Syntech Manufacturing Finance
SYNTECH, official Creatio partner, Kyiv
How do you see each contract’s margin including variances and advances?
Updated: · Grygoriy Synieok
How it works in Syntech Manufacturing Finance: contract profitability, margin, contribution, cost of sales, advance, shipped not accepted
Contract profitability reads revenue, cost of sales, variances and expenses from the ledger and shows contribution and margin. It includes shipped but unaccepted goods, customer advances compared between ledger and contract, and account drill-down.
Revenue at contract price follows shipment, acceptance or the contract rule. An act is awaited only if military representative or customer acceptance is required; shipments can stay shipped not accepted before acceptance.
Lines carry contract, customer, product and cost center; advances and offsets follow the contract. System administrators, finance directors and production directors can View the finance link; administrators and finance directors can Manage it.
Comparison
| Criterion | Syntech Manufacturing Finance | Manual transfer to Excel | BAS / 1С (виробничий облік) | Odoo Manufacturing + Accounting |
|---|---|---|---|---|
| Solution type | Links Syntech Manufacturing to the Finance Center ledger | Manual data transfer | Accounting system with production accounting | Odoo ERP manufacturing and accounting modules |
| Number source | Finance Center ledger. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Variances in margin | Revenue, cost of sales, variances and expenses → contribution and margin. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Advances | Customer advances: ledger vs contract, offsets. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Shipped not accepted | Goods before required acceptance. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Drill-down | To accounts. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
General comparison based on publicly described product scope. Check specific editions with each vendor.
FAQ
Where do contract revenue and cost come from?
From the Finance Center ledger, including variances and expenses.
When is revenue recognised?
At shipment, acceptance or the contract rule; waiting for an act applies when required acceptance exists.
How are customer advances included?
The report compares ledger advances with the contract and includes offsets.
What does shipped not accepted mean?
Goods shipped before required acceptance; cost stays in the shipped-not-accepted role until acceptance.
Who can see contract profitability?
View the finance link is granted to administrators, finance directors and production directors. Finance reports themselves have no separate report rights.
Related answers: Syntech Manufacturing Finance
- How do purchasing, production and shipments post automatically to a management ledger? →
- Why did a production order cost more than planned? →
Documentation: Bundle · Manufacturing ↔ Finance