Blog Post

With a good inventory management software Streamline Purchases, Sales & Stock Transfers with Multi-Warehouse Management

In today’s complex business landscape, juggling multiple warehouses, stock transfers, purchases, and sales can quickly become overwhelming. Traditional methods leave you vulnerable to errors, delays, and inefficient processes. But what if there was a better way?

Introducing Net4accounting, a revolutionary inventory management software designed to be your one-stop solution. Streamline your operations with features like:

• Automated purchase orders and sales tracking: Simplify your workflow and eliminate manual data entry.
• Seamless stock transfers: Effortlessly move inventory between warehouses with real-time updates.
• Multi-warehouse management: Gain complete visibility into your entire inventory across all locations.
• Multi-Sales stores: Manage the inventory of each sales stores and gain visibility across all sales locations.
• Advanced reporting and analytics: Make data-driven decisions to optimize stock levels and maximize profitability.

Modules included in Net4accounting – Inventory management software

Purchase Orders: Generate detailed purchase orders with product information, quantities, pricing, and delivery terms. Set up automated approval workflows to ensure proper purchase authorization by designated personnel. Print purchase orders directly for physical records, save them as PDFs for electronic storage, or email them directly to suppliers for fast communication.

Goods Receipt Notes (GRN’s): Validate incoming goods against purchase orders. Ensure you receive the correct quality and quantity mentioned in the purchase orders by streamlining the receiving process. Print, save as PDFs, or email GRNs directly for convenient record-keeping and communication.

Delivery Note: Track outgoing shipments effortlessly. Generate delivery notes with detailed product information and customer details, ensuring smooth order fulfillment and improved customer satisfaction.

Generate Gate Pass: Maintain strict control over outgoing inventory with our Gate Pass module. Generate detailed gate passes for every outbound shipment with driver and vehicle details, which can be attached along with Delivery notes.

Purchase Invoice: Creating a purchase invoice is now easier than ever with our streamlined system. You have the flexibility to generate purchase invoices by either copying and modifying from goods receipt notes or purchase orders, or you can create them directly without any reference.

Rest assured, journal entries will be automatically generated in the general ledger, saving you time and ensuring accuracy.Once you’ve created a purchase invoice, you have multiple options for distribution. You can print, save as PDF or email directly to anyone.

Purchase Returns: You have the flexibility to create purchase returns by linking them with the original purchase invoice or goods receipt notes (GRNs), ensuring accuracy and efficiency. By linking purchase returns with the original purchase invoice or GRNs, you can ensure that you are returning the correct items with the right purchase price to the correct supplier.

This eliminates errors and reduces the risk of discrepancies in your inventory and financial records. Once you’ve created a purchase return, you have multiple options for distribution. You can print, save as PDF or email directly to anyone.

Sales Invoice: Managing sales invoices has never been easier with our comprehensive system. Whether you need to create sales invoices directly or copy and modify from delivery notes, our platform ensures accuracy in terms of quantity issued and customer details.

With automated journal entries updating the general ledger seamlessly, you can streamline your accounting processes. Additionally, our system offers convenient options to print, save as PDF, or email invoices directly to relevant parties, simplifying communication and documentation.

Sales Returns: Managing sales returns is now more efficient than ever with our intuitive system. Our platform allows you to create sales returns seamlessly by linking them with the original sales invoices.

This ensures accuracy by confirming that you are returning items sold to the same customer at the same price. Additionally, our system prevents the return of items not included in the sales invoice, enhancing control and reducing errors.

Stock Transfer: Streamline your stock transfer operations with our advanced system, designed to facilitate seamless transfers between multiple warehouses and sales centers. Our platform validates stock availability from the issuing warehouse, ensuring smooth transactions.

With automated journal entries updating the general ledger, you can maintain accurate financial records effortlessly. Additionally, our system offers flexible options to print, save as PDF, or email transfer documents directly to relevant stakeholders, enhancing communication and documentation efficiency.

Physical Stock Verificaton (Cycle Count): Efficiently manage your stock verification procedures with our system’s advanced features for periodical cycle counts or physical verifications. These measures ensure the integrity of your inventory and minimize the risk of unwanted stock manipulation.

Our platform allows you to conduct cycle counts conveniently using a mobile device, which can be used to update the system later. The system allows you to print the location-wise stock register.

Stock Adjustment: Streamline your stock adjustment procedures with our efficient system, tailored to address quantity discrepancies resulting from theft, fire, or physical verification (cycle count). Our platform automates the generation of journal entries, ensuring accurate updates to the general ledger.

Furthermore, it provides versatile options to print, save as PDF, or email adjustment documents directly to relevant stakeholders, enhancing communication and documentation efficiency.

Net4Accounting – Inventory management software, isn’t just powerful, it’s user-friendly. The intuitive interface makes it easy for anyone on your team to manage inventory with ease. Stop struggling with disconnected systems and fragmented data. Take control of your inventory and unlock your business’s full potential.