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Products
ERP : Enterprise Resource Planning
Financials Module
Cost Management

The Nujit costing system allows for complete costing flexibility that includes FIFO costing, standard costing, average costing and LIFO costing. Additional NICOGS (Non-Inventory COst of Goods) charges, actual or accrued, can either be allocated directly to the cost of materials. Material and all other costs follow the goods from receipt to the delivery directly to the customer. This level of detail gives a much clearer picture for the actual cost of purchasing the product and their profitability of the transaction.

FIFO Management
Maintain Cost Tiers and see financial impact of costing decisions prior to posting.
Management the cost spreading of bulk equipment or lot purchases.
Choose costing method by part number but view other costing information.
Manage Drop Shipments for customers.
Export cost records to ERP System. Review and update cost tiers with Quantity on Hand information.
View sources such as purchase orders, inventory adjustments, work orders, credits, customer receipts.
Average, Last, Actual and Standar 
Select the cost management for each individual part.
Review the costs.
Cost Batches 
Review cost batches by receiving, inventory, customer, sales invoice posting, and inventory evaluations.
Change receiving costs if necessary and optionally update purchase orders for lot purchases.