Cost Accounting (CAT)

You can use the Cost Accounting functionality to process controlling costs for flexible budgets: for example, the overhead costs of cost centers. You can also define performance data and cost allocation relations for budgeted and actual costs.

The Cost Accounting process enables you to perform these functions:

• Build flexible allocation relations for budget and actual scenarios
• Import actual figures (amounts and quantities) from General Ledger books and Operations Management (for example number of deliveries, items sold, orders created and so on.
• Determine the allowed costs and deviations based on the flexible budgets and post the deviations to General Ledger
• Integrate budget cost-rates and budget surcharges with the Manufacturing processes using Standard Cost Calculation and the Project Control System (PCS) functionality.
• activity-based costing

The basic data that must be defined for Cost Accounting includes:

• The ledger accounts and dimensions
• Cost object defining attributes, like item, warehouse, or manufacturing projects
• Work centers, employees, machines and tasks

The Cost Accounting functionality stores and processes data from these sources:

• The General Ledger: Actual cost that can be used for cost controlling and actual allocations
• The Financial Budget System: Cost Accounting uses the master data and the dimension and the performance-oriented planning figures as basis for the variance analyses
• Infor LN Logistics: Actual performances can be imported automatically, if the links are defined in the Financial Budgeting System via Refernce Units. This is, for example, required for activity-based costing
• The People (BP): The actual performance quantities can be imported according to a linking scheme