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Plex Online supports Standard Costing, Job Costing, and Actual Costing, including a variety of
summary, detail and cost variance reports. Plex is designed to support the level of costing you
need. Because Plex tracks and records all physical events (receiving, production, inventory status
changes, scrap, subcontract, shipping, etc.) on the shop floor, it's ideal for tracking cost. How
much does it cost to make a certain part? Which parts are more profitable? How low a price can I afford
to quote? Where is all my money going? Answer the questions with precise data instead of guesses.
Features (Click [+] or [-] to expand/collapse a feature.)
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Actual Costing 
A comprehensive system for tracking actual costs within the manufacturing process by defining specific
cost points.
Advanced Standard Costing
This modules provides a full set of tools and reports for performing standard costing in a manufacturing
company. It uses the Cost Setup, Part Cost Structure and Inventory Valuation modules as its base, and
then adds additional capabilities. The most important capability is the Standard Costing Activity Report
(SCAR). The SCAR shows an ultra-detailed and/or summarized history of all company activities that effect
inventory valuation (at standard) between two points in time. These transactions include all receipts,
production, consumption, scrap, manual inventory adjustments, cycle/physical inventories, and shipments
--all valued at standard cost. The SCAR data can be searched and/or organized by Part/Operation, by Account,
and a variety of other methods.
Cost Setup
This module is used to define and configure the Cost Types (Labor, Material, Overhead, etc) and Cost
Sub Types (Setup Labor, Production Labor, etc) that are used throughout the rest of the system. This
module is required as a base for all the other types of costing and also to configure labor activity
tracking.
Inventory Valuation - Standard Cost
Using the Part Cost Structure as its base, this module provides Inventory Valuation at Standard. The
Valuation can be viewed as a detailed and/or summarized report, at the current moment in time or at any
point in the past. This is ideal for those situations where the accounting department needs to know the
inventory value at particular moments in time (at the beginning and end of the month, for example) in
order to do its month end closing. This module also allows you to value inventory based on different
Cost Models and to easily compare the results between the two.
Job Costing
A system for tracking actual costs against specific jobs as they are processed.
Part Cost Structure
The Part Cost Structure module provides the ability to setup a sophisticated Cost Structure for each
operation in the routing of each part (and each Material). Each part/operation cost is made up of one
or more user-definable Cost Components (Labor, Material, Overhead, Packaging, etc). The values for each
Cost Component can be entered manually or calculated automatically based on a formula which draws on data
from data elsewhere in the system (such as the production rate defined in the Process Routing). The Cost
Structure includes a full security scheme, a detailed change history, the ability to handle multiple Cost
Models, the ability to copy, save and protect Cost Models, the ability to override specific automatically
calculated values with manual entries, and a array of other features. The Part Cost Structure module can
be used as a stand-alone module, but it is usually used as the basis for either the Simplified Standard
Costing system or the Advanced Standard Costing System.
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