A bill of materials (BOM) defines the components that are required to produce a product. The components can be raw materials, semi-finished products, or ingredients. In some cases, services can be referenced in a BOM. However, BOMs typically describe the material resources that are required. When combined with a route or production flow that describes…
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KB23: Flow of Production from start to finish for an item and recall in Finance & Operation
Nilesh Mandani
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The production of products, a process that is also known as the production life cycle, follows specific steps that are required to complete the manufacture of an item. The life cycle begins with the creation of the production order, batch order, or kanban. It ends with a finished, manufactured item that is ready for either…
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KB22: Uploading Customer and Vendor Balances with Open Invoices and Payment with Template
Nilesh Mandani
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Overview Whenever we want to move from the legacy system to the new system, we also need to move the opening balances as well. There are a couple of methodologies available to upload and migrate the opening balances. Here are methods to move Opening balance of Vendors, Customers, Inventory, Bank, Fixed assets and Other Ledgers…
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