The Principles of Cost Accounting & what are the Duties and Responsibilities of a Cost Accountant?

With the increasing numbers of companies, the role of financial accounting in providing financial and accounting information is no longer sufficient to manage the functions of control

The importance of cost accounting and its applications on the best cost accounting software

The companies always seek continuity and presence in the business market, as the business market is characterized by intense competition and a permanent increase in the numbers of companies, companies had to build a strong system of costs ....

The most important characteristics of AccFlex ERP general ledger software and how to implement it in businesses

The appropriate choice of the accounting software is the most important step to ensure the success of the accounting software, choosing an accounting software ........

Post-date acquisition costs

After purchasing the fixed asset and works well, then we need maintenance and spare parts in order to be able to maintain its efficiency to live for long period, These expenses that we pay are called in the accounting" the subsequent costs of acquiring the fixed assets"

Provision for doubtful debts and the decline in the value of clients

Provision for doubtful debts or depreciation of customers, which will be included in most financial statements

Credit accounts of the company

It is common for companies to prefer cash sales to guarantee payment and reduce credit costs . However competition and required sales size lead companies to enlarge credit sales .

Manufacturing Overhead Budget

The manufacturing overhead budget consists of indirect materials are materials used in the manufacturing processes and which cannot be linked to a specific product or job; and indirect materials such as fuel, oil, spare parts, and maintenance materials ……

Selling, Administrative and Finance Budget

Administrative expenses that incurred by the company to perform a set of administrative functions; examples of which are functions of the finance department, legal department, human resource department, and security guard…………

The 5 advantages to choose the best Manufacturing ERP Software

If you look for the best Manufacturing ERP Software, ACCFLEX Systems present technical and accounting solutions with high quality.

ACCFLEX Production Software workshop

What are the stages of ACCFLEX production Software ? To what extent can you obtain an accurate cost of end productions including all costs through using Accflex production software ?

How to create the Cost Centre Directory with the Accflex Account Program

Directory of cost centers. What are the cost centers? It will vary from company to another or from one activity to another?

Production orders system as one of the costing systems applied in factories

Production orders system as one of the costing systems followed in manufacturing activities, What is the production orders system? How do I link the production orders system as one of the cost systems with the financial accounting system

What is industrial cost accounting?

The most important branches of financial accounting in most accounting programs, how to determine the price of the product, the efficiency of production lines, the strength of the commodity and its compatibility with the forces of supply and demand

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