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.
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For over 5 years, we have implemented QuickBooks and Sage 50 for several companies under Retail, Manufacturing, Oil & Gas, Real Estate & Construction, Travels, Hospitality,Legal, Co-operatives, NGOs, Financial & Service Sectors.- Mbaire Services Nigeria Ltd(Construction)
- Chisco Transport Limited(Transport)
- Lounge38(Hotel and Bars)
- CTRL System Technologies Limited(Procurements)
- Aristokrat 360 Limited(Creative & Media Agency)
- Alpha Pharmacy (Health Care & Supermarket)
- Ericsson Nigeria Multipurpose Co-operative Society (Co-operatives)
- Fastanet Limited (ICT and Security)
- Britanic Maritime (Maritime Service)
- CEO Business Limited (Salary Advance, Credit Finance and Loan)
- OneHealth Pharmacy (Health Care)
- Widdi Pharmacy (Health Care)
- Olpharm Pharmacy (Health Care & Distributor)
- Hawkes Legal(Legal)
- Kantessa Limited(Fashion Store)
- OPI Nigeria International Limited (Oil & Gas Servicing)
- Zenilum Company Limited (Oil & Gas Servicing)
- Extol Security Services Limited (Security and Guard Services)
- Lilygate Hotel(Hospitality)
- Benstel Nigeria Limited(Bottle Water Production & Distribution)
- Paraclete Nigeria Limited (Bottle Water Production & Distribution)
- Lakia Construction Limited (Real Estate Development)
- Josien Holdings Limited(Distribution)
- Aisha Buhari Foundation (Futured Assured)(NGO)
- Doheney HR Services(HR)
- Insights Limited(Health Consultant)
- Biddel Oil & Gas Limited (Oil & Gas)
- System Intelligenz Limited(Contractor)
- MagTech Information Security (IT)
- Infusion Cakes Nigeria (Bakery)
- SCERA Nigeria (NGO)
- M.D School (Private School)
- Travel Options (Travels)
- Logos Travel Support & Solutions Ltd (Travels)
- Melcurt Nigeria Limited (Oil and Gas Engineering and Pipeline Construction)
- Starlight Nigeria (Retail)
- Temple Private School (Education)
- Value Mart Supermarket (Retail)
- Transweb Bureau De Change (Financial Service)
- Vektro Food Limited (Manufacturing & Retails)
- Orient Petroleum PLC (Oil & Gas)
- Plus More
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:Â info@accountingsoftware.com.ng
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Last modified: March 24, 2021
