Production costing accounting is one of the important activities of manufacturing companies. Doing a good jobs of collecting and calculating product costs will help companies to see the efficiency of production process.  Also, it will help companies to make right decisions and measures to save production costs, improve product quality and increase profits.

NaviWorld Production Costing Solution Key Features

Production Allocation Rules & Targets

  • Define Production Costing KPI
  • Flexible Cost Allocations Rules:
    • Output Quantity
    • Run time ( actual, standard, customs with allocation rate per operation)
    • Raw material Cost
  • Define Standard Labor Cost/ Overhead Cost by Costing Sheet

Production Costing Allocation Process

  • Automate transfer manufacturing cost from Expense Account to WIP Account
  • Define Production Costing Period to collect manufacturing cost
  • Allocate labor/ overhead costs to work center, sum up to Production Order

Production Costing Reports

  • Production Costing Calculation
  • Production Costing Detail Entries
  • Production Costing Entries
  • Compare Costing Sheets
  • Production Efficiency Report

Why Production Costing Solution by NaviWorld Vietnam

Optimize Production Costing Process

Automatically transfer Labor/ Overhead Costs from Expense Account to WIP Account

Provide wide array of reports

Provide wide array of Production Costing Reports and Automate reports into approved templates

Comply with the Vietnam's accounting regulations

Built on Microsoft Dynamics 365 Business Central and followed by Vietnam Accounting System Regulations

Based on Microsoft Dynamics tailored for businesses operating in Vietnam, NaviWorld Production Costing not only meet crucial Vietnamese tax laws but provide the global and efficient functionality of Microsoft Dynamics. To help businesses in Vietnam to optimize their business operation, our Production Costing solution delivers an efficient tools for users easy to retrieve the analysis of standard costs and actual cost, reduce manual tasks, increase employee productivities and gain real-time insight into decision-making.

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    About NaviWorld

    NaviWorld Vietnam is a leading solutions provider of end-to-end integrated and adaptable business management solutions for mid-sized companies in Vietnam and South East Asia.  With solutions catering for various sectors from Distribution to Retail, Services to Manufacturing, NaviWorld brings a portfolio of internationally proven, fully integrated technology business solutions to our customers.

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