Guide for Accountants

High Cloud offers targeted reports to give you a clear understanding of what's happening in your facility from an inventory and financial point of view. Below are just a few of the essential reports that can help streamline your operations. But we do offer more. To explore them, go to LINK HERE

Production, Consumption and BOM

These reports are essential for accurately calculating your Cost of Goods Sold (COGS). They track all inputs and outputs, giving you a comprehensive view of the materials used and produced, allowing for precise financial assessments and operational planning.

Enhanced Inventory Report Report

Vital for month-end processes, this report provides a detailed snapshot of your current inventory, including item valuations based on production dates. It helps ensure accurate financial reporting, giving you a true understanding of your assets' value at any given time.

Enhanced Transfers Report

This report is critical for calculating excise tax. It not only tracks the movement of items in and out of your facility but also pinpoints the original source of each harvest, ensuring that you're accurately reporting the origin of all products—crucial for tax and compliance purposes.

Forecasting

By combining reports you'll have the insights you need to predict future production with confidence. These tools help you assess average yields, inventory turnover rates, and potential output, empowering you to make informed decisions for future operations and resource allocation.

• Calculate COGS with Production and BOMs
• Valuate Inventory
• Calculate Accurate Taxes
• Forecast

How to Get Started

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Published on October 05, 2024