This book provides targeted guidance for actual costing with the material ledger. The book starts by offering a concise introduction to actual costing and the material ledger and then moves into very practical, usable content for starting, configuring, and using the material ledger for actual costing activities.

Content is organized around, and provides information for, the most relevant actual costing topics including standard costing, manufacture costing, overhead variances, Work In Progress variances and IFRS and parallel valuation.