Overhead Differences
G/L difference accounts are determined through overheads or connection codes. Calculations are performed as follows:
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Efficiency Variance = ((Actual Work Order Quantity - Planned Work Order Quantity) / Budgeted Planned Unit Cost
Workstation and Labor Differences
G/L difference accounts for employees and workstations are determined through connection codes, and through workstation records or connection codes respectively. Calculations are performed as follows:
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Note: Material differences are tracked through actual usage and scrap slips.
Corrections
Corrections are aimed to adjust cost differences resulting from changes such as input from production quantity or cost factor changes and usage / scrap / warehouse / input from production transactions that have planned transactions but no actual transactions by transferring them to right accounts with right shares. Two transaction types can be transferred:
- Corrections for Input from Production Transactions
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