TrueCost ledgers

A TrueCost configuration requires the addition of two ledgers in the finance enterprise group:

  • Utilization Ledger: Ledger that contains journalized transactions generated by TrueCost allocations that use the actual quantity of weighted driver events for full absorption costing.
  • Capacity Ledger: Ledger that contains journalized transactions generated by TrueCost capacity allocations that use the practical capacity of weighted driver events for capacity-driven, activity-based costing.