Businessman in front of colleagues - Cost Accounting with Microsoft Dynamics AX

Cost Accounting with Microsoft Dynamics AX

Cost accounting is a crucial controlling tool for the entire management of a business because it provides information about business-critical costs and revenues and in this way forms the basis for important business decisions. Cost accounting in Microsoft Dynamics AX (formerly Axapta) allows you to extensively analyse fixed and variable costs to give you an in-depth understanding of all the costs incurred in connection with your business activities.

The module supports you in cost flow analyses, providing transparency over all of the cost factors within your organisation. With cost accounting in Microsoft Dynamics AX, you can perform detailed calculations of the financial performance and profitability of your business processes and business units.

Gain a complete cost overview

With cost accounting in Microsoft Dynamics AX, you can convert the information from financial management into cost data and compare and reconcile your chart of accounts with cost categories. The special cost accounting functions in Microsoft Dynamics AX permit cost-based regulation and cost reallocation, where necessary, and provide an overview in context without any modification of G/L entries. As a result, you always have control over all cost-relevant business data and can revert back to detailed and reliable analysis data in your decision-making processes.

Map out the future

Furthermore, the system allows you to work out and plan future cost flows and also to calculate cost rates on the basis of sales planning and budgets. This allows you to foresee the impact of business decisions on your bottom line and to define milestones and goals for future periods. You can also perform cost flow analyses on the basis of budgets and use the results to identify any deviations from the actual costs.

The benefits to you

  • Analysis of the entire cost flow
  • Support of modern cost-accounting procedures
  • Cost allocation on the basis of consumers or cost rates
  • Flexible, easy-to-use allocation schemes
  • Parallel versions of cost analyses for actual, projected, simulated or future strategies
  • Fulfilment of all requirements for analytical and consolidated reporting
  • Simple and intuitive to use thanks to the modern user interface

Interested in Dynamics AX?

By working with you, we know that we can find the ideal concept to meet your specific requirements. Get in touch with us to discuss how COSMO CONSULT and our Dynamics AX solutions can help you to get more output of your business.

Share this page

Contact Us!

COSMO CONSULT International

COSMO CONSULT
201 rue Carnot
94120 Fontenay-sous-Bois
+33 183 01 03 60
E-Mail
COSMO CONSULT
Schoenebergerstr. 15
10963 Berlin
+49(0) 30 | 34 38 15-0
+49(0) 30 | 34 38 15-111
E-Mail
COSMO CONSULT S.L.
Vallespir, 19 4ª Módulo 2
08173 Sant Cugat del Vallès, Barcelona
+34 902 820 242
+34 943 313 002
E-Mail
COSMO CONSULT AB
Ralambsvaegen 17
11259 Stockholm
+46 8 799 86 60
E-Mail
COSMO CONSULT
Ruetistrasse 16
8952 Schlieren
+41 44 830 6465
E-Mail
COSMO CONSULT Business S.L.
Presidente Riesco 5711, Oficina 802b
Las Condes, Santiago de Chile
+569 73769126
E-Mail
COSMO CONSULT Business S.L.
Avenida Cra. 45 # 114-78, Piso 6
Bogotá - Colombia
+57 320 7935148
E-Mail
COSMO CONSULT Business S.L
Checoslovaquia E10-105 y Eloy Alfaro
Quito, Ecuador
‪+593 99 608 4180
E-Mail
COSMO CONSULT Business S.L.
Rodolfo Gaona 81 Piso 7
Colonia Lomas de Sotelo
México, D.F. 11200
+52 55 2452-9200
E-Mail
Edificio Magel, Segundo Piso
Ave Samuel Lewis, Urb. Obarrio,
Ciudad de Panamá, República de Panamá
+507 6280 0343
E-Mail