Manufacturing accounting combines financial accounting with cost accounting (per-product costing). It requires raw-material consumption tracking, per-unit actual cost (materials + labour + overheads), and finished/semi-finished goods valuation. 4mystaff supports FIFO, weighted-average or specific identification depending on company policy.
Schedule production orders based on demand, capacity, and material availability. Optimize resource utilization and meet deadlines. Local setup for Germania, aligned with XRechnung.
Manage raw materials, equipment, and workforce from a single place. Prevent bottlenecks and ensure production continuity. Local setup for Germania, aligned with XRechnung.
Define checkpoints and quality criteria at each stage. Quickly identify non-conformities and reduce rejects. Local setup for Germania, aligned with XRechnung.
Structure production recipes with all components, quantities, and associated costs. Automatically calculate procurement needs. Local setup for Germania, aligned with XRechnung.
Track each production order status and line utilization in real time. Intervene quickly on delays or bottlenecks. Local setup for Germania, aligned with XRechnung.
OMFP 1802/2014 permits: FIFO (First-In-First-Out), weighted-average cost, or specific identification (for unique items). LIFO has been banned in Romania since 2006. Method changes between years require ANAF notification and disclosure in the explanatory notes.
Product cost = raw materials consumed + direct labour + allocated overheads (machine depreciation, energy, management). Overhead allocation uses a key (machine hours, area, person-hours). Computation is repeated monthly at month-end.
Technological losses are deductible up to the internally approved consumption norm (with technical support). Above the norm, they are non-deductible (profit tax + recovered VAT). Documenting the consumption norm is critical.
Monthly depreciation of production equipment is allocated to products via the overhead allocation key (machine hours typically). In cost accounting, depreciation is part of product cost; in financial accounting, it appears as a depreciation expense (account 6811).
