Batch costing
Know what it costs
to make the batch.
Materials, packaging and production services all contribute to a product. Plan them in a formula, record actual production and inspect the value of the stock you have left.
180 days free. No card. Then $19/month.
How it works in Formul
Planned inputs. Actual use.
A cost you can follow.
Read the stock valuation guide- 01
Receive
Start with the material costs.
Record quantities and costs as materials arrive. Receipts update the item’s weighted average cost—the average value of stock available to use.
- 02
Plan
Include the whole formula.
List material quantities, packaging and service lines in the bill of materials. This is your production plan; it is not a posted batch cost.
- 03
Produce
Cost what you actually consume.
Record input quantities and finished output. Production carries the value of consumed components and recorded service lines into finished stock.
- 04
Inspect
Check the remaining stock value.
Open the valuation report for item and batch quantities, unit costs and total value. Follow the related records to understand a difference.
Solo Maker
Time to get
your stock in order.
Inventory, purchasing, formulas, production, costing and sales orders in one workspace.
Questions before you start? Talk to us$19 / month
After your 180-day free trial.
One user. No card needed to start.
180 days free. No card. Then $19/month.