Recommended ABC Software

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Activity Based Costing > Best Practices > Recommended ABC Software

Recommended ABC Software
Hennie Stander, Accountant, South Africa, Member
Which software package would you recommend I use in our small business to enable me to setup an ABC-system?
 

 
ABC System Selection
E. Davydov, Consultant, Russian Federation, Member
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.
 

 
ABC Software
E. Davydov, Consultant, Russian Federation, Member
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.
 

 
Excel-based Activity Based Costing
Edgar Sapitan, Accountant, Philippines, Member
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Flexible ABC Software
Jayaram, Management Consultant, India, Member
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ABC Software
Joseph Rivera, Manager, Philippines, Member
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Implementing ABC Software
Jim Monahan, Business Consultant, United States, Member
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ABC Software in Oracle
ANDRES PENAGOS, Financial Consultant, Colombia, Member
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Problems with Reciprocal Assignments
Jim Doorly, Accountant, Ireland, Member
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Activity Based Costing
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