Manufacturing Accounting Software with BOM & Waste Management
Track raw material consumption, convert stock into finished goods, and factor scrap loss into accurate per-unit product costs.
What is manufacturing accounting software?
Manufacturing accounting software tracks raw materials, production work orders, finished goods output, scrap and wastage, labour costs, and financial transactions in a single unified double-entry ledger.
What Likhtam delivers for this workflow.
Real features engineered for real business operations, not generic templates.
Multi-Item Bill of Materials (BOM)
Specify the exact quantity of raw materials and packaging supplies required to manufacture one or multiple finished units.
Wastage & Scrap Accounting
Account for expected or actual process loss; the cost of wasted raw material is absorbed into the unit cost of prime finished goods.
One-Tap Production Run
Executing a manufacturing entry deducts raw materials from inventory and credits finished goods stock in a single balanced voucher.
True Unit Cost Determination
Eliminate guesswork by viewing total production cost including materials, additional overheads, and scrap allowances.
Live Product Likhtam manufacturing entry screen: BOM inputs, scrap calculation, and final unit cost
How it works from start to finish.
A clear, step-by-step process designed to keep your books completely balanced.
Define Finished Goods BOM
Select raw ingredients/components, specify quantities per finished unit, and add expected scrap percentage.
Procure Raw Stock
Record vendor purchase bills; raw items enter warehouse stock at their specific purchase costs.
Execute Production Order
Enter the batch quantity produced. Raw materials are automatically consumed and finished inventory increases.
Invoice & Track Profit Margins
Sell the finished products with accurate knowledge of your real manufacturing margin.
Designed specifically for:
- Small and mid-sized manufacturing units and assembly workshops
- Job work contractors and fabrication units calculating exact cost of production
- Food, chemical, and apparel producers tracking material waste during processing
Factual questions, straight answers.
Clear details about Likhtam's capabilities, offline support, and compliance.
Likhtam lets you record production wastage right on the manufacturing entry. The raw materials used are consumed, and the cost of scrap is factored into the net cost of finished goods, giving you true unit economics.
Yes. Raw materials can be drawn from a specific raw materials godown, and finished products can be deposited directly into a distribution warehouse.
Yes. The inventory ledger transfers the asset value from Raw Materials Inventory to Finished Goods Inventory automatically without manual journal entries.
Ready to run your books with total clarity?
Free forever on your phone or PC. Optional cloud sync and multi-user access when you need it.