Cost accounting

Completed

Cost accounting lets you collect data from various sources, such as the general ledger, sub-ledgers, budgets, and statistical information. You can then analyze, summarize, and evaluate cost data so that management can make the best possible decisions for price updates, budgets, cost control, and so on.

The Cost control workspace is a central point where managers who are responsible for controlling a cost object or a set of cost objects within a dimension or across dimensions (for example, cost centers and product groups) can access reports. The reports in the workspace are fully managed by cost accountants so that the layout and data that are used for reporting can be consistent across the whole organization.

This image shows the Cost control page in Cost accounting > Workspaces > Cost control

Screenshot showing the Cost control page.

For more information, see the Get started with cost accounting for supply chains in Dynamics 365 Finance learning path.