In the ERP inventory management module, the general manufacturing plant, in the end of the month, or a certain time will have to do a plant inventory counts, inventory warehouse inventory carrying amount and the number of warehouses are the same; in theory, should be the number of warehouses and warehouses physical book the number of consistent, but because management is not strict (such as: physical already in storage, warehouse storage is not the book; kind have been issued, the warehouse is not a library book; theft, loss, etc.) because, under normal circumstances, the physical quantity and warehouse inventory the number of books, there will be differences, warehouse personnel must in a certain time, the right to do an inventory of physical inventory. The role of inventory there are three: 1. To determine the true amount of material inventory for the production of authentic material information; 2. To make an inventory difference analysis, to identify the loopholes in management and hold responsibility for related personnel mistakes, and to strengthen management; 3. For the material differences in the amount of inventory, financial to do manufacturing costs or management fees to handle, as the end of the cost of production sharing. Therefore, a focus on inventory management is stock inventory operations, the company must attach great importance to them, because the cost of materials enterprises in the manufacturing sector account for a large proportion.
Inventory Invoicing Monthly Report
In the ERP inventory management module, at the end of the financial officers generally require warehouse staff to provide a monthly inventory report Invoicing, because for small and medium manufacturing industries in general, the general does not have have IE (Industrial Engineering) departments, so the standard working hours, the actual measurement of working hours are generally unable to do so, then for the cost accounting for manufacturing costs can not be accurately carried out, artificial wage share, costing only a simple accounting to the cost of materials only. Therefore, financial officers need to warehouse staff to provide a variety of materials, Invoicing monthly report, the average unit price of the material calculated to calculate the actual consumption of materials, then the material cost of the end of the calculation came out, together with manufacturing costs, labor wages, outsourcing processing charges, then the month's total production cost of basic computing out. So, for small and medium manufacturing industries, it is important to provide such a report to the Finance staff to provide cost-accounting purposes.
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