The Costing Tool is a very sophisticated cost management tool that can be used by any entity for accurately determining costs/ profitability of their products/services/projects.

  • The tool uses cutting-edge algorithms for determining cost for each product/service/project using Absorption Costing principles thereby aiding in fixing selling-price as well as  ascertaining profit/loss  for the entity as a whole for any given period. The tool can be readily used without needing any customization by any company operating in any industry, be it manufacturing, construction, trading or services sphere.
  • The reporting system in the tool features the following:
    • Total direct costs split into product/project-wise direct costs.
    • Product/project-wise and total overheads segregated into production overheads, administrative overheads and selling overheads
    • Product-wise/Project-wise and company-level sales and profitability
    • Dashboard that ranks the products/projects in three dimensions, viz., overall sales, per unit profitability and overall profitability.
    • Intuitive charts by which the user can analyse direct costs and total costs in various facets.
  • The user can enter any number of products / services that they deal in , any number of direct cost items (direct materials, labour), overhead items etc., into the tool , and accurately determine marginal cost as well as total cost of each such product/service , and accordingly fix or alter prevailing their selling-price, control various costs,  based on the cost analysis methodologies available in the tool.
  • Whilst the Costing Tool is one of the most advanced tools of its kind, it is  extremely intuitive and simple to use, with the tool also featuring a detailed user guide.
  • As the tool is an Excel file, it will run readily on any PC that has MS-Office installed in it without requiring any software installation.
  • The tool has perpetual license validity and thus, the user need not pay yearly license renewal fees to continue using the tool. The pricing is also extremely competitive.
  • Detailed training on using the tool will be provided to the user after they buy the full version of the tool.

Pricing details for the full version of the tool:

Tool priceOne-time fee of INR 10,000 (inclusive of GST)
License validityPermanent
No. of installationsTwo systems

Please email us at support@gmtechanalytics.com or call us at +91-86104 39343 in case you are interested in buying the full version of the tool.