Manufacturing & bill of materials
Define a bill of materials per finished product and record production runs — Finocket consumes the raw-material stock and adds the finished goods at their rolled-up cost.
If you make what you sell, Manufacturing turns raw materials into finished stock: define a bill of materials (BOM) — the recipe for a product — then record a production run, and Finocket draws the components out of stock and adds the finished goods at their rolled-up cost.
What is a bill of materials (BOM)?
A BOM is the recipe: the finished product, how many units one run yields (the output quantity), and each component with the quantity it needs. Example — 1 batch of Wooden chair (output 10) needs 20 legs, 10 seats, 2 litres of polish. Finocket shows the rolled-up standard cost per finished unit — the sum of component costs — as you build the BOM.
Set it up
It's an optional module: turn on Manufacturing under Profile → Modules. It builds on Inventory, so the items involved should have stock tracking on. On the Manufacturing screen, create a BOM per finished product: pick the product, set the output quantity, add components with quantities.
Record a production run
- Under Production, pick a BOM.
- Enter how many you made and the date.
- Save. Finocket consumes the components — a negative stock movement per raw material, scaled to the quantity produced — and adds the finished goods as a positive movement at the rolled-up cost, so your stock valuation stays right.
Every movement appears in the product's history on the Inventory screen, labelled Manufactured and Consumed — full traceability from raw material to finished shelf.
Good to know
The finished cost is a standard cost rolled up from each component's rate — a practical estimate, not a full work-in-progress ledger. Only stock-tracked items move; a component or finished product without inventory tracking simply isn't counted.
Access & control
Owners and assistants define BOMs and record runs; an invited accountant sees BOMs, runs and the resulting movements read-only. Enable the module under Profile → Modules.
Frequently asked questions
What is a bill of materials with an example?
The list of components and quantities needed to make a finished product — e.g. one batch of 10 chairs needs 20 legs, 10 seats and 2 litres of polish. In Finocket the BOM also carries the output quantity and rolls up the per-unit cost automatically.
How do I manage raw material stock for production?
Track your raw materials in Inventory, buy them in via expenses (Stock items section), then record production runs against a BOM — Finocket consumes the materials and adds finished goods in one save, with every movement in the item ledgers.
How are my finished goods valued?
At the BOM's rolled-up standard cost — the sum of component costs per unit — which flows into the weighted-average valuation your reports use.
Do I need Inventory turned on to use Manufacturing?
Yes — Manufacturing moves stock, so the components and finished products involved should have Track inventory on. Untracked items are ignored by runs.
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