Benefits
Why It Matters
The problem
Do you really know what each product costs you to make?
Stock that never adds up
When production is not recorded, raw material is bought and finished goods are sold, but stock of both drifts away from reality month after month.
Wastage stays hidden
If nobody compares what should have been used with what was used, extra consumption and scrap quietly eat into margins.
Profit by guesswork
Without a product cost, pricing is based on habit or competitor rates, and loss-making products keep selling. Banks and investors also ask for product-level numbers that are hard to produce from a register.
How it works
How manufacturing works in hisabkitab
1
Create the bill of materials
List the raw materials and quantities needed for one batch of a finished product, plus any by-product or scrap.
2
Record production
Enter the quantity produced in the Stock Journal. hisabkitab scales the bill of materials to the batch size.
3
Stock moves both ways
Raw materials are reduced and finished goods are added in the same entry, so both stocks stay accurate.
4
Review cost and wastage
Compare standard consumption with actual, and use the item-wise profit report to see what each product earns.
Capabilities
Manufacturing tools for SMEs
Bill of materials
Define inputs and outputs for each product once and reuse them for every production run.
Stock Journal
Move stock from raw material to finished goods in a single voucher, with both sides recorded.
Batch-size scaling
Produce any quantity and the inputs and outputs scale from the bill of materials.
By-products and scrap
Record by-products and scrap as outputs, and apportion additional charges across them.
Standard vs actual
Compare what the bill of materials says should be used with what was actually consumed.
Profit by product
Combine production costs with the item-wise profit report (from Boost) to see true margins for every product you make and sell.
Use cases by industry
Who uses it, and how
Plastic and packaging unit
A packaging manufacturer in Daman records granules, masterbatch and labour per 1,000 pouches, and spots that one machine is using more granules than standard. The fix pays for itself within a few production runs.
Sweet manufacturer
A mithai maker in Vadodara sets a bill of materials for kaju katli: cashew, sugar and ghee per kg. Each day's production updates ingredient and finished stock, so the owner knows exactly how much cashew to order for the festive season.
Garment manufacturer
A garment unit in Tiruppur converts fabric, thread and trims into finished T-shirts, and records cutting waste as scrap, which is later sold to a recycler and recorded as a sale of scrap.
FMCG distributor schemes
An FMCG distributor uses the Stock Journal to combine products into scheme packs and keep the individual items' stock correct.
Before vs after
Before hisabkitab, and after
Raw material stock never matches
Consumption recorded with every production run
Wastage noticed at year end
Standard vs actual compared run by run
Product cost estimated by habit
Cost built from actual inputs
Separate production register in Excel
Production in the same books as billing and GST
Stock Journal with bill of materials is available on Advance (₹6,999/year, exclusive of 18% GST), which also covers 4 companies, 5 users, audit trail and AI-OCR. Item-wise and bill-wise profit reports start on Boost (₹4,999/year).
Popular with these industries
Versatile Accounting and Billing Software for Every Sector
FAQs
What is a Stock Journal?
What is a bill of materials?
Can I track wastage, by-products and scrap?
Which plan includes manufacturing?
Is this suitable for large factories?
Can one product have several bills of materials?
Can I add labour and overheads to production cost?
Do I get production reports?
Does manufacturing work with GST?
Can I use it for repacking or kitting?
Make what sells, at a cost you know
Book a demo with one of your product recipes and see the Stock Journal move raw material into finished goods on screen.
