Total cost of acquisition
The Total Cost of Acquisition (TCA) is a managerial accounting concept that includes all the costs associated with buying goods, services, or assets.[1]
Generally, it is the net price plus other costs needed to purchase the item and get it to the point of use. These other costs can include: the item's purchasing costs (closing, research, accounting, commissions, legal fees), transportation, preparation and installation costs.[2]
Typically they do not include training, system integration costs that might be considered operational costs.
See also
- Total cost
- Total cost of ownership
- Procurement
- Acquisition process in purchasing
- US Government acquisition process
References
- ↑ Standard definitions
- ↑ Paquette,Larry, (2004).The Sourcing Solution. AMAMOC, New York, 109-115
External links
- Business Dictionary
- The Sourcing Solution, Google books)
- Example of application of acquisition costs
This article is issued from Wikipedia - version of the Thursday, January 23, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.