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Activity Based Costing
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Activity Based Costing > Best Practices

Hennie Stander, Accountant, South Africa
Which software package would you recommend I use in our small business to enable me to setup an ABC-system? (...) Read more? Sign up for free

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  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. H (...)

  Jayaram, Management Consultant, India

Flexible ABC Software

I agree that an ABC model can be developed in Exce (...)

  Joseph Rivera, Manager, Philippines

ABC Software

I would assume that the 70 products are the final (...)

  Jim Monahan, Business Consultant, United States

Implementing ABC Software

I just implemented a great ABC software at a US in (...)

  ANDRES PENAGOS, Financial Consultant, Colombia

ABC Software in Oracle

Due to a big information load, an ABC model produc (...)

  Jim Doorly, Accountant, Ireland

Problems with Reciprocal Assignments

The biggest problem with Excel and indeed with som (...)

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