Accountant 911

Production Program: Overview of Features and Options of Torgsoft

Product manufacturing is a complex and time-consuming process. Purchasing raw materials, producing the product, tracking expenses, stock, and finished goods all require effort, detailed planning, and control.

Software-based accounting and automation significantly simplify the management of production processes, contributing to the successful and timely completion of customer orders.

How does the accounting program optimize production processes?

Torgsoft production accounting program offers a modern solution that enables Ukrainian manufacturers to automate all stages of production: from planning to selling finished products.

The program allows for accounting raw materials, controlling stock levels, minimizing losses, and easily managing the entire production cycle without errors.

"Production process accounting" is an additional option in Torgsoft that will be useful for entrepreneurs who manufacture and sell goods on their own.

How does the product manufacturing process work?

Manufacturers typically carefully plan each stage:

1. They develop a design for the future product and decide which materials and in what quantities are needed for production.

2. They plan the batch size – how much product will be produced at once.

3. They calculate the quantity and cost of materials needed to produce the batch of goods.

4. They assess the cost of each manufacturing operation, considering equipment maintenance, labor costs, packaging, transportation, etc.

5. They find suppliers and order the required amount of raw materials.

6. They calculate the production cost and set the sale price.

7. They produce the required amount of product.

8. They prepare the products for sale – they create labels, organize logistics, and seek sales markets.

9. They check how much raw material has been used, how much is left, and calculate the next batch for production.

At every stage, it is necessary to calculate employees' wages, control supplier payments, manage costs and profits, create reports, and account for defects. Without precise and strict accounting, the product might never make it to market.

How can the Torgsoft program systematize production processes?

Torgsoft Features for Manufacturers

Production Planning: Creating Technological Maps

The Torgsoft accounting program allows you to track all stages and efficiently plan the production process. With it, you can create technological maps, draft production plans, and monitor their execution.

The program shows which resources are needed at each production stage, how much time it will take, and what the expenses will be for each product type.

Raw Material Control and Accounting

Torgsoft allows you to easily account for all raw material and material costs. You will always know what is in stock, in what quantity, and at what cost.

In the "Technological Maps" menu, you can enter all information about operations for product manufacturing and the required materials. Each manufacturing operation is entered separately in the "Technological Operation" window so the program can account for its cost when calculating the production cost and wages for the completed tasks.

The production cost is also influenced by the materials used, including raw material waste during manufacturing. In the "Materials" window, you can specify the amount of material needed to produce one unit of product.

After filling out the technological map for producing the quantity of goods, you can also create a "Production Act" or "Route Sheet" to record each manufacturing stage and release the product batch.

3. Production Cost Accounting

Understanding production costs is key to effective business management. With Torgsoft, you can automatically calculate the cost of each product, including material costs, manufacturing expenses, and other factors. This allows you to set competitive prices, control margins, and remain profitable.

The program will automatically calculate the cost of the produced goods based on the information entered into the "Technological Map," including the amount of materials and operations needed to produce one unit of the product.

The sale price can be entered manually or you can specify a markup percentage, and the program will calculate the retail price.

4. Production Process Automation

Routine tasks such as creating reports, writing off materials, and updating stock take up a lot of time when done manually. Torgsoft automates these processes, reducing the workload on staff. The program performs all necessary calculations automatically, so you don’t have to worry about errors in reports or material mismanagement.

In the program, you can record the production of a unit, several items, or an entire batch. Production operations can be linked to a specific worker. Manufacturing operations are displayed in the "Production Acts" tab. The manager or responsible person can also review who, when, and what was done, which equipment was used, how much raw material and money were spent.

5. Shipping Finished Goods

Once the products are made, they need to be transferred from the main warehouse to store and supplier warehouses. In Torgsoft, you can receive goods by selecting the appropriate location and specifying the amount of product. After this, these items will be available for sale.

6. Quality Control

The system helps track the quality of finished products. You can add quality certificates to products, keep track of products that have passed quality control, and those that need further work. This minimizes the risk of defects.

7. Settlements with Suppliers

When purchasing raw materials, businesses often work under various terms with different suppliers. Some materials are paid for immediately upon receipt, while others are paid later. It is important to track and control this process to know exactly which payments have been made and which amounts are still due.

In Torgsoft, you can review the quantity and amounts of supplies from different suppliers, check made payments, outstanding debts, and which products have been returned and their amounts.

8. Reports and Analytics

The Torgsoft program provides over 50 reports and analytics that help assess the effectiveness of production processes, sales, product demand, expenses, and profitability.

Reports allow you to quickly access information about stock levels, material movements, production volumes, profits from each batch, and much more. Using analytics, business owners can make informed decisions to optimize production operations and grow their business.

Why Choose Torgsoft for Production Accounting?

• Ease of use – the program has an intuitive interface, easy to master even for those with no prior experience in accounting software.

• Time-saving – process automation significantly reduces the time spent on accounting, giving the entrepreneur more freedom to focus on strategic tasks.

• Minimized errors – automatic accounting avoids human errors and improves data accuracy.

• Cost control – by controlling production costs, you can reduce unnecessary expenses and optimize finances.

Production accounting is a complex and multifaceted process, but with the Torgsoft program, it becomes much easier and more efficient. This system provides the necessary tools for controlling production stages, analyzing costs, and managing quality. If you want to automate production accounting, reduce staff workload, and make your business more transparent and profitable, Torgsoft is the perfect solution for you.

Use innovative technologies for business management.