Accounting

What is Cost of Quality and How to Calculate It?

The Cost of Quality is the sum of the costs related to providing a quality product and the costs related to not providing a quality product. While an effective measure to identify cash drains, it can also be used to balance the price and quality relationship of your products.

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What is an Accounting Manual?

Accounting manual is a document in which every organization defines its accounting policies and procedures – in this article, we give an overview of its goals and contents.

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Top Benefits of Manufacturing ERP for Accounting

ERP systems can offer a strong ROI for small to medium manufacturers who choose to invest in a quality system.  For many, the benefits of such a strong manufacturing ERP system mean tighter controls and standardized data for production that allows for optimized production. It also recalls images of better control over inventory and the supply […]

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