Syntech Manufacturing Finance
SYNTECH, official Creatio partner, Kyiv
How do purchasing, production and shipments post automatically to a management ledger?
Updated: · Grygoriy Synieok
How it works in Syntech Manufacturing Finance: postings, GR/IR, WIP, cost, revenue, month close
Manufacturing Finance is a one-way link: it reads Manufacturing documents and posts double-entry journals into Finance Center. Everything is off until the go-live date and link are enabled; procurement, production, sales, production payroll and maintenance are separate switches.
Goods receipt posts Materials / GR/IR. Approved supplier invoices clear GR/IR, post purchase price variance and VAT to payables, and create a payment request; cancelled invoices reverse. Supplier payments are matched between products, with FX differences to FX gain/loss.
Material issue posts WIP / Materials. Labour, machine and overhead absorption at order close uses the work center’s cost center; finished goods leave WIP at output value, the remainder becomes order variance and a closed order ends at WIP 0. Approved non-conformance scrap and stock adjustments post separately.
Shipment posts cost of sales or shipped not accepted. Revenue at contract price follows shipment, acceptance or the contract rule; an act is awaited only when military representative or customer acceptance is required. Advances and offsets follow the contract; payroll follows paid work centers; maintenance posts parts and work.
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 |
| Procurement (GR/IR) | Receipt Materials/GR/IR; invoice clears GR/IR and creates request. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| WIP and absorption | Materials to WIP; labour/machine/overhead absorption; closed WIP 0. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Revenue and cost | Contract shipment, acceptance or rule; cost of sales / shipped not accepted. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Month close | Preview writes nothing; explains absorption variances. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Conflict journal | State, cause, remedy, Retry after fixing. | 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
Which manufacturing documents reach the ledger?
Goods receipts, supplier invoices and payments, material issues, output, scrap, stock adjustments, shipments, revenue, advances, payroll and maintenance.
What is GR/IR for?
Goods received/invoice received: receipts post Materials / GR/IR; supplier invoices clear it.
How does an order close in accounting?
Absorption and output are posted; the remaining WIP becomes order variance and closed WIP is 0.
How should you choose go-live?
Use the real accounting start date; there is no scope filter.
What do you do with a posting conflict?
Read the cause and remedy in the Finance link journal, fix it and Retry.
Can flows be enabled gradually?
Yes: procurement, production, sales, payroll and maintenance switch separately.
Related answers: Syntech Manufacturing Finance
- Why did a production order cost more than planned? →
- How do you see each contract’s margin including variances and advances? →
Documentation: Bundle · Manufacturing ↔ Finance