Bimp Blog
Practical guides on accounting, manufacturing and finance, and real Bimp implementation cases.
Latest articles
What Is a Bill of Materials (BOM)? Example and Excel Template
What a bill of materials (BOM) is, which columns it needs, a storage rack BOM example with cost calculation and an Excel template for importing into Bimp.
ProductionToll Manufacturing Accounting: How to Track Customer-Supplied Materials
Toll manufacturing accounting for processors: separate tracking of customer-owned material, usage norms and waste, a usage report, returns and a worked example.
ProductionSafety Stock and Reorder Point Formulas: How Much to Order from a Supplier
Safety stock and reorder point formulas with a worked example: how much to order from a supplier so the shop does not stop and cash does not sit in stock.
ProductionRaw Materials Inventory Management in Manufacturing: Where to Start
How to set up raw materials inventory management: warehouses, opening balances, movement documents, usage norms and stock counts, with a euro example.
ProductionBy-Product and Scrap Accounting: How to Split Raw Material Cost Across Several Outputs
By-product cost allocation: how to split raw material cost between main product, by-product and waste. Three methods and a 10 m³ log example with Bimp setup.
ProductionScrap Accounting in Manufacturing: How to Record Scrap and What It Costs
How to run scrap accounting in manufacturing: normal vs abnormal scrap, a cost example on a 200-unit batch, and the Bimp documents that record scrap and rework.
ProductionLanded Cost of Imported Components: Duty, Broker and Freight in Unit Cost
How to calculate landed cost of imported components: allocate duty, broker fees and freight by value, weight or quantity. Worked example and Bimp setup.
ProductionOverhead Cost Allocation: Three Bases and a Worked Example on 12 Products
How to do overhead cost allocation to product cost: three bases (units, materials, labor hours), a 12-product furniture shop example and the steps in Bimp.
ProductionMRP and the Shared-Component Problem Spreadsheets Can’t Solve
Most MRP explainers stop at the basic net-requirement formula. The part that actually breaks in a spreadsheet is shared-component demand across multiple products. Here's the mechanism.