Cost Accounting & Calculation

Services
CFO Services

More efficiency through automation

Cost accounting is an essential component of internal management. Its task is to systematically record, analyze and control costs. This is the only way to ensure appropriate costing of products, services or activities. A clear structuring of cost centers, cost types and cost units facilitates the overview and decision-making - and is thus also the basis for effective cost and performance planning.

The core of cost unit accounting is the representation of the individual directly attributable cost items. In the context of planning, it is therefore important to map the composition of the cost objects with the individual cost elements (bills of materials, routings) and thus to be able to perform simulations on individual cost elements as well.

However, cost center planning is not just about collecting overhead costs and distributing them to accounts, months and cost centers. Since many employees are involved, it is especially important in this planning to map and automate the process cleanly. Predictive forecasting, account clustering, precalculations based on past data and, last but not least, workflows help to align cost center planning as efficiently as possible with corporate goals.

Detailed analysis of the cost structure

Allocations and internal activity allocation (ILV) also enable a more differentiated view of the cost structure in the actual values as well as in planning. For this purpose, there are different procedures that can be easily implemented, such as the simple allocation, multi-level procedures or mutual ILV. Finally, the traceability of the calculation is important, as is the possibility of freely selecting the source, target and allocation key. 

Whether simple or complex allocation methods, from full and partial costing, to stepwise contribution margin accounting, to acitivity-based costing: we have extensive experience and support you in the realization of your planning and analysis solutions.

Our services for you

Design target processes

In joint workshops, we define your individual target planning process. In the process, we determine the target process that makes the most sense for your company situation either on the basis of our best-practice templates through GAP-Fit or using the Green Field Approach.

Design target processes

Define cost and revenue dimension model

We work with you to develop the ideal data model for your planning processes - from the dimensional structure of cost centers, cost elements and cost objects to hierarchical relationships and the derivation of requirements for posting logic.

Define cost and revenue dimension model

Determine costing methods

Together we discuss the appropriate allocation and apportionment logic and define the steps for your incremental contribution margin accounting.

Determine costing methods

Detailed analysis of the cost structure

Based on templates, we develop your individual solution for the evaluation of cost and activity accounting on modern analysis platforms.

Detailed analysis of the cost structure

Integrate planning

For a seamless flow of information and efficient processes, we support you in integrating your planning solution into the system landscape and in connecting all operational systems.

Integrate planning

Optimize and automate forecasts

Use the potential of state-of-the-art technologies and methods for automation: Through statistical models, mathematical derivations as well as machine learning, we raise your forecast process to a new level.

Optimize and automate forecasts

Our services for you

Contact

Andreas Brühl
Senior Account Manager
celver AG

Discuss further details with our cost accounting expert!

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Our recommendations for you

celver webinar on the Balanced Scorecard at Olympus
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Balanced Scorecard at Olympus

Introduction of a holistic and data-based control process

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30
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Our recommendations for you

Our recommendations for you

celver case study Linde Engineering
Case Study

Linde Engineering

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Integrated cost center planning meets engineering

To the case study

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