From raw materials to finished goods — and to BIR.
Production cost tracking, inventory valuation, and BIR compliance for Philippine manufacturers.
What manufacturing accounting usually gets wrong
Raw material inventory and finished goods inventory tracked in different spreadsheets that never reconcile
One system from materials in to finished goods out — always reconciled
You don't actually know your cost of goods sold until your accountant computes it three months later
COGS updated in real time as you produce and sell
Inventory valuation method (FIFO vs average) is inconsistent — BIR could question this
Choose FIFO or weighted average cost — applied consistently, BIR-defensible
VAT input credits on raw material purchases go unused because they're not tracked
VAT input on all raw material purchases tracked and claimed automatically
Built for how you work
Production tracking
Record production runs: materials consumed, units produced, labor costs applied. Cost per unit calculated automatically.
Dual inventory
Separate tracking for raw materials and finished goods. Transfers between them recorded with a single tap.
COGS calculation
Actual cost of goods sold per batch, per SKU, per month. FIFO or weighted average — your choice, applied consistently.
VAT input tracking
All VAT paid on raw material and supply purchases tracked. Input VAT credits applied against your monthly VAT return.
Production cost reports
Compare actual production cost vs. target. See where waste is happening and what it's costing you.
BIR VAT returns
Monthly VAT returns prepared automatically based on your sales and purchases. Review and submit.
Ben, furniture maker, Pampanga
A production batch, start to finish
Materials purchased
Ben buys lumber (₱35,000 + ₱4,200 VAT). Akauntants records the purchase, logs VAT input credit.
Production run
Ben starts a production batch: 10 chairs. He allocates materials and 3 days of labor. Cost per chair: ₱4,850.
Sale
8 chairs sold at ₱8,500 each. Revenue: ₱68,000. COGS: ₱38,800. Gross profit: ₱29,200 — 43% margin.
Month-end
VAT return: output VAT ₱8,160 minus input VAT ₱4,200 = net VAT payable ₱3,960. Filed on time.
Result: Ben knows his actual profit per piece, tracks his inventory without a spreadsheet, and never misses a VAT filing.
What our customers say
“I finally know my real cost per unit. I was underpricing one of my best products for two years.”
Ben Santos
Owner, Santos Furniture Works, Pampanga
“VAT input credits used to be a mystery to me. Now I claim every peso I'm entitled to.”
Luz Manalo
Owner, Manalo Food Processing, Bulacan
Make things. Know your numbers.
Akauntants handles the books while you run the floor.