The first pillar of a classical cost accounting system is made up by the so-called cost type accounting system, which classifies a company’s costs for example by the nature of their traceability (direct vs. Rather than trying to create an own mediocre definition here, let’s rather focus on the different pillars of a classical cost accounting system, which are illustrated in the next drawing. If you search for the term cost accounting, you will easily find numerous definitions that describe what cost accounting is all about. The previous module and its functionalities have, however, been discarded and not a single line of code has been reused for the new cost accounting module.īefore jumping into the new cost accounting module functionalities, let’s start with some general notes on the cost accounting theory in order to prepare the playground for the subsequent setup and analysis of the new cost accounting module functionalities. Previous Dynamics AX versions also had a cost accounting module integrated. Recently, a new cost accounting module has been released for Dynamics 365 for Finance & Operations Enterprise Edition (In the following short ‘D365’).
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