An accounting program for factories and laboratories that includes production accounts and industrial costs
The accounting program for the accounts of factories and laboratories is prepared and dedicated to following up all accounting operations for factories, from the beginning of the accounts of raw materials, through the costs of production and manufacturing operations, to the points of sale and distribution. The system includes personnel affairs and contains accounting reports for industrial activities. All this is in addition to the fact that the accounting software MADAD is compatible with all the requirements of the electronic invoice and is approved by the Zakat and Income Authority. All the previous features made Medad the best Arabic accounting program for factories with an easy and bilingual interface.

Production and Manufacturing Management Features

In addition to the general features of Medad, specialized functionalities have been developed to help businesses efficiently manage production results and control costs:

•  Component-based item costing: Define all components of a product once, and the system automatically calculates the current cost of each component when issuing a manufacturing order.

• Automatic final product costing: Calculate the total cost of the finished product automatically, including raw materials, labor, overheads, and any additional production expenses.

• Manufacturing order management: Create and track manufacturing orders, monitor progress, and ensure accurate inventory allocation for each production batch.

• Real-time inventory updates: Automatically adjust stock levels of raw materials and finished goods when production is completed or materials are issued.

• Production wastage tracking: Monitor waste, losses, or scrap during production to optimize efficiency and reduce unnecessary costs.

• Batch and serial number tracking: Assign batch or serial numbers to finished products for traceability and quality control.

• Multi-level bills of materials (BOM): Support complex products with multiple components and sub-assemblies, ensuring accurate cost calculation and inventory management.

• Cost variance analysis: Compare standard costs with actual production costs to identify discrepancies and improve profitability.

• Production reporting: Generate detailed reports for raw material usage, labor costs, overhead allocation, and finished product valuation.

• Integration with sales and accounting: Automatically link production results with inventory, sales, and accounting modules for seamless ERP operations.