Batch costing, food safety compliance costs, and FSMA lot traceability for food manufacturers and processors. Nexus handles the intersection of manufacturing cost accounting and food safety compliance.
FDA's Food Traceability Rule (FSMA Section 204) requires food companies to maintain Key Data Elements and Critical Tracking Events for high-risk foods. Building this traceability into the accounting and operations system is a significant compliance challenge.
Food companies using co-manufacturers must track costs accurately across the supply chain — ingredient costs, conversion costs, and logistics — to understand true product cost and negotiate co-manufacturing agreements effectively.
Food manufacturers often produce seasonally for year-round consumption. Managing inventory build accounting, carrying cost capitalization, and LIFO/FIFO vs. retail inventory method requires careful accounting design.
GAAP
FDA FSMA (Food Safety Modernization Act)
USDA FSIS (Food Safety and Inspection Service)
FSMA traceability
requirements met from day one
Co-manufacturing cost
tracked to the batch
Seasonal inventory
values always reconciled to GL
See how Plurafi handles your industry's complexity