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.

What does an employee cost me per hour and does his hourly rate still match the job group? You can answer these questions based on the workable hours by entering the labor costs of all employees for an entire fiscal year. In this article you can read how to determine the costs of your employees.

Based on the allocated budgets for all employees and all operations, you fill in the Occupancy Plan, a matrix in which you indicate who is expected to do what for the coming year. You use the Coverage Plan to divide all costs, except labor costs, over the direct and indirect operations and to divide all indirect hours over the direct operations.

The purpose of the standard dashboard 'BCO Exploitation Plan' is to gain insight into the setup of budgeting for the operations in BCO. Based on the budgeted hours and the costs of the operations, the net price is compared with the price configured for the operation.

The standard dashboard 'BCO Employee Plan' provides insight into which employees are included in the BCO employee labor costs and gives an overview of the labor costs, social charges, and the net rate. Additionally, some key figures related to the selected employees are visible.

Hour categories determine the financial settlement of registered hours. Depending on the hour category, the job group on the employee and the administration settings, the different surcharge percentages are determined for cost price and subsequent calculation of the operation and the time spent and any overtime position, split into a man and machine part.

This article describes the administration settings on the 'General' tab. This tab contains the settings for 'Pricing'.

For describing the production process, operation steps can be entered from the 'Operations Management' table. A large number of properties can be set as default. Modifications within the production order are possible if desired.

Employee Management is used to record the master data of the employee. The screen has various buttons on the toolbar and several tabs.

A rate adjustment is often implemented simultaneously with a fiscal year transition, if desirable and necessary of course. Different rates are available within MKG. For two types of rates of operations, net and billable rate, you can specify a price per hour, with which MKG calculates different prices.