Accounting Software for Wholesale Distribution
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Managing inventory distribution in wholesale is not an easy task especially when you have lots of stocks piled up in Warehouse.
You can read our guide on Accounting Software for Warehouse
In this guide, I will be sharing tips to choosing the best solutions for your warehouse distribution so you can be on top of your wholesale business.
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- Confirm that the software can set all your inventory up including quantity available and value in store
- Confirm that the system can track multiple warehouses and inventory transfers
- Confirm that the software can track all your customers details and their account receivable balances
- Confirm that the system can track all suppliers details and their account payable balances
- Confirm the system can track payments from customer and cash settlements to suppliers
- Confirm that the system can track all your bank balances and reconcile any difference.
- Confirm that the system can track all wholesales and income earned for a specified period.
- Confirm that the system can track all expenses incurred and cost of goods sold.
- Confirm that the system can charge VAT on sales and help you file returns
- Confirm that the system can generate your financial report
- Confirm that the software can generate weekly, monthly or yearly inventory activities report.
While these tips can help you choose the best accounting software for your warehouse, you can connect with support centre for installation and implementation services.