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Financial and Cost Management
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Once any fixed costs have been allowed, the remaining Recipe costs are allocated based on the costing method associated with the recipe – Fixed Percentage allocation, Fixed Ratio allocation or Allocation by Weight. |
Junction F/B provides a full-featured accounting including GL, AR, AP and support for sophisticated recipe and production costing. This includes financial management with dimensional capabilities, inter-company accounting and consolidation, with complete audit trails.
With Junction F/B, your accounting and finance team can play an active and valuable role in management and day-to-day operations. Flexible account structure and seamless integration with all business operations provide easy access to the financial effects of operations – all in real time. Automated accounting entries eliminate errors and save time for reviewing, analyzing and acting on financial information.
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Other features include:
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