User Guide: Manufacturing Cost Management
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Overview
This module is designed to automate and manage the various expenses that arise during the manufacturing of products. By integrating seamlessly with existing systems, it allows manufacturers to efficiently allocate overhead costs, ensuring accurate financial reporting and resource management. The module supports features like overhead master data management, production data tracking, and configuration settings, making it a comprehensive tool for any manufacturing business.
Features
- Cost of Process.
- Cost and Structure of Overheads.
- Posting Accounts Automatically.
- Bill of Materials includes additional manufacturing costs.
- Cost of Labour.
- Improved Production.
- Entries for Accounting Automatically.
MRP Overhead Cost
- Go to Configuration --> Overhead Master
- Set the Overheads in the Overhead Master.
- Add per unit Overhead cost on the Bill of Material.
- Go to Invoicing Settings --> Overhead Cost Journal
If the journal is not defined then the entries would be posted under Miscellaneous Journal.
- When BOM or product is add then automatically overhead costs set according to BOM or product.
- The effects of this can be seen in Journal entries.
- The Product BOM Overhead costing will also show on Product.