Nextgen AIS for Manufacturing

In Addition to Full Procurment to Pay Process , Invoice to Receipt Cycles , MIS , Forecasting and other Features For Manufacturers , Nextgen AIS Gives better Grip on Costs , Stock , Quality and Manufacturing

  • Nextgen AIS does realtime Inventory valuation of Finished Goods , WIP (Work in Progress) , Scrap , By Products etc.

  • Systems designed to ensure that your Inventory is Valued at Right Price.

  • In line with Accounting Principles , Nextgen AIS helps your Costs get obsorbed in Stock.

  • Automatically calculates and Recognizes “Cost of Goods Consumed” accounting entries on Good Consumption.

  • Automatically calculates and Recognizes “Cost of Goods Manufactured” accounting entries and does Valuation.

  • On Raising Sale Invoice , Automatically calculates and Recognizes “Cost of Goods Sold” and Show Profit/Loss Made by comparing Selling Price Vs Cost (Either Purchase Cost or Manufactured Cost).

Qualtity Control

  • For Purchases , in AIS you can capture ‘Quality test results’ along with Stock Demographies , which is tied to Stock and can be retreived any point of Time.

  • Similarly you can capture ‘Quality Test Results’ of Goods Manufactured or Items being Put for Manufacture.

  • With this You be sure of Quality of Purchases , Items being used in Manufacture or Goods Manufactured.

Stock Control

  • Stock register Not only gives Stock Value ,Quantity Also gives Manufacturing date , Expiry date ,Lot Number , Batch , Barcode , Qrcode , Warranty etc Demographies.

  • If you activate “Bin Mechanism” , you can even have more control on Stock Locaiton and Position.

Productwise Profitability Reports

  • AIS Can generate Productwise Profit & Loss , Trail balance , Stock and Other Reports

  • On Sale AIS Automatically calculated ‘Profit or Loss’ made by Comparing Sale Value with Cost , thereby you can Adjust Pricelist and Take Corrective action.