Demo Video: Inventory valuation using the specific identification method for manufactured products
If the products manufactured in your business are managed by batch or serial numbers and you want to view inventory valuation reports based on actual specific identification, this module will help you calculate inventory using the specific identification method.
Key Features
- The module allows calculating and reporting inventory valuation using the specific identification method.
- It applies to both main products and by-products in the manufacturing process.
Benefits
- Increase accuracy in inventory valuation: Helps businesses manage inventory closer to actual value, especially useful when raw material and product prices fluctuate.
- Meet detailed reporting requirements: Suitable for businesses that need to provide transparent inventory valuation reports for audits or partners.
- Optimize manufacturing processes: Helps businesses manage inventory more accurately, ensure precise product valuation, and minimize risks during production.
Who Should Use This Module?
Manufacturing businesses that manage products by batch or serial numbers, especially in industries with strict traceability requirements such as pharmaceuticals, food, technology and v..v..
Editions Supported
- Community Edition
- Enterprise Edition
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