About CAST

The Cost Alignment Scraping Tool (CAST) is a specialized application designed to ensure accurate profit representation by addressing erratic and frequent cost variances in General Ledger (GL) accounts. By aligning amounts in affected accounts, CAST helps eliminate large discrepancies on balance sheets, offering businesses a clear and precise financial outlook.

CAST provides two operational modes to cater to varied needs. The first mode focuses on transaction adjustments, amending values on physical transactions causing imbalances and performing essential relinks to maintain integrity. The second mode enables the creation of journal entries between affected accounts and the profit and loss statement, simplifying the alignment process.

With CAST, businesses can efficiently manage cost alignment challenges, ensuring streamlined financial operations and improved balance sheet accuracy.