⭐ Description

In this in-depth training session, Mary Hoffman explains the importance of true actual costing in VISUAL ERP and why manufacturers rely on accurate, real-time cost visibility across materials, labor, subcontracted services, and burden. Mary explores how actual costing impacts product profitability, job costing accuracy, and decision-making—especially when material prices change after receipt, purchase orders are updated, or vendor invoices differ from the original PO.

The video demonstrates how VISUAL ERP’s Manufacturing Window provides a clear, visual representation of a multi-level bill of material (BOM), showing every sub-assembly, routing step, and component involved in building a finished product. Mary walks through a complete costing scenario, following materials from purchase to receipt to job issue—highlighting how VISUAL maintains detailed cost buckets for material, labor, services, and burden at every level.

You’ll see how VISUAL handles cost variances, rolling up actual costs through sub-assemblies without losing visibility into the original cost elements. The tutorial covers placing purchase orders, receiving materials directly to a job, managing cost changes, issuing materials, entering labor, and validating sub-assembly costs through an inventory valuation report.

This session is ideal for cost accountants, controllers, production managers, and ERP users who need reliable actual costing, transparent cost roll-ups, accurate job costing, and real-time visibility into the true cost of production in VISUAL ERP.

🔑 Keyword List

Primary Keywords

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Secondary Keywords

• Multi-level BOM costing

• Material cost variance ERP

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Long-Tail Keywords

• How VISUAL ERP handles actual costing and variances

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• How cost changes after receipt affect job costing

• Tracking material, labor, and burden costs in VISUAL

• Understanding sub-assembly cost visibility in ERP