Batch costing, co-product accounting, and yield analysis for chemical, food, pharmaceutical, and other process manufacturers. Nexus tracks costs from raw material receipt through production to finished goods with full lot traceability.
Process manufacturing often produces multiple outputs from a single production run. Allocating joint costs to co-products and accounting for by-products requires industry-specific methodology that generic ERPs don't support.
Yield losses, evaporation, and process waste must be tracked and valued accurately. Standard yield assumptions vs. actual yield create variances that need explanation and control.
Process manufacturers face significant environmental compliance obligations. Tracking remediation costs, environmental provisions, and EPA reporting requirements requires dedicated accounting infrastructure.
GAAP (ASC 330 — Inventory)
IFRS (IAS 2 — Inventories)
EPA environmental cost tracking
Co-product cost
allocation calculated automatically
Yield variances
reported on day 1 of close
Environmental provision
always current and defensible
See how Plurafi handles your industry's complexity