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Yield Calculation and Finished Good Costing
Calculate yields and costs of finished goods with ease. Automatically capture production costs and analyze product profitability. Generate reports that can be used to assess price competitiveness.
Obtain the exact cost of producing the finished product. Track the exact costs of the raw material used, the labor costs involved, and the overhead costs such as depreciation, taxes and insurance. Monitor production cycle, analyze results and adjust manufacturing process to ensure maximum efficiency. Compare the cost of producing goods in various locations and make informed decisions about where to invest for maximum profit. Calculate the yield from a given batch of raw materials to determine the cost and quantity of output. Analyze the cost of labor, overhead and materials to accurately measure the cost and value of each process.
Managers get a comprehensive view of the costs associated with producing goods, such as raw materials, labor, overhead, and other expenses. This information helps them identify areas of waste and better understand the cost associated with producing a particular item.
Gain an accurate and comprehensive view of raw material costs across the entire enterprise. Make informed decisions on where to source materials from, and optimize stock levels to better control costs.
Key Features of Finished Good Costing
with Deskera ERP.
Establish Yield Calculation Process
Track and analyze the amount of product yield per unit of input to accurately calculate finished good cost
Configure Finished Good Costing
Set up and configure cost elements to accurately calculate the cost of each finished good item
Monitor Raw Material Costs
Monitor raw material cost to update finished good cost in the system
Automate Production Costing
Automate the production costing process to quickly and accurately calculate finished good cost
Analyze Product Yields
Analyze product yield data to identify trends and inefficiencies in the production process
Track Finished Good Costs
Track finished good costs to ensure accurate pricing and profitability
Generate Costing Reports
Generate periodical reports detailing the costing of each finished good item
Implement Budget Controls
Implement budget controls to ensure that finished good costs remain within the budget
Monitor Overhead Costs
Monitor overhead costs to ensure accurate pricing and profitability of finished good items
Analyze Costing Trends
Analyze costing trends to identify areas of improvement in the production process
Deskera Yield Calculation and Finished Good Costing
Products
Use Cases
, India 
, Singapore 
, and Canada 
with 