Recommended ABC Software

Activity Based Costing
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Hennie Stander
Accountant, South Africa

Recommended ABC Software

Which software package would you recommend I use in our small business to enable me to setup an ABC-system?

  E. Davydov
Consultant, Russian Federation
 

ABC System Selection

Hi, it depends on:
1) The size of your organization.
2) Organization specific issues.
3) ABC accuracy (is it enough to have 70%?).
4) Your purpose of using ABC.

  E. Davydov
Consultant, Russian Federation
 

ABC Software

Moreover, I have experience to develop ABC model in Excel and I think that if the purpose of ABC is only management accounting (I mean that result of your calculation will not cover annual audit check) you should use Excel, because:
- Itís simple.
- You need 1-2 month for developing and testing you model before it gives you a real result.
- You can develop a number of reports that you manager needs.
The above of course assuming your company is not a huge corporation.

  Edgar Sapitan
Accountant, Philippines
 

Excel-based Activity Based Costing

I am also planning to create an Excel-based ABC. Have you come with cost allocation down to per product? My manufacturin...

  Jayaram
Management Consultant, India
 

Flexible ABC Software

I agree that an ABC model can be developed in Excel, but then sustaining it could be a big headache. By its very nature ...

  Joseph Rivera
Manager, Philippines
 

ABC Software

I would assume that the 70 products are the final cost objects. If they are, then I foresee a very difficult time for yo...

  Jim Monahan
Business Consultant, United States
 

Implementing ABC Software

I just implemented a great ABC software at a US insurance company, very detailed. This software was inexpensive, and ext...

  ANDRES PENAGOS
Financial Consultant, Colombia
 

ABC Software in Oracle

Due to a big information load, an ABC model produced in Excel is not a good way to handle it. There is software created ...

  Jim Doorly
Accountant, Ireland
 

Problems with Reciprocal Assignments

The biggest problem with Excel and indeed with some of the lesser ABC packages is that it is not possible to do reciproc...

 

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