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How to perform Activity Based Costing in Standard Time
Activity Based Costing features in Standard Time
Standard Time provides flexible ways to perform project costing, in addition to other project planning and project management features. Salary and client costs are computed regardless of the method used to track time by users, timesheet, timer, or project tasks. Project costing in Standard Time is computed in one of three ways:
- Category based costs (most flexible)
- Resource based costs
- Project based costs (simplest)
Category based costing is the most flexible because it allows you to choose a different salary and client cost for each task you perform. Categories can be assigned to each resource, or shared globally. Resource based project costing uses simpler calculations based on the user who logs the task. A simpler activity based costing option is project based. It uses a fixed cost for any task within the project. Regardless of the method chosen, client and salary costs are both calculated and always available within Standard Time. Learn more about Project Costing
Works with Microsoft Project
Optionally, project tasks from Microsoft Project may be integrated right into Standard Time for simplified a timesheet and time tracking. The link is bidirectional, and always hot. Project planning may be performed in Microsoft Project software, and time tracking performed in Standard Time using the timesheet or timer. All logged time is sent back to the original Microsoft Project MPP file. Learn more about QuickBooks integration...
What are the features and benefits?
- Activity Based Costing, based on project tasks
- Employee timesheet and time tracking
- Project planning and project management
- Gantt chart and resource allocation
- Integration with QuickBooks and Microsoft Project
- Much more...
- Download an evaluation now!
How much does it cost?
View Pricing and Order Here...
Can I download an evaluation copy?
Yes, click here to download a 30-day trial version.
How can I contact sales and support?
Sales
Support
Phone:
Sales/Technical: (719) 488-8697
Mail:
Scoutwest, Inc.
17860 Grama Ridge
Colorado Springs, CO 80908
Learn more about Scoutwest...
Purchase Standard Time Here...
Learn about Standard Issue Here...
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