Written by 11:35 am Software Tips & Advice

Accounting Software for Warehouse Management

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

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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: info@accountingsoftware.com.ng

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Last modified: March 24, 2021