Mastering factory books and cost control in one practical guide.
This handbook explains how to organize and record factory accounts, linking daily transactions to the big picture of profit and loss. It emphasizes clear, systematic records that reflect the real flow of money and materials through a manufacturing operation.
This edition updates factory routines and registrations, with diagrams and examples that show how factory books relate to commercial records. It is written for accountants and managers who want practical methods for costing, stores control, wages, and capital maintenance, without getting lost in theory.
- Comprehensive coverage of labour, stores, prime cost, and stock through practical ledgers and forms.
- Guidance on integrating factory books with commercial books for accurate cost and inventory accounting.
- Discussion of depreciation, factory general charges, and the treatment of fixed capital.
- Includes notes on regulatory matters and the efficient organization of factory offices.
Ideal for readers working in manufacturing who need reliable, implementable accounting methods and the discipline to keep integrated records across production and finance.