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Manufacturing Accounting Cheat Sheet (DRAFT) by

This is a draft cheat sheet. It is a work in progress and is not finished yet.


Mass Balance
the process of accounting the crude oil all the way through the finished products
raw material put in the process to produce finished products
finished product from the production process
Zero Value Input - a material utilized in a conversion process – and becoming part of the mass of the product produced - obtained a zero or negligible cost. Often water or air
Consumed in Operations - the utiliz­ation of on-site materials for something other than to produce goods for sale. Most often – used to record material burned for energy produc­tion.
Zero Value Output - a material produced by a conversion process from the mass of materials purchased having no normal salable value. Often water or waste material

Oil Loss Tolerance

Global Target
0.25% Loss
Based on historical data
Site 1-Month Tolerance
(0.25%) – 0.75%
2 Standard deviations
Site Full-Year and 12-month rolling average tolerance
0% - 0.40%

SAP Oil Loss Report

Dirty Report
Report runs based on posting date of the movements
Clean Report
Report runs based on document date (event date)