Salient Features - Retail Management System 1.0Setup 1.1 Setup edit or update information about as many categories and varieties of goods you want to do business in or trade in 1 .2 Setup edit or update information about as many goods you want to do business in or trade in under every registered category in step 1.1 above. 1.3 Setup edit or update information about as many customers you want to do business with or trade in 1.4 Setup edit or update information about as many vendors you want to buy items to do business with or trade in 1.5 Setup edit or update information about all details of your company you want to display or record in the company day to day business or trade. 1.6 Setup edit or update information about and set attribute of as many accounts heads and accounts sub heads as you want to use in business or trade 1.7 Setup edit or update information about and set attribute of as many bank accounts as you want to do in your business or trade accounts 1.8 Setup edit or update information about and set attribute of as many sequence numbers as you want to maintain as suffix or prefix to number the documents you want to do business in or trade in 1.9 Setup edit or update information about employees if you want to record business or trade performance of each individual 2.0 Inventory 2.1 View inventory categories and add inventory items under categories & add or edit their attributes 2.2 View inventory levels vis-a-vis re-order levels through quantity indicated and through change of color of the deficient store 2.3 Initiate action to load low inventory items on option form for initiating quotations or purchase order directly without inviting quotations. 2.4 Initiate purchase requisitions for inventory Items and track their progress at every step in the process 2.5 Receive stores from vendors and issue goods receipt notes (GRN) 2.6 Generate all R & I documents and a few sample reports 2.7 Possible to carryout daily weekly monthly or hourly stock tacking of items 2.8 Obtain complete receipt and issue statistics of every item in the inventory 2.9 View complete purchase price and sales price history of every item of inventory 2.10 Obtain complete receipt and issue statistics of every category of inventory 2.11 Enter any wastage of inventory item. The wastage is immediately recorded and accounted for in the ledger 2.12 You can view the list of all in active inventory items which are holding up your valuable capital 2.13 The system puts you in complete picture about all present, past and current in processes purchases and sales 3.0 Purchases without Quotations 3.1 Initiate purchase order directly for inventory Items without quotations. 3.2 Track progress of Purchase Order at every step in the process 3.3 Send and track all purchase related correspondence through Contact Manager 3.4 Prepare necessary documents for purchases & Bills 3.5 Be able to edit the quantity of purchase order or the price after negotiation 3.6 Allow advance payments or other payments terms 3.7 Cancel Purchase Order at any stage of the process or mark it as complete even at incomplete supplies if required 4.0 Purchases with Quotations 4.1 Invite quotations from registered vendors 4.2 Receive quotations response from vendors and prepare comparative statement of tenders 4.3 Generate partial or full purchase order from tenders 4.4 Track progress of purchase orders at every step in the process 4.5 Send and track all purchase related correspondence through Contact Manager 4.6 Prepare necessary documents for purchases & Bills 4.7 Allow advance payments or other payments terms 4.8 Cancel Purchase Order at any stage of the process or mark it as complete even at incomplete supplies if required 4.9 Be able to edit the quantity of purchase order or the price after negotiation
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A few reports included in Inventory Management System are: 1. Ageing Report (Customer wise + Supplier wise) 2. T-lists + Vouchar Lists 3. General Ledger 4. Income Statement 5. Balance Sheet 6. Customer wise sales 7. Supplier wise purchases 8. Stock Ledger (Item wise + Date wise ) 9. Ending Inventory 10. Payables 11. Receivables 12. Other Quantitative analysis 13. Other qualitative analysis and a host of other reports provides you required data on time with little efforts. Software , it will be implemented
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