Activity Based Costing Software Platforms Solutions Users Have Shared Their Experience With Us

Activity Based Costing Software recap

What is activity-based costing software? Activity-based costing software is made up of tools designed to identify a company’s indirect cost activities and assign these costs to the products or jobs that use them.

Companies use activity-based costing (ABC) to identify and allocate the costs of each activity within the company to each product and service in an accurate way. The method uses an estimate of usage of each activity per product, allowing the organization to better track costs of activities required for production. Each activity is defined as a cost and then allocated to the specific products that use it.

Activity-Based-Costing

Leave a Reply

Your email address will not be published. Required fields are marked *