| Powered
by Microsoft Dynamics GP, BatchMaster
provides a totally-integrated manufacturing
and financial solution. |
| All
transactions immediately update
the general ledger, allowing full financial
reporting at any time within an accounting
period. Manufacturing costing is instantaneous
with the opening, suspense (WIP), or
closing of any production batch –
no waiting for period-end cost roll-ups. |
| Inventory
costing method is defined at either
the item or product family. This allows
(as an example) ingredients and packaging
to be valued at Weighted Average while
valuing finished goods at Standard Cost
to smooth out manufacturing variances.
While all valuation methods (Weighted
Average, Standard Cost, FIFO, LIFO,
and even Lot Cost for lot-tracked items),
are maintained for all items, true market
costs are available in real-time. This
allows for precise reporting and valuation,
cost roll-up of alternative values,
and changes in valuation methods with
automatic General Ledger adjustments. |
| Instantaneous
update of Accounts Payable upon receipt,
immediate update of Accounts Receivable
upon invoice. |
| Reporting
across departments and entities is comprehensive
with FRx and financial dashboards. |
| BatchMaster
also integrates with other popular Financial
packages – click
here for more options. |
| Click on
“Choosing a Solution”
for more information. |
| |
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