The difference between the value of goods transferred from a manufacturing account to a trading account at a price other than the cost of goods manufactured and the actual cost of goods manufactured.
A section of an organization in which production is carried out, focusing on transforming raw materials into finished goods through various processes and workflows.
A Rectification Note is a form issued to the production department of an organization, detailing the requirements to rework or rectify a piece of work.
A Stores Issue Note (SIN) is a document used in inventory management to authorize the release or issue of inventory items from the warehouse to the production department or other requesting departments.
