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Cost accounting

Cost Accounting

LabCost® assists laboratories in obtaining a more thorough insight in cost structure and cost development. LabCost® is an innovative application based on an inventive 7-steps model. This model uses information already available within the organization.

Commercial and operational information are related to financial information from the general ledger. Based on this bundled information, cost prices and margins are calculated.

• Clear picture of cost structure
• Indirect costs allocation
• Supports cost saving alternatives
• Accurate cost price determination

 

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