Can i subtract material inventory in real time

we are a mid size candle company, we manufacture and sale our candles at retail. We would like to be able to account for our raw material inventory on daily basis. We wanted to know if it is possible to make an app that will substract automatically from our raw material one we tell the system how many candles we made for the day.

My suggestion is:-

-you can refer “Reports” ,to see your daily account
-Reports available like "Stock Balance, Stock Ledger etc…
-when you sales your product and make “Delivery Note” then automatically “Report” get updated.
and you can see your daily balance.

If you make a Bill of Materials (BOM), you can make a Stock Entry of type “Manufacture” and just select how many finished good (candles) you have made.