Finocket for Food & Pharma Manufacturers
Cost every batch from its formula, and keep your books and GST data in one place.
Finocket gives a small food, nutraceutical, AYUSH or pharma formulation unit its recipe and formula costing, production runs, work orders, HSN summaries and double-entry books in one place. It does not replace your GMP or quality records.
The problems we fix first
Not knowing what one carton, jar or strip costs
Today: Formula cost is worked out once in Excel and never updated when raw or packing material prices move.
With Finocket: Write each formula as a bill of materials with packing material and read the cost per unit.
Production stages costed as one lump
Today: Mixing, filling and packing labour are not split; overheads are spread by guesswork.
With Finocket: Route production runs through work centres with labour cost per step.
Delivery dates promised without checking the line
Today: The owner promises a distributor a date from memory of what is running.
With Finocket: Check load by work centre from open work orders before committing a date.
How it works, end to end
- Purchase of raw and packing material
- Stores and godowns
- Formula and costing
- Production planning
- Production run
- Job work with packers and converters
- Sale, billing and dispatch
- Exports
- GST
- Collections
- Accounts
- Reporting
Built for
- Food processors, bakeries, spice, snack and beverage units
- Nutraceutical and AYUSH (Ayurveda, homoeopathy) manufacturers
- Small pharma formulation units and loan-licence brand owners
- Contract packers and converters doing job work
- Owners, production heads, stores staff and the CA who files for them
What you get
Recipe and formula BOM with costing
Write each product's recipe or formula as a bill of materials, including packing material, and see what one carton, jar or strip costs.
Production runs through work centres
Route a production run through mixing, filling and packing stages with labour cost per step, and book finished goods at the rolled-up cost.
Work orders with a WIP ledger
Plan a work order, book each stage and close it into finished stock. Work in progress nets to zero when it closes.
Capacity by work centre
See the load on each work centre from open work orders before you commit a delivery date.
Batch number on the invoice line
Record a batch or lot number against each line of the distributor invoice. Production runs do not create batches yet.
HSN-wise summary for GSTR-1
Get the HSN-wise summary across your product lines for GSTR-1, using the HSN and rate you set on each item.
Export invoices under LUT
Raise export invoices under a Letter of Undertaking in foreign currency.
Challans and e-way bill details
Send material to a packer or converter on a delivery challan, and keep e-way bill, vehicle and transporter details on the document.
Related trades
- General Engineering / Job-work ManufacturingSample business: A Coimbatore job-shop that knows the cost of every shaft
- Pharmaceutical formulation manufacturingSample business: A Baddi formulation plant whose batch record is its costing
- FMCG DistributionSample business: A Madurai FMCG distributor replacing Tally-plus-Excel
The Finocket for Food & Pharma Manufacturers page on Finocket