Manufacturing Inventory functions of Account21 enhanced
Manufacturing Inventory

The Manufacturing Inventory functions are available in Account21 models ACCO04-S and ACC04-N. Though the manufacturing functions of Account21 may not be comparable with that is available in big ERP packages, they are quite powerful and can be effectively used by small manufacturing units.

The important features/functions of Account21 Manufacturing Inventory are explained below:

1.

Item Database: - The item database in Account21 is quite exhaustive. User can define whether the particular item is a BOM item or not. Any level of nesting of BOM items is allowed. User can define two alternate units (apart from the base unit) for each item. User can also specify whether the item is a long lead one and whether it is imported. All the standard features like minimum stock, reorder level etc can be specified.

2.

Product Cost: - Account21 can calculate the cost of a finished product from its Bill Of Material. The standard cost of individual items is used for calculating the cost of the product presently. User can add the labor/assembly cost of a product as part of the BOM definition.

3.

Requirement Analysis: - Based on the sales orders booked for the finished products, Account21 can calculate and display the components/items to be purchased. The calculation takes care of the purchase orders already placed, the quantity available in stock and the minimum stock to be kept while doing the requirement calculation. The report will indicate the imported and long-lead items separately.

4.

Planning of Raw Material: - This function is similar to the above, except that the requirement is calculated based on the input given by the user on the product(s) to be manufactured; doesn't depend on the sales orders in hand.

5.

Work In Progress report: - This gives a summary of items issued to production and its value.


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