Bank Reconciliation
Bank reconciliation is a process used by individuals and businesses to ensure that the bank’s records of their account transactions match their own records. This process is essential for identifying any discrepancies or errors that may exist between the two sets of records. To learn more about this feature click on this link.
Set secondary Unit for Item
A unit conversion is a feature that allows users to convert quantities from one unit of measure to another. This functionality is particularly useful when dealing with inventory management, purchasing, sales, and other transactions involving different units of measurement. For additional details about the feature, go to this link.
Update for medical customer, MFG added in various report
Our software has been substantially enhanced by adding the MFG data in the various report. Now the user can filter data and grouping data MFG wise.
Manufacturing (MFG) add-in various stock reports offer several benefits to businesses involved in manufacturing processes. Some of these benefits include:
- Real-time Inventory Tracking: MFG add-ins provide real-time updates on inventory levels. This ensures that businesses have accurate information about their stock at any given moment, allowing for better decision-making regarding production schedules, reorder points, and sales projections.
- Improved Production Planning: By integrating manufacturing data into stock reports, businesses can better plan their production schedules. They can identify which items are in high demand and adjust their manufacturing processes accordingly to meet customer needs while minimizing excess inventory.
- Cost Control: With detailed insights into stock levels and production processes, businesses can optimize their inventory management to minimize carrying costs. They can reduce the risk of overstocking or stockouts, leading to more efficient resource allocation and cost savings.
- Streamlined Operations: MFG add-ins can streamline operations by providing a centralized platform for managing both inventory and manufacturing processes. This integration eliminates the need for manual data entry and reduces the chances of errors associated with disparate systems.
- Enhanced Customer Service: Accurate stock reporting allows businesses to fulfill customer orders promptly and efficiently. By ensuring that the right products are available when needed, businesses can improve customer satisfaction and loyalty.
- Forecasting and Planning: By analyzing historical data and current trends, MFG add-ins can help businesses forecast future demand more accurately. This enables better planning for production schedules, procurement, and resource allocation.
- Compliance and Regulation: Manufacturing processes often involve compliance requirements and regulations. MFG add-ins can help businesses track and report on relevant data to ensure compliance with industry standards and regulations.
- Data Analysis and Insights: MFG add-ins often come with robust reporting and analytics capabilities. Businesses can leverage these features to gain insights into their manufacturing and inventory processes, identify areas for improvement, and make data-driven decisions to optimize operations.
List of reports which now contain Manufacture details and related filters:
- Stock summary report
- Item sales summary report
- Item report customer wise report
- Item report vendor wise report
- Item report date and customer wise report
- Item report date and vendor wise report
- Item rate card report