• Twitter
  • Youtube
  • Linkedin
Menu
  • ERP Services
    • SYSPRO demo
    • Discovery Session
    • Finance Options
    • Hosting Options
    • Resource Centre
0161 876 4498 (Mon - Fri 9am - 5:30pm) | info@k3syspro.com
ERP Solutions & Software From K3 Syspro Menu
  • Industries
    • Industry Experts

      Our industry-specific software helps you take advantage of nearly 40 years’ experience in developing. When you choose K3 Syspro, you know you are putting your company’s future in the hands of experts who speak your language.

      View all industries
        • aerospace-colourAerospace
        • autofactoryAutomotive
        • ingredients1Chemicals and Fertilizers
        • electronic-colourElectronics
        • ingredients2Food and Beverage
        • furniture-colourFurniture
        • factory4Machinery and Equipment
        • medical-colourMedical Devices
        • metal-colourMetal Fabrication
        • packaging-colourPackaging
        • pharma-colourPharmaceutical
        • plasticsrubberPlastics and Rubber

    • Nucleus Research Value Matrix

      Nucleus Research affirms that SYSPRO helps Manufacturers and Distributors leverage technology.
      The report highlights how SYSPRO’s latest release helps businesses to move towards actualising Industry 4.0

      Download Value Matrix
  • Our Solution
    • ERP for Manufacturing & Distribution

      The modular nature of the SYSPRO ERP software provides scalability and flexibility and allows you to select only those functions needed to increase operational control and efficiency across the entire supply chain

      Learn more
        • ERP Modules

        • Manufacturing
        • Sales & Distribution
        • Financial
        • Human Resources
        • Reporting & Analysis
        • Integration
        • Mobility & Labelling
        • ERP Services

        • Free Discovery Session
        • Gap Analysis
        • Finance Options
        • Hosting Options
        • SYSPRO For

        • Business Needs
        • Manufacturing Types
        • Job Types
        • SYSPRO and

        • GDPR
        • Customisation
        • The Cloud
        • Mobile
        • Security
        • Technology

    • Full Product Brochure

      Here’s everything you need to know – from A to Z – about SYSPRO and our award-winning Enterprise Resource Planning (ERP) software suite.

      Download Full Brochure
  • Case Studies
    • Sharing Success

      Our specialised ERP is helping transform Manufacturers and Distributors just like you. See how use technology to solve real business issues and pave the way to digitisation.

      View all case studies
        • Aerospace
          • Cobham
          • KLM UK Engineering
        • Automotive
          • Auto Sleepers
          • BPW
          • Invertec
          • Piolax
        • Chemicals & Fertilisers
          • Black Cat Fireworks
          • Tyneside Safety Glass
        • Electronics
          • Axiom Manufacturing
          • BCA Group
          • G & B Electronics
          • Gardasoft
        • Food & Beverage
          • Bradburys Cheese
          • QV Foods
        • Furniture & Fittings
          • Boss Design
        • Machinery & Equipment
          • Bendalls Engineering
          • BKW Instruments
          • BKW Instruments (DriveWorks)
          • Extract Technology
        • Medical Devices
          • Grant Instruments
        • Metal Fabrication
          • AJ Wells
          • Bendalls Engineering
          • Metaltech
        • Packaging
          • Roberts Mart
          • Smurfit Kappa Czech
          • William Say & Co
        • Pharmaceutical
          • Extract Technology
          • Fleet Laboratories
          • PZ Cussons
        • Plastics & Rubber
          • Dantec
          • Piolax
          • Radius

    • G&B Electronics

      “You can’t sit still in our industry, and with SYSPRO, we don’t have to. It is providing a strong foundation on which we can continue to build a more effective and more profitable business model, repaying the initial costs of ERP investment time and time again.”
      Laura McBrown, Managing Director

      Watch Video Case Study
  • Resource Centre
    • Resource Centre

      Browse our library of multimedia, brochures, white papers, newsletters, customer success stories and more. There’s something for every industry, every role and every business need.

      View all Resources
        • Brochures
          • Product Brochure
          • SYSPRO ERP Infinite Possibilities
        • eBooks
          • Digital Supply Chain – Are You Ready?
          • Digital Supply Chain – Beyond the Horizon
          • Digital Supply Chain – Navigating the Technology Landscape
          • Digital Supply Chain – What is a Digital Supply Chain
        • Factsheets
          • Access Control
          • Accounts Payable
          • Accounts Receivable
          • Activity Based Costing
        • Infographics
          • SYSPRO for automotive
          • SYSPRO for Chemicals
          • SYSPRO for Electronics
          • SYSPRO for Fabricated Metals Industry
        • Whitepapers
          • Embracing the Challenges and Opportunities of Industry 4.0
          • The Evolution of the Digital Supply Chain
          • Without Change There Can Be No Innovation
          • Adapting to Survive the Digital Transformation of Manufacturing
        • Webinars
          • Embracing the Challenges and Opportunities of Industry 4.0
          • The Evolution of the Digital Supply Chain
          • Without Change There Can Be No Innovation
          • Adapting to Survive the Digital Transformation of Manufacturing
        • Publications
          • Embracing the Challenges and Opportunities of Industry 4.0
          • The Evolution of the Digital Supply Chain
          • Without Change There Can Be No Innovation
          • Adapting to Survive the Digital Transformation of Manufacturing

    • Did you know

      K3 SYSPRO are the only UK Registered partner of SYSPRO Corporate

  • Advice Centre
    • Impartial Advice

      No matter where you are on your ERP journey we have impartial advice from industry experts to help guide you. So whether you are shortlisting vendors, part way through an implementation or an established user you'll find something for you.

      View all Advice
        • ERP Advice – Latest advice pieces by date published
            • K3s Knowledge Sharing Solutions Empower Manufacturers to Drive Business Growth
            • Manufacturers Exploit the Power of K3’s Solutions to Reap the Benefits of Joined-up Working
            • K3s ERP Gives Manufacturers the Visibility Required for Strategic Decision Making
            • What’s the Difference Between 3D Printing and Additive Manufacturing?
            • Packaging – Making the Throw-Away Profitable
            • How to Survive Industry 4.0 as a Plastics Manufacturer
            • How SYSPRO’s M.O.M Solution Improves Productivity and Efficiency
            • How ERP Can Reduce the Waste In Manufacturing
        • Jargon Buster
            • Blockchains
            • S.M.A.C
            • Internet of Things
            • Servitization in Manufacturing

    • Full Product Brochure

      Here’s everything you need to know – from A to Z – about SYSPRO and our award-winning Enterprise Resource Planning (ERP) software suite.

      Download Full Brochure
  • About Us
    • Industry Expertise

      When you buy a K3 solution you aren't just buying the latest technology, you are investing in a long term relationship with a team of industry experts all working to make your business more efficient, agile and profitable

      Meet the Team
        • The Company

        • News & Updates
        • Privacy Policy
        • Slavery Statement
        • The People

        • Management Team
        • Community

    • Full Product Brochure

      Here’s everything you need to know – from A to Z – about SYSPRO and our award-winning Enterprise Resource Planning (ERP) software suite.

      Download Full Brochure
  • Contact Us

  • Search
  • Menu

Activity Based Costing

You are here: Home / Our Solution / Financial / Activity Based Costing

Overview

SYSPRO Activity Based Costing allows for the accumulation and recovery of costs associated with the purchasing, manufacturing and selling of items, thereby facilitating accuracy in calculating product profitability. ABC is not another inventory costing method but rather it provides a different method of calculating these costs.

The Benefits of Activity Based Costing

  • User-defined elements of costs attached to transition points in the purchase, production and sale of products
  • Pre-production costs are apportioned as stock is received from Purchasing
  • Manufacturing costs are apportioned as stock is received from Work in Progress
  • Post-production costs are distributed through cost of sales as the final item is invoiced
  • Calculation of single batch or item-based activities
  • Phased implementation supported

Activity Based Costing Features

  • Define the cost elements to be allocated to stock
  • Run Activity Based Costing parallel to traditional costing during implementation
  • Assign the drive quantities for each element
  • Estimate appropriate recovery rates using system-generated estimates
Download Activity Based Costing Factsheet

Industries

  • Aerospace
  • Automotive
  • Chemicals and Fertilizers
  • Electronics
  • Machinery and Equipment
  • Metal Fabrication
  • Packaging
  • Pharmaceutical
  • Plastics and Rubber

Our Solutions

  • Manufacturing
  • Sales & Distribution
  • Financial
  • Human Resources
  • Reporting & Analysis
  • Integration
  • Mobility & Labelling

Services

  • Advice Centre
  • Resource Centre
  • Discovery Session
  • Product Demo
  • Finance Options
  • Hosting Options
  • Contact Us

Contact Us

: Baltimore House,
50 Kansas Avenue,
Manchester. M50 2GL.
: +44 161 8764 498
: info@k3syspro.com

: Support Login

  • Twitter
  • Youtube
  • Linkedin
Copyright 2019 K3 Syspro | Part of the K3 Group of Companies | Privacy Policy |Cookies | Modern Slavery
Scroll to top