The task of cost accounting entails the allocation of operating expenses and income according to the causation principle. These items are transferred by means of separate apportionment formulas to single projects/objects in cost accounting.
Among other things, this supplies you with the following information:
- Where and for what reason costs were incurred
- What a product or service really costs
- Who is responsible for which result
The direct allocation of costs to the respective cost units (direct costs) and cost centers (overheads), and of costs not related to the operational purpose, provides the answers to these questions.
We will gladly help you with the establishment of your cost accounting system.