Manufacturing
Iraqi manufacturers, from assembly lines to process plants, lose margin where raw-material costs, production routing, and statutory accounting fail to connect. Moashirat installs Odoo or Oracle NetSuite and runs the accounting, tax, and Iraqi compliance behind it with one integrated team, so your bill of materials, shop floor, and audited financials speak the same language.
Challenges we solve in this sector
- Costing finished goods accurately is hard when raw materials are imported and paid in USD while sales, payroll, and tax filings are settled in IQD, blurring true per-product margins.
- Linking the shop floor to the books, tracking bills of materials, work orders, scrap, and work-in-process, so production data feeds inventory valuation and the general ledger instead of living in spreadsheets.
- Mapping manufacturing cost centers and inventory accounts to Iraq's Unified Accounting System chart of accounts while still producing IFRS-aligned statements for banks, partners, and statutory audit.
- Managing withholding tax on subcontracted processing and local supplier payments, plus labor-law-compliant payroll for shift and production workers, without manual reconciliation each month.
How Moashirat helps
BOM costing & WIP control
We configure multi-level bills of materials, work orders, and routing in Odoo or NetSuite so material, labor, and overhead roll into accurate per-unit costs and work-in-process valuation for both assembly and process lines.
Dual-currency cost accounting
Our finance team, led by a PhD in finance, structures IQD/USD accounting so USD-priced raw materials and IQD-denominated sales, payroll, and tax obligations reconcile into one clear margin picture.
Iraqi compliance & audited books
We align your manufacturing cost centers and inventory to the Iraqi Unified Accounting System, handle tax registration, withholding, and returns, and deliver IFRS-aligned statements plus internal and external audit.
Odoo Manufacturing is the leaner, faster start for a single plant, while Oracle NetSuite suits multi-entity manufacturers consolidating several sites and currencies in the cloud.