Compare planned and actual cost
Planned cost lets you set a price before you have bought anything. Actual cost tells you whether the plan was right. Keelvy keeps both and shows the difference, so a drift in purchase prices is noticed before it reaches your margin.
Two ways to read a bill of materials
Section titled “Two ways to read a bill of materials”On a bill of materials, Calculate by switches the whole page:
- By plan: each material at its Production cost, the basis price lists use. Real consumption on production orders is not recalculated here. You edit the composition in this mode.
- By actual: each material at the moving average of its purchase prices. The page is view only.
If any input has no cost, the card says Incomplete: how many materials have no standard cost or no purchase cost, how many semi-finished parts are only partly costed, and which steps have no rate. Set cost and Show materials take you to the gaps. A partial figure is a floor, never a total.
Compare plan and actual cost opens Finance → Cost variance.
See where the money goes
Section titled “See where the money goes”On a bill of materials, Truecost — cost by category splits the cost into Materials, Labor, Machine time and Overhead, on either basis, for This level or All levels of a layered product. See Build in layers.
Find what has drifted
Section titled “Find what has drifted”- Open Finance → Cost variance. It is limited to finance roles.
- Set the Flag threshold % and click Apply.
- Read Components and Products. Each row shows Production and Actual cost, the Variance in money and as a percentage, and the Margin %.
Rows beyond the threshold are marked Drifted: the production cost has moved away from what things really cost, and is due to be re-set. If the plan and actual are in different currencies, the row says Currencies differ and shows no variance, because the difference between two currencies is not money.
To re-set a material’s production cost, click Adopt actual on its card. That copies the actual cost into the production cost. If your workspace requires approval for production cost changes, a reviewer approves it first.
What a finished run locked
Section titled “What a finished run locked”A production order locks what the run really cost when it finishes: materials, labor, machine time and cost per unit. Machine time falls back to the plan when the run recorded no machine hours. A finished run keeps its cost, so a later purchase never changes a batch already made. See Complete a production order.