DBA does not provide departmental accounting because it is not relevant to a WIP accounting system. Departmental accounting in non-WIP systems attempt...
Fri, 22 Sep, 2017 at 9:05 AM
DBA maintains a perpetual real time inventory that does not require the period end quantity and cost adjustments that are typically made with non-WIP system...
Fri, 22 Sep, 2017 at 9:07 AM
Payroll is an independent application that has no direct link or reconciliation requirement with job hours in DBA. Job hours are entered in DBA and can be ...
Fri, 22 Sep, 2017 at 9:08 AM
All inventory transactions in DBA are processed in real time. In the case of PO receipts, real time processing enables received items to be immediately iss...
Fri, 22 Sep, 2017 at 9:09 AM