BCO helps you to increase your insight into the financial situation of your company and puts you in a better position to determine your cost price. Do you have knowledge of cost prices and do you know the BCO modules? In this article you will find a step-by-step plan to easily set up BCO.

Once BCO has been set up, you can start monitoring the budgets. The various BCO Dashboards serve this purpose. Budget control based on these dashboards is central to this article. In addition, a number of scenarios arising from the design of BCO are discussed.

The BCO Coverage and Occupancy Monitoring dashboard can be used to monitor the extent to which the budgets set match the actual direct hours, the man-machine ratio and the coverage. This also makes it possible to monitor the extent to which the costs are covered by the direct hours realised. These are visible both graphically and in grids.

The BCO Employee Plan dashboard provides insight into which employees are included in the BCO employee wage costs and provides an overview of the wage costs, social security costs and the net rate. In addition, some key figures are visible with regard to the selected employees.

With the dashboard Sub-administrations you can gain insight into the financial flows within your company. The dashboard can be run per month and shows the inflows and outflows of your work in progress and stock and how your cost price is built up.

With the standard dashboard Price Differences Analysis insight can be gained into the resulting price differences based on the fixed transfer price.

The default dashboard General Ledger Account Result Comparison displays the income statements of the trial balances for the registered fiscal year, along with the corresponding budgets and figures from the previous fiscal year.