Inventory Management & Backflushing in an ERP environment

Background

In order to achieve the presentation shown above the company ordinarily needs to maintain separate accounting and Inventory records. Now, imagine calculating Weighted Average Value of inventories for the company who’s inventories are worth Crores of Rupees! It will be difficult.
Thus ERP systems were introduced which seamlessly integrated these two functions of the company
With the help of an ERP the manufacturing companies can now keep the track of the Inventories, Accounting& Valuation all at the same time!