Cost Tracking & COGS
How IEMSuite costs production batches from the lots they consume, and where to review costs and margins.
IEMSuite costs each production batch from the actual stock lots it consumes. Cost analysis is available on the Scale plan.
How Batch Cost Is Calculated
Batch cost = Σ (quantity consumed × lot unit cost)
Unit cost of the output = Batch cost ÷ quantity produced
The quantity consumed includes recorded wastage, so lost material is part of the cost. IEMSuite does not add labour, energy or other overheads to batches.
Material Cost
Each lot carries the unit cost entered when it was received (or calculated by the batch that produced it). A lot received with no cost counts as zero and understates your costs, so enter the landed cost - purchase price plus freight, duties and handling - when logging inbound stock.
Unit Cost of the Output
The finished-goods lot created by the batch gets the calculated unit cost. When that lot is used in another recipe or shipped, its cost travels with it.
Cost Reports
Open Finance → Cost analysis to review:
- Purchasing costs - received stock by supplier, with freight and landed cost
- Inventory value - on-hand quantity and value by product
- Production costs - batches with quantities produced, materials consumed and cost, groupable by production line
Margin per Order
When stock is allocated to an order, the cost of each allocated lot is recorded. The order page shows revenue, cost and margin from those recorded costs, so later cost changes do not rewrite past margins.