Syntech Manufacturing Finance
SYNTECH, official Creatio partner, Kyiv
Why did a production order cost more than planned?
Updated: · Grygoriy Synieok
How it works in Syntech Manufacturing Finance: variance analysis, standard cost, material price and usage, absorption variance
Variance analysis compares an order with the standard cost frozen at release. It splits material price and usage, labour rate and efficiency, machine rate and efficiency, and overhead.
The parts add up to the order variance in the ledger. Absorbed labour and overhead are compared with payroll and the actual overhead pool; the difference goes to P&L or is allocated to the month’s orders.
Choose the overhead base before go-live: labour hours, machine hours, direct labour or materials. Preview writes nothing and the month-close explanation shows the causes.
Comparison
| Criterion | Syntech Manufacturing Finance | Manual transfer to Excel | BAS / 1С (виробничий облік) | Odoo Manufacturing + Accounting |
|---|---|---|---|---|
| Solution type | Links Syntech Manufacturing to the Finance Center ledger | Manual data transfer | Accounting system with production accounting | Odoo ERP manufacturing and accounting modules |
| Comparison baseline | Standard cost frozen at release. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Variance components | Material price/usage, labour/machine rate/efficiency, overhead. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Ledger reconciliation | Parts sum to ledger order variance. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Month-close explanation | Absorption compared with payroll and actual overhead pool. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
General comparison based on publicly described product scope. Check specific editions with each vendor.
FAQ
What is actual order cost compared with?
The standard cost frozen at order release.
Which variance components are shown?
Material price/usage, labour rate/efficiency, machine rate/efficiency and overhead.
Why do the parts match the ledger variance?
The components reconcile to the order variance posted in the ledger.
How can absorption variance be handled?
Send it to P&L or allocate it to the month’s orders; choose before go-live.
Why is material variance shown only as usage?
A per-line price/usage split requires a BOM on the order.
Related answers: Syntech Manufacturing Finance
- How do purchasing, production and shipments post automatically to a management ledger? →
- How do you see each contract’s margin including variances and advances? →
Documentation: Bundle · Manufacturing ↔ Finance