Manufacturing Accounting System (MAS)

NextMAS – Manufacturing Accounting System (MAS)

MAS is web-based ERP software, promising you to connect your departments, branches, customers, suppliers, agents under a central system. MAS ERP comprises of host of Integrated functionality including, Manufacturing, Inventory & Material Management, Sales and Distribution Management, Supplier and Purchase Management, Human Resource Management, Finance Resource Management, Plant Maintenance and Excise Management.

The depth of functionality means that the solution can be readily adapted to support a wide range of operational execution styles. MAS is designed with operational efficiency in mind.

Features of Manufacturing Accounting System (MAS)

Trial Balance:

It will be by the balances of each and every account’s balance. It will justify the correctness of the accounting procedure. And also help to prepare Balance sheet and profit and loss account.

Profit and loss account:

Every profit or loss generating financial activities will be recorded in this statement. It is basically a reporting tool for the top management to visualize the company’s current operating situation and to improve future operation by identifying the field of further improvement.

Balance Sheet

It is also a reporting tool for the management where they will have a clear view to its total asset and it total debt. Beside this, it will also help to decide company’s current liquidity position, asset management, liability management, cash management and also give clinch view to it’s over all stock position.

Production Cost Sheet

This is one of the essentials as well as important for a manufacturing company like KPL. It will help the management to have a better look at its operation and to understand the costing at different segment of operation and most importantly to decide its products selling price.

System Features

Double Entry System
Different Transaction types so that payments or receipts could be properly entered.
Bank Reconciliation.
Crosschecking of un-presented cheques.
Party Payments.
Advances from and to parties (Regular and Temporary).
Sales Discount
Tracking on daily currency (e.g. dollar ($)) conversion rate.
Trial Balance
Bank monitoring (bank performance report)
More classified reports.

Benefits at a glance

  • Provide robust internal security features that deliver accurate information, preventing unauthorized access to crucial financial data
  • Fully integrated with the other modules of the ERP software system
  • Automation process reduces paperwork and data entry thereby eliminating chances of errors
  • It eliminates duplicate work, repeated data entry and automates all process
  • Provide financial intelligence, allowing company-wide financial control through improved financial management and forecasting
  • Streamline your accounts payable process, monitor payment status, and ensure payment compliance with our end-to-end invoice management system
  • Speeds up data entry and also provides more visibility into the business thus enabling the management to plan and forecast accurately
  • Multi-Currency capabilities for enabling global compatibility
  • A robust audit trail that logs the users entering the transactions and also tracks the date, time and system from which the transaction vouchers are printed
  • Immediate updating of transactions to GL (General Ledger)
  • Operational and maintenance excellence
  • Continuous and proactive management of operational risks
  • Excellent asset lifecycle management
  • Data-driven decision making
  • Maximum return on assets
  • Minimum administrative overheads
  • Paperless office environment

Production Planning System

  • Complete visibility into the Production system
  • Streamlines entire production management processes
  • Greatly reduces chances defects and scrap thereby improving product quality
  • Reduces bulky raw materials inventory
  • Reduced manufacturing costs and cycle time
  • Automation process reduces paperwork and data entry thereby eliminating chances of errors in cost calculation
  • Eliminate duplicate work, repeated data entry and automates all process
  • Web-based ERP software can provide flexibility and convenience in implementation and operation
  • Option to track the labour and other expenses incurred during the production
  • Creation of dates for production with batch production and Expiry date
  • During Production process – batch, production quantity, Raw Material Store and Finished product store can be defined
  • Automatic calculation of raw material cost by system based on Bill of Material.

Sales Management System

  • Complete visibility into the Production system
  • Streamlines entire production management processes
  • Greatly reduces chances defects and scrap thereby improving product quality
  • Reduces bulky raw materials inventory
  • Reduced manufacturing costs and cycle time
  • Automation process reduces paperwork and data entry thereby eliminating chances of errors in cost calculation
  • Eliminate duplicate work, repeated data entry and automates all process
  • Web-based ERP software can provide flexibility and convenience in implementation and operation
  • Option to track the labour and other expenses incurred during the production
  • Creation of dates for production with batch production and Expiry date
  • During Production process – batch, production quantity, Raw Material Store and Finished product store can be defined
  • Automatic calculation of raw material cost by system based on Bill of Material.

Human Resource System

  • Seamlessly integrated with the other modules of the ERP system
  • Electronic Approval System (EAS) and Employee Self- Service (ESS) facilities help reduce duplication of entries and save a substantial amount of time
  • Dynamic reports and Dash Boards provide clearer insight into organizations resources at any point of time
  • Handles entire Recruitment process, from finding appropriate applicants, short listing candidates, tracking all the levels of interviews and finally hiring
  • Maintains enterprise organizational data in a systematic way even to minute details
  • Web Based system enables employees and management to access the system from any part of the world
  • Time Sheet & Attendance System Interface; fast and accurate payroll processing
  • Fast and accurate payroll processing
  • Features include employee training, accommodation, transport, mess etc.

Our Products

We are focusing on some user needed software solution – those are making easier life of our valued customer as well as user. Not only though we do customize solution what you in need.

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Have a query about Manufacturing Accounting System (MAS)?

Call On +8809666910441

Mail To: info@nextech.com.bd