Workflow

47. Process manufacturing and period actual costing

Execute a balanced recipe with primary, co-product and by-product outputs, then independently reconcile inventory, delivered COGS and parallel currency ledgers at period end.

Overview

Inventory meaning

Process confirmation consumes exact unrestricted inputs and creates quarantined outputs. Quality releases each output independently. Finance valuation and actual-cost settlement change money through exact stock evidence.

Responsible roles

Assigned Manufacturing and Cost Accounting authorities, different recipe/confirmation reviewers, Quality recorder and different usage decider, Cost Accountant, different Finance Controller, separate period closer

Process

1
Approve recipe
Pin material revisions, base units, balance factors, loss, output weights and approved conversion rates.
No stock movement
READ ONLY
2
Confirm actual batch
Record explicit and bulk inputs; derive backflush from the approved scale. A different person approves exact stock posting.
Inputs consumed; outputs quarantined
CREATED
3
Release product
Record final inspection results and an independent usage decision for each exact output.
Accepted outputs become usable
USABLE
4
Settle actual cost
Reconcile all stock valuation, then review multilevel period costs and approved average/closing currency rates.
Balanced value adjustments
READ ONLY

Role handoff

Detailed reference chapters

Process manufacturing and period actual costing Build WIP/cost rollup and variance review

Detailed steps

1
Open Finance → Costing with the assigned Manufacturing and Finance permissions and request an independently approved process recipe.
2
Record a complete current-day batch against the exact recipe and locations; a different authorized person confirms its physical input/output balance.
3
Value every input before the outputs. Record each final inspection and obtain a different person's usage decision before delivery.
4
After the period date range has ended, complete source valuation, choose parallel currencies with exact approved period-end average and closing rates, and request actual costing.
5
A different Finance Controller reviews the unchanged source snapshot and posts settlement; a separate controller performs fiscal close. Reverse only the latest unused settlement through independent review before recalculation.

Field-by-field practice data

Use a disposable training tenant

Training {{case}} complete process batch and independently reconciled period actual cost. The page shows sample set A; the workbook includes independent A, B and C values.

Download all workflow samples (.xlsx)

Field names match the current application labels. Select existing approved records where shown, leave optional values blank unless they genuinely apply, and never copy fictitious TRAIN values into live work.

Assigned Manufacturing and Cost Accounting authors → different authorized reviewer

Approve the balanced process recipe

Open /finance

Use exact approved revisions and valuation profiles; independently approve the physical balance, output weights and conversion rate.

Exact field name	Requirement	Sample value A	How to use it
Legal entity	Required	`TRAIN-A-PROCESS`	Create a distinct controlled training recipe.
Recorded actual base-unit quantity	Required	`8 EXPLICIT + 2 BULK + 2 BACKFLUSH`	Use exact base units and balance factor 1 for this training example.
Recipe authority and balance rationale	Required	`6 PRIMARY + 3 CO_PRODUCT + 1 BY_PRODUCT; loss 2`	Twelve input balance units equal ten output units plus two declared loss units.
Review rationale	Required	`6 : 3 : 1`	Allocate every monetary residual once across the three outputs.

Expected result: Immutable recipe authority conserves common-unit quantities before any stock posting.

Production recorder → different confirmer; Quality recorder → different usage decider; independent Finance posting

Confirm, inspect and value the batch

Open /finance

Record actual explicit/bulk quantities and exact locations, confirm independently, value inputs before outputs, then complete native FINAL inspections.

Exact field name	Requirement	Sample value A	How to use it
Recipe scale	Required	`1`	Backflush derives exact approved quantities; record other actual quantities explicitly.
Actual execution evidence	Select existing	`TRAIN-A-PROCESS-EVIDENCE`	Attach CLEAN same-site execution and review evidence.
Decision	Required	`ACCEPT`	Record passing actual characteristics first; the usage decider differs from the result recorder.

Expected result: Exact input consumption and quarantined output custody reconcile; independent Quality acceptance controls usable stock.

Cost Accountant → different Finance Controller → separate period closer

Settle and reconcile period actual costing

Open /finance

Choose a completed OPEN fiscal period, finish every physical-source valuation and independently settle unchanged material/currency evidence.

Exact field name	Requirement	Sample value A	How to use it
Parallel currency	Required	`USD`	Select exact approved period-end AVERAGE and CLOSING rates.
Period reconciliation rationale	Read only	`156 total; delivered primary quantity 2 gives COGS 31.2`	With input standard 10, actual purchase 12 and conversion 12, weights 6:3:1 give primary unit actual cost 15.6.
Independent rationale	Required	`Request independent latest-unused settlement reversal`	Downstream value use blocks reversal; historical records remain immutable.

Expected result: Actual inventory, consumed WIP/COGS and parallel currency opening/closing/translation amounts reconcile to immutable sources.

End state

Exact physical balances, actual inventory/COGS and immutable parallel currency reconciliation agree. Unsupported custody, cyclic or carried-WIP settlement and nonzero currency migration remain blocked.