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Understanding Production Order Management in x2x Lite Manufacturing

This is usually the area where most manufacturers fail in achieving profitability as they struggle to match the two processes of production and accounting for its cost. This is exactly what x2x Lite Manufacturing was designed to do for companies utilizing QuickBooks Online. The central feature of this application is…

Inventory Consumption Tracking: The Missing Piece in QuickBooks

QuickBooks has certainly proven itself as the financial system for all those small and medium enterprises. With QuickBooks, the tasks of invoices, payroll, payables, and reconciliation are done with ease. But if your enterprise creates something or builds an assembly of goods, you would have surely come across the one…

Master Data Synchronization: The Backbone of Integrated Manufacturing

When it comes to the contemporary world of manufacturing, “Best of Breed” is seen as a common practice of business growth. You utilize QuickBooks Online, because it is the best software when it comes to the sphere of accounting. While at the same time having an advanced application for manufacturing…

How x2x Lite Manufacturing Posts Production Expenses to QuickBooks Online

For those manufacturers using QuickBooks Online (QBO), one of their major headaches is properly accounting for the cost of goods manufactured. This differs from purchasing and selling items, because here you use raw materials, apply labour, and incur overhead costs to manufacture something. Using journal entries for this process is not only time-consuming but leaves too…

Tracking Labor and Overhead Costs in Lite Manufacturing-The Hidden Drivers of Profitability

Tracking Labour and Overhead Costs in Lite Manufacturing-The Hidden Drivers of Profitability

Managing inventory will be the main priority in lite manufacturing. The stock of raw materials will accumulate before your eyes, and the number of finished products shipped will be quantifiable. This makes the management of such costs simple and straightforward. But there may be another side of profit that cannot…

Manufacturing Cost Control: Why Accurate Production Posting Matters

Cost control has traditionally been viewed in the manufacturing realm as an activity that comes into focus only when profitability begins to drop. However, cost control is, indeed, proactive, and it requires only one discipline to do it: production posting. Production posting involves capturing what happened on the shop floor in terms of labour input, materials…

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Understanding Production Order Management in x2x Lite Manufacturing

Inventory Consumption Tracking: The Missing Piece in QuickBooks

Master Data Synchronization: The Backbone of Integrated Manufacturing

How x2x Lite Manufacturing Posts Production Expenses to QuickBooks Online

Tracking Labour and Overhead Costs in Lite Manufacturing-The Hidden Drivers of Profitability

Manufacturing Cost Control: Why Accurate Production Posting Matters

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