Byproducts

A byproduct is a product that is created as the result of producing a finished good. Byproducts are not assigned costs and do not reduce the value of the finished good. All byproduct costs are absorbed as part of the cost of the finished good.

Like finished goods, byproducts must be defined as items in the Inventory Control solution and set up as inventoried items at the production facility.

A byproduct cannot be set up as a catch weight item. Byproducts can be tracked by bin, lot, serial number, or multiple unit of measure. See the Inventory Control User Guide.