Finance
 
 
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.   All valuation methods (Weighted Average, Standard Cost, FIFO, LIFO, and even Lot Cost for lot-tracked items), are maintained for all items.  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.