Step 01
BOM defined per finished good
Components, quantities, scrap factor, substitution allowance. Versioning by date for engineering change control.
Inventory Management | Manufacturing BOM
BOM consumption, work-order closeout, finished-goods receipt. In one event.
Bill of materials defined per finished good. Work order issues components from raw material stock. Finished goods receive on closeout. Scrap and rework variance captured. Heavy MRP scenarios stay in your existing system; OneFinOps handles the books and inventory side.
How it works
From BOM to finished goods, with the variance captured.
Step 02
Work order issues components
Work order opens; raw material issues against the BOM; stock decrements at the source warehouse.
Step 03
Finished goods receive at closeout
On closeout, finished goods receive at the destination warehouse. Cost rolls up from component cost plus configured overhead.
Step 04
Variance captured
Scrap, rework, yield variance posted to the manufacturing variance GL. Standard cost vs actual cost per work order surfaced.
What the system does
Capability, input, output.
| Capability | Input | Output |
|---|---|---|
| BOM definition | Components + quantities + scrap factor | Versioned BOM per finished good |
| Work order | Finished good + quantity + due date | WO with component reservation |
| Component issue | WO + actual quantities | Stock decrement + WIP GL post |
| Finished goods receipt | WO closeout | FG stock + cost roll-up |
| Variance posting | Standard cost vs actual | Scrap, rework, yield GL |
-
BOM definition
- Input
- Components + quantities + scrap factor
- Output
- Versioned BOM per finished good
-
Work order
- Input
- Finished good + quantity + due date
- Output
- WO with component reservation
-
Component issue
- Input
- WO + actual quantities
- Output
- Stock decrement + WIP GL post
-
Finished goods receipt
- Input
- WO closeout
- Output
- FG stock + cost roll-up
-
Variance posting
- Input
- Standard cost vs actual
- Output
- Scrap, rework, yield GL
Compliance + integrations
Light manufacturing, books-aligned.
Light manufacturing setups (assembly, packaging, batch chemistry) are first-class. Heavy MRP (multi-stage routing, capacity planning, MES integration) scenarios stay in your existing system; the books and inventory side post to OneFinOps.
Regulations we work within
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AS-2 / Ind-AS 2
Cost roll-up for finished goods aligned with the standard.
-
Section 145A
Inclusive cost (tax + duty) supported in roll-up.
-
GST: Job work
Job-work component issue under Section 143 + ITC-04 tracked.
Connects to
- Heavy MRP / MES Finished-goods feed in
- Tally Prime Stock + GL sync
Manufacturing BOM FAQ
What buyers ask.
Heavy multi-stage manufacturing. Does this work?
Light manufacturing (single-stage assembly, packaging, batch processing) is first-class. Heavy multi-stage routing with capacity planning is best handled in a dedicated MRP / MES system; OneFinOps takes the finished-goods feed and posts the inventory and books side. Most mid-market Indian manufacturers run this hybrid.
How is scrap accounted?
Scrap factor in the BOM defines expected scrap; actual scrap at issue captured separately. Variance between expected and actual posts to the scrap GL with the reason. Saleable scrap moves to the scrap inventory; non-saleable writes off.
Sub-contracting (job work) under Section 143?
Components sent to a job worker track under Section 143. ITC-04 quarterly return drafts from the system. Returns within the 1-year (inputs) or 3-year (capital goods) window are tracked. The job-worker invoice posts as an AP bill with the labour cost.
Define one BOM. Run one work order. See the books move.
Connect one warehouse, free. Set up a BOM for one finished good. Run a work order; watch component issue, FG receipt and variance all post in one event.