Cost and Expense Tracking

Experience seamless management with the new Daily Costing, Production Report, and DCV features on the Texfo website.

  1. Home
  2. »
  3. Cost and Expense Tracking

TexFo Daily Costing: Know Your Costs, Grow Your Profits

Daily Costing

Why Daily Costing Matters for Textile Mills

Explain its strategic importance:

  • Real-time visibility into expenses ensures informed decision-making, helping managers approve or reject orders based on accurate margin data.

  • The module supports budget control by comparing actual costs vs standard cost estimations, preventing overspending and minimizing financial variances.

  • When integrated into ERP workflows, Daily Costing improves inventory control, ensuring raw materials and overheads are accounted for across cost centers.

Contact Sales

Why Choose Texfo for Daily Costing?

Centralized Financial Oversight

Manage daily expenses, income, and cash flow from a single platform, ensuring nothing falls through the cracks.

Real-Time Data Access

Make informed decisions quickly with up-to-date financial and operational information accessible from both web and mobile devices

User-Friendly Experience

Texfo’s intuitive interface simplifies complex financial tasks, reducing errors and saving valuable time for managers and staff.

Customizable Reporting

Generate and share detailed daily costing reports in PDF and Excel formats, making analysis and communication efficient.

Integrated Operations

The platform connects costing with inventory, labor, and machine efficiency, giving mills a complete financial and operational snapshot

Dedicated Support

Texfo offers responsive customer service to ensure smooth onboarding and ongoing assistance.

Why Daily Costing Matters in Textiles

Control Margins

Daily costing enables textile businesses to monitor expenses in real time, allowing immediate identification of unexpected or rising costs in raw materials.

Boost Efficiency

By analyzing daily cost reports, textile managers can pinpoint areas where resources are being overused or wasted.

Data-Driven Decisions

Data-driven decision-making is transforming the textile industry by replacing intuition and guesswork with actionable insights derived from daily operational data.

What Our Customers Say About the Daily Costing Feature?

Texfo’s daily costing feature gives me real-time expense insights, making cost control efficient.
Paresh Bhadiyadara
Founder

How secure is my data?

Texfo uses a variety of security measures to protect your personal and business data. Sensitive information is transmitted via Secure Socket Layer (SSL) technology and encrypted into the payment gateway provider’s database, accessible only by authorized personnel. Texfo also implements physical, electronic, and managerial safeguards to prevent unauthorized access and maintain data security.

Can I customize expense categories?

Yes, Texfo allows you to customize expense categories to suit your business needs. You can create, edit, and manage categories such as raw materials, labor, utilities, and more, making your daily costing and expense tracking more relevant and organized for your textile operations.

Does it integrate with inventory and P&L?

Does it integrate with inventory and P&L? Texfo is designed as an all-in-one textile management platform. It integrates daily costing with inventory management and profit & loss (P&L) analysis, allowing seamless data flow between expenses, stock, and financial reporting. This integration helps you track costs, manage stock, and analyze profitability from a single dashboard.

Is there a mobile app?

Yes, Texfo offers a dedicated mobile app for Android devices, enabling you to manage daily costing, inventory, cash flow, and more on the go. The app provides real-time notifications, expense tracking, and access to all major features, ensuring you stay connected and in control wherever you are.
Start Today

Download Our Mobile App

Stay connected on the go with our Mobile app. Download now!

App Store
Google Play
Desktop