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Activity Based Costing
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6
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?
 

Rating

 
2
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.

 
0
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.

 
0
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 prod... Sign up

 
2
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.... Sign up

 
2
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 d... Sign up

 
0
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 ... Sign up

 
0
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 ... Sign up

 
0
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 pos... Sign up

 

More on Activity Based Costing:
Summary
Discussion Topics
topic Limitations and Advantages of ABC for Budgeting
topic Limitations ABC monitoring operations
topic ABC in an Advertising Firm?
topic The Cost of Non-value-added Activities
topic ABC: reduce non value adding activities?
topic Consequences of ABC Analysis
topic Capacity Minutes and Industry Norms
topic Drivers still Right?
topic ABC Helps Companies Survive Recession
topic Traditional Costing versus Activity Based Costing
topic The Process of Activity Based Costing (ABC) simplified
topic Activity Based Costing (ABC)
topic Conditional Resources in ABC
topic ABC in service companies such as airlines?
topic Overhead Costing - Food Manufacturing
topic Degree of Detail in ABC
topic Activity Based Costing Implementation
topic ABC and Decision making
topic Time-driven ABC (TDABC)
topic Activity Based Management (ABM)
topic Calculating the Most Profitable Way of Manufacturing a Product
topic ABC or TOC? The Differences between Activity Based Costing and the Theory of Constraints
👀Recommended ABC Software
topic Comparison Activity Based Costing, Time-Driven-ABC and Lean Accounting
topic ABC Costing in Make to Order of Repetive Manufacturing
topic Organizational Issues when Introducing ABC
topic Over Recovery / Under Recovery Level
🔥 What is Process Costing?
topic ABC in the Federal Environment
topic An ABC Initiative is Only as Effective as the Software That Supports It
topic What is Job Order Costing?
topic How to Derive Overhead Cost from a P&L?
Special Interest Group

SIG Leader

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More on Activity Based Costing:
Summary
Discussion Topics
topic Limitations and Advantages of ABC for Budgeting
topic Limitations ABC monitoring operations
topic ABC in an Advertising Firm?
topic The Cost of Non-value-added Activities
topic ABC: reduce non value adding activities?
topic Consequences of ABC Analysis
topic Capacity Minutes and Industry Norms
topic Drivers still Right?
topic ABC Helps Companies Survive Recession
topic Traditional Costing versus Activity Based Costing
topic The Process of Activity Based Costing (ABC) simplified
topic Activity Based Costing (ABC)
topic Conditional Resources in ABC
topic ABC in service companies such as airlines?
topic Overhead Costing - Food Manufacturing
topic Degree of Detail in ABC
topic Activity Based Costing Implementation
topic ABC and Decision making
topic Time-driven ABC (TDABC)
topic Activity Based Management (ABM)
topic Calculating the Most Profitable Way of Manufacturing a Product
topic ABC or TOC? The Differences between Activity Based Costing and the Theory of Constraints
👀Recommended ABC Software
topic Comparison Activity Based Costing, Time-Driven-ABC and Lean Accounting
topic ABC Costing in Make to Order of Repetive Manufacturing
topic Organizational Issues when Introducing ABC
topic Over Recovery / Under Recovery Level
🔥 What is Process Costing?
topic ABC in the Federal Environment
topic An ABC Initiative is Only as Effective as the Software That Supports It
topic What is Job Order Costing?
topic How to Derive Overhead Cost from a P&L?
Special Interest Group

SIG Leader

Do you know a lot about Activity Based Costing? Become our SIG Leader

Knowledge Center

Activity Based Costing
Knowledge Center



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