On Calculation of Enterprise Logistics Cost with Project Accounting Function of Financial Software

Many people regard it impossible to calculate logistics cost in the enterprise by single-track system unless reforming Chinese current business cost accounting system. Consequently, two-track system should be adopted in calculating logistics cost. That is to say, it is necessary to establish Secondary Accounts of logistics cost in order to obtain logistics cost information, which will bring about a great deal of extra work that accountants have to undertake and increase business running cost. A methodology for calculating logistics cost with Project Accounting function of Financial Software is presented in this paper, which directly extracts logistics cost information from accounting data of enterprise without secondary accounts of logistics cost. The process of this calculation methodology will be implemented by UFIDA ERP-U8. Enterprise can obtain logistics cost information by this method at low cost, so it is of important and realistic significance.