Know the true cost of every product before you quote it.
Solis Cost Accounting rolls up material, labour and overhead from the bill of material and routing, so price decisions rest on facts.
Capture actual shop floor cost, order by order.
Issues, labour hours and overheads post to each production order. Variances appear while there is still time to act.
See which products, customers and plants really earn profit.
Margin and profitability reports tie every sales invoice back to its actual cost of goods sold.
Build the cost of every item from its bill of material and routing. Compare standard, simulated and actual cost, and approve the standard for the period.
Set selling price against cost to see margin by product, customer, region and plant. Spot low-margin orders before they are accepted.
Post material issues, labour hours and overheads to each production order. Review price, usage and efficiency variances and value work in progress.
Link every sales invoice to the actual cost of goods sold. Track gross profit by product line, customer segment and month.
Costs that finance can trust and operations can explain.
When costing sits apart from production and stores, month end becomes a reconciliation exercise. Solis keeps cost accounting inside the same ERP that plans, issues and receives, so every rupee has a source document.
Standard cost
The planned cost of a product, built from BOM, routing and rates.
Actual cost
What material, labour and overhead really cost on each order.
What better cost visibility changes.
Sample figures from a mid-size discrete manufacturer. Your numbers will vary.
from 9 days to 6
in six months
no manual journals
tracked per order
Build the cost of a product from its parts, operations and overheads.
Roll up multi-level BOMs and routings into cost components. Compare standard, simulated and actual cost for any item.
Cost roll-up by product
Cost per unit in ₹, split by cost component
Illustrative data. Bar length is proportional to total unit cost.
How a cost roll-up runs
From item master to approved standard cost
- Set ratesDefine labour, machine and overhead rates by work centre.
- Run the roll-upCost every level of the BOM, bottom up, with routing operations.
- Simulate changesTest a new supplier price or design change before it goes live.
- Approve and releaseFreeze the standard cost for the period with a full audit trail.
Multi-level cost roll-up
Costs flow from purchased parts through sub-assemblies to the finished product.
Cost components
Material, labour, machine, subcontract and overhead stay separate for clear analysis.
Simulation
Compare current, simulated and actual cost side by side before a decision.
Spot the products that sell well but earn too little.
Set selling price against cost for each product, then see where margin falls below target.
Gross margin by product
Selling price less standard cost, as % of price
Maroon bars are below target. Illustrative data.
Price, cost and margin
Per unit, in ₹
| Product | Price | Cost | Margin |
|---|---|---|---|
| GB-200 | 7,900 | 6,200 | 1,700 |
| PA-110 | 5,600 | 4,000 | 1,600 |
| CP-50 | 13,200 | 11,000 | 2,200 |
| MF-30 | 4,600 | 3,200 | 1,400 |
Control Panel CP-50 has the highest absolute margin but the weakest percentage. Material is 74% of its cost, so supplier pricing is the lever.
Margin by dimension
Slice margin by product, customer, region, sales channel and plant.
Price what-if
See the effect of a price or cost change on margin before you send the quote.
Margin alerts
Flag sales orders and quotes that fall below the target margin for approval.
Follow cost through production, order by order.
Material issues, labour hours, machine time and overhead absorb to each production order. Variances show where the plan and the plant parted ways.
Variance analysis
Standard versus actual, September, in ₹ lakh
Net variance +1.3 lakh favourable. Illustrative data.
Work in progress at a glance
Cost absorbed by stage, open production orders
Values in ₹ lakh. Illustrative data.
Issue material
Components issued to the order post at actual or average cost.
Report labour and machine time
Hours confirmed on the shop floor are costed at work centre rates.
Absorb overhead
Overheads apply by hours, quantity or value, as you define.
Close and settle
Finished goods receive actual cost. Variances post to the ledger.
A month-end cost close you can schedule and follow.
A typical Solis cost close runs in ten working days. Each step has an owner and a clear dependency.
Sample schedule. D1 to D10 are working days after period end.
Find out where profit is made, and where it leaks.
Link each invoice to the actual cost of goods sold. Review profit by product line, customer segment and month.
Gross margin trend
Monthly gross margin %, April to September
Illustrative data.
Profit contribution
Share of gross profit by customer segment
Illustrative data.
Four areas of cost accounting, one connected system.
Each area shares the same item, BOM, routing and ledger data.
Product costing
Roll-up, simulation, standard cost approval and cost history by item.
Cost and margin analysis
Margin by product, customer and plant with price what-if and alerts.
Manufacturing costing
Order costing, WIP valuation, overhead absorption and variance reports.
Costing profitability
Invoice-level profit with actual cost of goods sold and trend reports.
Useful for every team that touches cost.
Cost accountant
Run roll-ups, absorb overhead and close the period with fewer manual steps.
Finance controller
Review variances and approve standard cost with a clear audit trail.
Sales head
Quote with known margin and avoid orders that lose money.
Plant manager
See scrap, usage and efficiency losses in rupees, not just units.
Purchase manager
Measure supplier price impact on product cost and margin.
Business owner
Know which products and customers deserve more of your capacity.
See Solis Cost Accounting with your own products.
Bring a BOM and a routing. We will show the roll-up and margin view.