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With the Workcube Cost accounting transactions screen, it is possible to classify, monitor and record the costs incurred throughout the entire period from the purchase, production and sale of products or services produced in a business.

Attention: Cost accounting accounts should be planned under the supervision of accountants and financial advisors and planned in line with the specific needs of the business.

Cost of Goods Sold Recognition

Workcube, with the Cost of Goods Sold Recognition screen, can create accounting vouchers for the costs of goods sold in production on a periodic basis.

Path: ERP > Finance Accounting > Cost Accounting > Cost of Goods Sold Accounting

Attention: In order to track the cost of the product, the "Cost, Included in Inventory, Being Produced" boxes must be checked on the products screen. You can read our article "Product Tree Design" to get detailed information.

Accounting slips will be issued and the invoice types issued for the goods sold will be displayed. The relevant invoice type is selected. More than one invoice type can also be selected. And by specifying the date range, the system automatically creates an accounting voucher at the back with the run button.

Production Labor Costs Reflection

Production labor reflection or production costs reflection page is used for labor costs. The process of reflecting the expenses related to the working costs defined to the workers to the production result is done with the Production Labor Costs Reflection screen.

Path: ERP > Finance Accounting > Cost Accounting > Production Labor Costs Reflection

If the company enters time expenditure for workers in the production results and manages labor costs according to these time expenditures, it uses the Production Labor Costs Reflection page. This type of usage in companies is relatively low. The majority define labor-related accounting accounts to the workstation, which is the other method, and select and distribute labor from the Production Costs page. In other words, it distributes both general production expenses and labor on the production costs page.

The station defined for the product is selected for the labor cost to be reflected in the production result. Date range is entered. Listing is done.

The detail of the station is displayed. Production labor costs are reflected in the production result collectively by selecting the results or by clicking the Reflect production costs button.

Note: The cost of the employee's time expenditure is added to the employee with the "Add Time Expenditure" screen under the Other button in the top menu on the production results screen. Or, in the human resources position detail, the cost is defined on an hourly or per minute basis. A scorecard can be created for the employee on a period basis.

Recommendation:To get detailed information, it is recommended that you read our articles "Production Results", "Human Resources Operations", "Score Procedures".

Reflecting Production Costs

General production expenses and The process of reflecting labor costs is reflected with the Workcube Production Costs Reflection screen.

Path: ERP > Finance Accounting > Cost Accounting > Production Workstation Costs by Labor

Station selections are made from the list, the cost of which will be reflected in the production result.
Workstation cost definitions are made for the station. The defined accounting code or cost center is selected.
The general production or labor selection to which the production cost will be reflected is made. The cost is reflected in the relevant field on the production result page.
The production result date range is entered.
The defined cost date range is selected. Costs in the selected date range are reflected on the products in the selected date range for the production result

Attention: Production cost reflection process is only reflected in the production results. It is not reflected in the cost of the product. For this, the cost is run again. Go to the cost creation screen via Control Panel > Maintenance > Re-Cost creation. You can read our article "Re-Cost Creation" to get detailed information.

Attention: Make sure that the accounting code definitions of the products are made. You can read our article "Product Accounting and Budget Codes" to get detailed information.

When selecting accounting codes for products, accounting accounts that concern cost accounting are selected. These accounting codes are as follows;

Raw Material
Wares
Consumables
Production / Finished Goods
Production / Semi-finished Goods
Cost of Goods Sold
Scrap Account
Direct Raw Material Account
Direct Raw Material Reflect Account
General Production Expense Reflection Account
Production Labor Reflection Account

Production Results Accounting

Accounting slips of manufactured products are created with the Production Results Accounting screen.

Path: ERP > Finance Accounting > Cost Accounting > Production Results Accounting

In order to issue accounting slips for production results, it is run by entering the date range and the system automatically creates accounting slips.

Attention:If there is a missing definition in the product's accounting code definitions, the system gives a warning message. Accounting vouchers cannot be created without definition.

Five accounting vouchers are created with the production results accounting screen. These are;

An issue slip is created for consumables in production.
If waste is created, a wastage accounting voucher is created.
The production result work order realization voucher, that is, raw materials, materials and labor, is transferred to the production new product account.
It reflects general production expenses to production.
Finally, a product cost voucher is created. It assigns the total production result cost from the production semi-finished product account to the production finished product account.

Note:If there is no wastage on the product, four receipts are created. You can list the resulting accounting vouchers via ERP > Finance Accounting > Accounting Definitions > Accounting Vouchers and check the offset vouchers.

Recommendation:The transactions are ensured by entering the production date range on the production cost screen via ERP > Production > Production Planning > Production Cost Report.

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About Workcube Objects

Work Center Costs by Production Workmanship

It is the process of reflecting general production expenses and labor costs on the production result screen. The process of reflecting production costs is only reflected in the production results. It is not reflected in the cost of the product. For this, the cost is run again.

Type: WBO Version: Catalsyt v5 Licence: Standard Author: Workcube Core