Tiger 3 Enterprise User Guide
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The Definitions menu located in the Administration section of the LOGO application contains Cost Accounting Parameters option for cost accounting to be used. This parameter is used to specify the cost accounting method used by the company.

  • Anchor_Hlt129518224_Hlt129518224 Anchor_Hlt129518164_Hlt129518164 Anchor_Hlt129161652_Hlt129161652When "Planned Costs Will Be Used" is selected, material costs are calculated by first using planned costs. When actual values are determined at the end of the period, differences are transferred into material costs through difference accounts. Anchor_Hlt129161658_Hlt129161658 Anchor_Hlt129108439_Hlt129108439 Anchor_Hlt129518072_Hlt129518072 Anchor_Hlt129518073_Hlt129518073
  • When "Actual Costs Will Be Used" is selected, actual figures at the end of the period are applied to material costs and posted to G/L.

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