Activity-Based Costing

The ABC Analysis System is based on client/server technology and runs using the MS SQL Server Database.
The ABC Analysis System is a comprehensive system aimed at the Managers of companies who wish to analyse the Income and Expenditure of their various departments. The final result is a complete picture of the profit or loss for each of their company departments.

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Automatic Import of the Trial Balance –  You can import the Trial Balance from any Application using a pre-defined file layout. Obviously you can import the Trial Balance from Cycom’s Financial Management System automatically.

Import of Distribution Levels – The Distribution Levels are defined by the user and can be different for each account. They can also be imported into the System using a csv file.
Setting up of the various Departments – Each Company Department is again user defined. Once coded it is ready for use by the ABC Analysis System.

Analysis Levels – Up to 4 Analysis Levels can be specified.

Data History – The System can handle the Data by period and year. This obviously also allows comparisons to be made between both months and years.

Final Posting of Results – The System allows the user to lock the Results once they have been approved by the Board of Directors.

Distribution Methods – The user has a choice of three methods:

• Final Product. The direct total amount to an account.
• Percentage. Apportionment by percentage to each account.
• Weighted. Apportionment by weighted amount against the total.

E.g. The squares meters of the floor area of a department.

View and Print every Distribution Level – The user can check the results through Print Preview or by Printing the Distribution Report.

Report at each Level – The system checks automatically that the Distribution of each amount to the departments totals are equal to the final total amount.

Profit and Loss by department and Overall – The final results of the Profit and Loss Report can be printed as Profit and Loss by Department or Consolidated for the whole company.

Key Features

• Automatic Import of Trial Balance — import of any csv file with a predefined file layout.
• User Defined Departments — coding and use of different User Defined Departments for the company.
• Choice of Distribution Methods — for each account a different method can be used.
• Analysis Levels — up to 4 different levels can be used.
• Final Posting of Results — the possibility to lock the final report once approved.
• Distribution Methods — there are three methods to choice from:
  • Final Amount
  • Percentage
  • Weighted
• Print Preview and Printing for every Distribution — the results can be viewed or printed at each level.
• Checking at each level — automatic checking of the various distributions totals match the total amount.
• Printing of Profit & Loss — both by Department and Consolidated.
• Standard Reports include:
  • View and Print every Distribution Level.
  • The user can check the results through Print Preview or by printing the Distribution Report.
  • Report at each Level.
  • The system checks automatically that the Distribution of each amount to the department’s total is equal to the final total amount.
  • Profit and Loss by department and Overall.
  • The final results of the Profit and Loss Report can be printed as Profit and Loss by Department or Consolidated for the whole company.