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Cost Management

Cost Management software in Pakistan 2024

Product Cost Management software in Pakistan

TimeTrax Costing and Valuation Management System:

In association with eFinancials, eBuyer and eProduction, this module helps you to manage product costing and keeps a tab on your profitability. Cost components would include direct labor, direct materials and overheads, incorporating standards and actual costs.

Costing and Valuation Management Benefits & Features:

  • Multiple Stock Valuation methods for Cost calculation.
  • Support multiple inventory valuation methods so you can choose the costing method that best fits your company's needs.
  • Manufacturing Cost Calculation & Comparison.
  • Calculation of manufacturing cost includes material costs, labor costs, variable & fixed overhead costs and making comparison of sales price against manufacturing cost.
  • Variance Reporting.
  • Generate reports for the quantity and price variance calculation between actual production usage and standard usage of all products.

Costing and Valuation Management Software Workflow:

Costing and Valuation Management Software Workflow:

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