--- title: ABW ERP Costing — Product, Job & Project Cost Tracking description: Understand the true cost of every job, product, and project. ABW delivers standard costing, job cost tracking, project management, and percent-complete billing with full GL auditability. --- [Skip to content](https://abw.com/costing#main-content) [![Info_Power_0001_New2025_Logo_2](https://abw.com/hs-fs/hubfs/Info_Power_0001_New2025_Logo_2.png?width=1200&height=379&name=Info_Power_0001_New2025_Logo_2.png "Info_Power_0001_New2025_Logo_2")](https://abw.com/?hsLang=en)   *ABW ERP ... A Better Way* to do business! - [Home](https://abw.com/abw-erp) - [Sales](https://abw.com/sales) - [Inventory](https://abw.com/inventory) - [Design](https://abw.com/design) - [Shop Floor](https://abw.com/shop-floor) - [Costing](https://abw.com/costing) - [Purchasing](https://abw.com/purchasing) - [Accounting](https://abw.com/accounting-ar-ap-gl) - [HR/PR](https://abw.com/accounting-hr-payroll) - [Financials](https://abw.com/accounting-financial) - [Integration](https://abw.com/integration) - [Support](https://abw.com/support) - [About Us](https://abw.com/about-us) - [ABW Quick Start](https://abw.com/abw-quick-start) ***A Better Way with...*** ## Costing Understanding the true cost of every job, product, and project is the foundation of sound budgeting and efficient production. ABW delivers end-to-end visibility across the full production lifecycle — tracking sales orders through work orders, materials into production, variances, and percent-complete progress for accurate billing. The result is sharper planning, stronger operational control, and the confidence to make informed decisions. **Every transaction is valued using the Standard Costs you define, with full auditability through to your General Ledger Journal Entries.** This guarantees financial accuracy, complete traceability, and total transparency into how every cost is calculated, recorded, and reported. ![shutterstock_2421442945_Med](https://abw.com/hubfs/shutterstock_2421442945_Med.jpg "shutterstock_2421442945_Med") > ## "It was my pleasure to work with the team at Info-Power/ABW. We have worked on a few projects, all related to MSSQL migration and data integrations, along with some custom MSSRS reports. Working with their team was an easy process; they were knowledgeable and great to work with, and allowed me to provide the solutions my customers needed. I wouldn’t hesitate to utilize their services again in the future." > > > > ![Capture+Technologies+new Logo-1](https://abw.com/hubfs/Capture+Technologies+new%20Logo-1.png) > > Joe Franco > > Vice President & General Manager, Capture Technologies - A Division of IdentiSys Inc. ![shutterstock_2124242855 _Med](https://abw.com/hubfs/shutterstock_2124242855%20_Med.jpg "shutterstock_2124242855 _Med")   **Key Features** ***A Better Way with...*** ## Product Costing Product Costing enables businesses to precisely calculate product costs by leveraging the detailed structure of Bills of Materials and Routings for each product. This robust standard is essential for identifying and analyzing manufacturing variances — driving efficiency and profitability across your operations. ***A Better WAY WITH...*** ## Job Costing Mastering job costing across every Work Order — whether Discrete, Repetitive, Process, Direct, or Indirect — and understanding their associated variances is critical to achieving meaningful operational control. **Key Features** ![shutterstock_2511448787_Med](https://abw.com/hs-fs/hubfs/shutterstock_2511448787_Med.jpg?width=1000&height=563&name=shutterstock_2511448787_Med.jpg "shutterstock_2511448787_Med") ![shutterstock_2546118013_Med](https://abw.com/hubfs/shutterstock_2546118013_Med.jpg "shutterstock_2546118013_Med")   **Key Features** ***A Better Way with...*** ## Project Tracking Project Tracking seamlessly integrates Sales Orders and Work Orders into a unified project view, giving you meaningful visibility across every stage. Group Numbers allow you to summarize Work Order costs by estimating category, making it easy to monitor progress and control spending at any level of detail. **Reporting** ***A Better Way with...*** ## Percent of Completion For companies using Progress Billing based on work completed to date, mastering Percent Complete is essential for accurately managing Cost of Goods Sold accruals and ensuring precise Revenue Recognition. **How It Works** - Create the Sales Order and configure it for Progress Billing - Open the Work Order when ready to manufacture - Cross-reference the Work Order to the Sales Order and Line Number - Define the Percent Complete header linking the Sales Order and Work Order - Set Estimated Cost or Standard Cost as the basis for calculation - Post Labor and move quantity on the Work Order - Calculate Percent Complete based on estimated hours and move quantity - ABW calculates accrued revenue and COGS to date ![shutterstock_360707312_Med](https://abw.com/hs-fs/hubfs/shutterstock_360707312_Med.jpg?width=1000&height=667&name=shutterstock_360707312_Med.jpg "shutterstock_360707312_Med") - ABW creates a Progress Billing for the amount since the last billing - Complete production on the Work Order - Ship the Sales Order - Invoice the Sales Order — previous accruals are automatically reversed - Ship the Sales Order - Invoice the Sales Order and Previous Accruals will be Reversed [Let's Talk!](https://abw.com/lets-talk?hsLang=en) ## Know the Cost of Everything. Control the Cost of Everything. **Info-Power International, Inc.** (972) 424 - 4447 ext. 231 Plano, TX         *ABW ... A Better Way* to do business! [**Home**](https://abw.com?hsLang=en) [**Sales**](https://abw.com/sales?hsLang=en) [**Inventory**](https://abw.com/inventory?hsLang=en) [Design](https://abw.com/design?hsLang=en) [Shop Floor](https://abw.com/shop-floor?hsLang=en) [Costing](https://abw.com/costing) [**Purchasing**](https://abw.com/purchasing?hsLang=en) [**Accounting**](https://abw.com/accounting-ar-ap-gl?hsLang=en) [Integration](https://abw.com/integration?hsLang=en) [Support](https://abw.com/support?hsLang=en) [**About Us**](https://abw.com/about-us?hsLang=en) [**ABW Quick Start**](https://abw.com/abw-quick-start?hsLang=en) Copyright © 2025  Info-Power International, Inc. All rights reserved.