Managing warehouses is not an easy task especially when you have multiple locations and massive inventories to deal with. Even those using Excel can confirm that you will get to a point where your excel sheet will become complex and ambiguous and at the end lead to a delay in prompt inventory reporting and reconciliation.
This guide focuses on what accounting software (customized for single, multiple warehouses(s) and inventory management) will do for your business.
Contact Us: info@accountingsoftware.com.ng
Deploying an inventory management and accounting software for your warehouse ensures you:
- Track all multiple warehouse locations, set-up your current inventory including quantity available and balances (cost inclusive) in each of these locations.
- Manage multi-users access on a shared network to the central data.
- Track all new inventory purchases and amount paid.
- Generate and assign bar code for your inventories.
- Track your banking transactions and reconcile any difference that arises at the end of the month.
- Hold your warehouse manager accountable for all inventory transfers from one warehouse to another without a hitch.
- Accurately generate a report on inventory balances at each location including daily, weekly or monthly activities.
- Track all inventory sales and cash received
- Track all inventory damages and cost implication
- Generate real-time stock valuation report and reveal movement over time.
- Track all warehouse expenses and staff salary.
- Track VAT charges on inventory sales and generates a report on VAT payables.
- Manage your customers and suppliers account effectively as well track all inventory receipt and supply for specified period.
- Monitor your overall performance by displaying your financial report on a real time.
- Lot’s more
For enquiries on additional features, you expect an accounting software customized for a warehouse to deliver, you can connect with our support centre for implementation services.
Email: info@accountingsoftware.com.ng