Mass Balance

General description #

The mass balance principle describes a process by which companies/business units gradually transition from the use of fossil raw materials to recycled and/or renewable feedstock. Mass balance is all about combining fossil and recycled/renewable resources in already existing systems while tracking their quantities and allocating them to specific products. This entire process enables the use of traceable recyclable or renewable raw materials, allocating quantities to the product and thus verifying the use of sustainable sources.

Mass balance in Qbil #

Mass balance in Trade was designed with such business units in mind that use the mass balance mechanism in their factories. The module allows for the tracking of the entire process as well as the verification of the products as sustainable.

This entire mass balance process is accomplished in various steps and can be tracked using the multiple screens of the Mass balance module such as transfers, productions, reconciliations, etc. You can also add the various feedstocks (certificates) and scopes associated with your products using the feedstocks & scopes. Qbil-Trade also provides a variety of reports related to processes and an overview of the mass balance to assist you in tracking the position and flow of recyclable/renewable feedstock.

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Updated on September 19, 2024
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FAQ'S

Accounts and Financial

  • Unable to find invoice for export in current month

    Invoices are displayed on the export screen in a particular month. The month of the invoice is taken from the invoice date and not from another date, such as the due date.

    The invoice date is therefore leading in terms of month for export periods. For example: Invoice date 22-05-2022 and due date 15-06-2022. This invoice will appear in the export under the month May.