In LX, the actual costs that can be set up fall into three categories: Material, Labor, and Overhead. If your LX database is set up properly with the LX cost accounting, you should be able to identify:
- How much the item should cost
- How to track the cost of work underway
- How much the item actually did cost
- Why the job cost varied from the expected cost
Capturing the data to track activity with associated costs can be time-consuming. With an MES solution, the information you need for costing is tracked instantly.