Materials

January 25, 2019

(Myth-busting) 3 Common Accounting Myths in Manufacturing

by Colin Quinn

What if I told you that everything you learned in school was wrong.. Ok, not everything but most things as it relates to accounting in manufacturing. Let’s dive into the three most common myths people have about accounting in manufacturing – myths that, often throw your business off balance and create major problems. Inventory is an asset Direct labor is consistent Making (or Buying) more reduces per-unit costs Myth No. 1 – Inventory is an Asset…

May 25, 2017

Why now is the best time to migrate to Deltek Costpoint – Part 3 Manufacturing

by Colin Quinn

In our second installment of our three-part series on “Why now is the best time to migrate to Deltek Costpoint,” we discussed the technology behind GCS Premier and the greater reporting and customization offered by switching to Costpoint. Previous Post: Why now is the best time to migrate to Deltek Costpoint – Part 2 Insight Now, we will discuss our final benefit gained by switching from GCS to Costpoint – Manufacturing GCS Premier has a pre-built material…