Industry playbookTERP Accounting for Manufacturing
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Manufacturing with TERP Accounting

Industry Solutions

TERP Accounting for Manufacturing

Improve controls, approvals, and reporting so manufacturing teams can close faster.

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Key metrics

Cost controlAP cycle timeBudget complianceVAT accuracyClose time
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Overview

What TERP Accounting helps you achieve

Improve reconciliations, approvals, and financial reporting so manufacturing teams can move faster with better controls.

01

Cost centers for plants, production lines, departments, batches, and projects.

Improves financial controls with approval routing, reconciliations, and drill-down reporting.

02

AP/AR ageing, supplier invoice approvals, customer outstanding, and credit control.

Improves financial controls with approval routing, reconciliations, and drill-down reporting.

03

Budget controls for procurement, maintenance, utilities, labor, and production overheads.

Improves financial controls with approval routing, reconciliations, and drill-down reporting.

04

Bank reconciliation, VAT/statutory outputs, audit trails, and scheduled finance exports.

Improves financial controls with approval routing, reconciliations, and drill-down reporting.

Integrations

Bank exportsERP integrationsInventory and purchasing dataEmail/SMS notifications

Manufacturing suite

Connected Tessera workflows for manufacturers

Manufacturing teams usually need ERP, HR, accounting, and attendance controls working from the same operational data. Explore the related manufacturing pages below.

Manufacturing ERP

Production planning, BOMs, work orders, inventory, quality, purchasing, and cost variance.

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Manufacturing HR & Payroll

Shift payroll, overtime, allowances, employee records, compliance, and plant headcount reporting.

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Manufacturing Time & Attendance

Biometric capture, shift rotations, overtime approvals, exceptions, and payroll-ready exports.

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Challenges

Common pain points we solve

Most manufacturing teams struggle with visibility, controls, and reporting. Tessera brings those workflows together.

01

Production cost visibility is delayed, making product, line, and plant profitability reporting inconsistent.

TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.

02

High supplier invoice volumes, landed costs, import VAT, and GRN matching create AP complexity.

TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.

03

Budget vs actual tracking is manual across raw materials, maintenance, utilities, labor, and overhead cost centers.

TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.

04

Audit readiness requires manual compilation of approvals, journals, inventory valuation, and transaction records.

TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.

05

Cashflow visibility is limited when supplier payment cycles, customer ageing, and stock commitments are disconnected.

TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.

Workflows

Key workflows for Manufacturing

These are the most common workflows manufacturing organizations implement first for fast ROI.

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Cost center and production P&L

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Supplier invoice approvals

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Budget vs actual tracking

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

VAT and import reporting

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Audit-ready exports

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Cashflow dashboards

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Inventory valuation

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Variance reporting

Designed for faster close with approval routing, drill-down visibility, and exportable outputs.

Common use cases

Profitability reporting by product line, plant, customer segment, and production batch.
Supplier invoice approvals matched to purchase orders, GRNs, landed costs, and returns.
Budget vs actual reporting for raw materials, maintenance, utilities, and overtime.
Cashflow visibility across supplier payment cycles, customer ageing, and stock commitments.
VAT/statutory outputs, audit-ready exports, and controlled journal approval history.
Manufacturing variance reporting for material usage, scrap, rework, and overhead allocation.

Capabilities

What you get with TERP Accounting

A practical feature set designed for manufacturing teams, with controls and reporting built in.

01

Multi-company + multi-currency

Handle multiple entities, currencies, and reporting structures with clear controls.

02

Chart of accounts + cost centers

User-defined COA with cost/profit centers for departmental accountability.

03

AP/AR + ageing controls

Supplier/customer management, ageing, credit limits, and outstanding visibility.

04

Budgets + approvals

Spending controls with approval routing to reduce leakage and improve governance.

05

Bank reconciliation + exports

Reconcile faster and export/import transactions for integrations where needed.

06

VAT/statutory reporting

Generate VAT/statutory outputs and audit-ready reports with drill-down clarity.

07

Report builder

Design reports with filters, pivots, and role-based visibility for secure sharing.

08

Operational integrations

Connect inventory, purchasing, and POS so finance stays aligned with operations.

Reporting

Dashboards and insights

Get visibility that helps teams act faster: drill-down reporting, analysis views, and exportable outputs.

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Common dashboards & reports

Trial balance, P&L, balance sheet (with drill-down)
AP/AR ageing and outstanding analysis
Cost center P&L and profitability views
Budget vs actual and variance reports
Bank reconciliation outputs and exports
VAT/statutory and compliance reports

Built for teams

Secure reporting and controlled exports

Share the right view with the right people using role-based access. Export and schedule reports for finance, operations, and leadership.

Role-based visibilityDrill-down viewsExports (PDF/Excel)Scheduled sharing

Modules

Recommended Tessera modules

Start with accounting and approvals, then connect operations and sales workflows for better visibility.

TERP Accounting

Financial reporting, approvals, reconciliations, and cashflow visibility.

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Accounting & Finance

Reporting, controls, and financial visibility across teams.

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HR & Payroll

People operations, payroll workflows, and compliance support.

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Point Of Sale

Sales, stock updates, and branch performance visibility.

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Stories

What success looks like

Outcomes manufacturing teams expect after implementing TERP Accounting workflows, approvals, and reporting.

Month-end close in days, not weeks

Month-end close in days, not weeks

Standard reconciliation workflows and AP approvals reduced manual effort and made the close process predictable every month.

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Cashflow visibility that changes decisions

Cashflow visibility that changes decisions

Leadership sees AR aging, outstanding balances, and cashflow in real time — not at the end of the month when it is too late.

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Audit-ready without the scramble

Audit-ready without the scramble

Approval logs, transaction history, and structured exports mean the finance team is always ready — no last-minute compilation.

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FAQ

Questions we hear from Manufacturing teams

If you want, we can walk through your exact workflows in a short demo.

Yes. Cost center reporting with drill-down connects raw materials, labor, overhead, maintenance, and other costs to production units.

AP workflows with VAT capture, PO/GRN matching, landed cost tracking, and structured approvals reduce manual effort.

Yes. Budget controls and variance reporting are available by plant, department, production line, and cost center.

Yes. Reporting can connect inventory valuation, WIP movement, finished-goods stock, and production variance to financial dashboards.

Get started

Get a manufacturing demo

We will map your workflows, recommend a rollout plan, and show the dashboards your team will use day-to-day.

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In the demo

  • Reconciliation workflows and AP/AR controls
  • Budget approvals and financial dashboards
  • Implementation timeline + support plan
  • Module recommendations for your team

Industry page: /industries/manufacturing-accounting