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  2. Product cost management - Wikipedia

    en.wikipedia.org/wiki/Product_cost_management

    Some practitioners of PCM are mostly concerned with the cost of the product up until the point that the customer takes delivery (e.g. manufacturing costs + logistics costs) or the total cost of acquisition. They seek to launch products that meet profit targets at launch rather than reducing the costs of a product after production.

  3. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    A handwritten spreadsheet. A basic estimating spreadsheet. Cost estimators used columnar sheets of paper to organize the take-off and the estimate itself into rows of items and columns containing the description, quantity and the pricing components. Some of these were similar to accounting ledger paper.

  4. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...

  5. Assets vs. Expenses: Understanding the Difference - AOL

    www.aol.com/finance/assets-vs-expenses...

    Assets are tracked on the balance sheet to a dedicated account. For instance, if your restaurant purchases an oven for $2,500, you can debit that amount to the fixed asset account.

  6. Free Accounting Tools for Small Businesses

    www.aol.com/free-accounting-tools-small...

    In addition, Manager supports sales quotes, billable time tracking, and inventory management. It includes many reporting options, such as profit and loss statements, aged receivables, and a ...

  7. Extended cost - Wikipedia

    en.wikipedia.org/wiki/Extended_cost

    In accounting, an extended cost is the unit cost multiplied by the number of those items that were purchased. For example, four apples purchased at a unit cost of $1 have an extended cost of $4 (=$1 × 4 apples). [1] By accurately tracking extended cost, a business can make more informed decisions about pricing, purchasing, and inventory ...

  8. Expense and cost recovery system - Wikipedia

    en.wikipedia.org/wiki/Expense_and_cost_recovery...

    An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.

  9. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    The cost breakdown analysis is even more effective when repeated constantly, so that changes in the respective shares in total costs of the various cost drivers can be tracked down. Over a five-year period, the share of expenses for tires might have risen from 5% to 8%, accompanied by a decrease of expenses for personnel from 35% to 32%, which ...