Cost Allocation and Settlement

Solution overview

Allocating and settling indirect costs is a time-consuming and labour-intensive task. The ANEGIS Cost Allocation and Settlement module allows you to automate the process and let Dynamics 365 do the heavy lifting for you. Using lagging financial data leads to unreliable costs analysis. The module enables settlement with real-time data, allowing in-depth and accurate financial analysis.

Cost Allocation and Settlement module overview

The result of the cost accounting mechanism is a financial spreadsheet with transfers to financial accounts and/or projects.

The Cost Allocation and Settlement module provides the operational visibility necessary to make reliable analysis and informed decisions.

Cost Allocation and Settlement parameters — Allocation and cost calculation parameters

Cost Allocation and Settlement features

define any number of algorithms/keys for cost settlement
define deviation indicators
generate costs allocation/accounting allocation; post both to the general ledger as well as project transactions
perform settlement by source of main account and financial dimensions, into other financial dimensions
define the scope of accounts included in the specific definition of cost settlement
define the scope within the financial dimension
define non-financial keys (kilometre, hour, metre, etc.)
define formulas with which to perform cost settlement
distribute account balances (e.g. purchase costs, deviations) according to the proportion of materials used
generate in the general ledger an unrecorded financial spreadsheet with an appropriate allocation of costs in account records/projects
define the order of calculations according to definition (stage queue) – building sets containing several calculations arranged by the specific conversion logic
generate calculation results to a selected table, e.g. valuation sheet, rate table

Cost Allocation and Settlement Calculation table — Calculation table

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