Youtube and page on Traceability in Automotive Industry, Barcode, QR Code, Scanners,

Monthly Archives: December 2021

Youtube and page on Traceability in Automotive Industry, Barcode, QR Code, Scanners,

How to Implement Traceability in Automotive Industry, Barcode, QR Code, using simple Scanning Process


Successful Bar Code Implementation using Finsys ERP




Preparation of Barcode Sticker of Incoming Raw Material

 Printing of Bar Code Sticker from RM to Production WIP to Finished Goods QC and to Despatch


In a User Friendly way, learn yourself on


Watch how you can move the material from Raw material stage to Finished Goods Stage, with full Traceability

 


The Success included the following ideas

Finsys ERP’s extension, with the Barcode Mobile App which is used for following Movement
-Incoming QC
-Binning of Material Placed in Location
-Issuance to Production
-OK / Line Rejection Return to Store
-Material Received in Store
-Q/C of FG Material
-FG Received in Bond Store


 QC of Incoming Raw Material through Mobile App by Quality Person

After QC Checked Sticker Paste on Raw Material Bins


After QC of Raw Material Binning Done by Store Person and Placed on Location
And Raw Material Stock updated automatically


Raw Material Picked Through Mobile App by Logistic and issued to Production
And Raw Material stock will reduce automatically


Raw Material Picked Through Mobile App by Logistic and issued to Production
Entry saved without
FiFo System


Before FiFo System Entry Saved.


After that Implement FiFo System for Raw material Picking and issuance.


Production Voucher Prepared through Bar Code by Production after Producing the Finished Goods


After Preparation of Production Voucher Automatically mails goes to concerned department


First Mail goes to QC Person where he can know that Finished Goods Ready for QC


Barcode Sticker paste on Finish Goods Bins


QC Checked of Finish Goods Through Mobile App by Quality Person


After QC Checked of Finish Goods Mark OK Stamp on Bar Code Sticker


After QC of Finish Goods Received by Store Person  through Mobile App

After QC of Finish Goods Material Received Through Mobile App by Store Person
And Finished Goods updated automatically


Congratulations to SATA Vikas, Palwal, Haryana, India for accomplishing Traceability successfully.

Success of Man+Machine+Material+Method, in order to be successful in generating More Money+ More Motivation through Success

http://www.satavikas.com/

 

PK Packaging Pvt Ltd, Assam | 3000 Tons per month | Finsys ERP started even before machines started

Mr Rahul, ERP Committee Member of P K Packaging Assam, shares how Finsys makes his life easy, How They decided in favour of Finsys ERP and how they decided to start ERP even before they started their Corrugator machines.

PRPPL shares thoughts on challenges and solutions and benefits in using Finsys ERP softwares, making corrugation more traceable & profitable

Sangeet Gupta, Puneet Gupta, Ashok in discussion with Mr Rahul Sharma.

 

 

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Problem of Vanishing Vendors ( leads to Reversal of GST ITC with Intt @24% and Penalty )

Dear   I am SME of India   Members

and Friends,


There is a Problem.

Hence this Post.

This is regarding the recently rising Problem of “Vanishing” Vendors, leading to big losses in GST. And this problem is rising .



The information below is True and is with personal experience by us.

And this message is to help other member units avoid this problem.


Vanishing Companies Includes (a) Those whose GST Registration is Struck off by the GST Dept (b) Those who are registered but are not filing GST Returns / filing them improperly


Every month, we are coming across cases of GST Audit by Department, and their insistence of GST-2A matching with your GST-3B.
If the difference is substantial, they ask for Detailed GSTR2A matching…. Even if this is not legally compulsory, Even if some High Courts have come in support of the Manufacturer/Trader, that he is not responsible for the mistake of non filing by the Vendor… but yet matter is being hotly debated.

The Above “addition” leads to Reversal of GST ITC with Intt @24% and about 15% Penalty

 


This means, that….. if the vendor charged you GST of 5 lakhs in January 2018, this “unpaid amount” will become about Rs 11.50 lakh including Interest @ 24% p.a. x 4 years, and Penalty of 15% by January 2022.

 


Points to Remember

Do a Regular Check of which Vendor is “OK” VALID and who is “Struck off” / “Cancelled” .. Every month / Every 3 months

Purchase Dept to listen to Taxation Department / Accounting Department / BPO .. and followup with Vendors for GSTR2A in-congruencies ….Every month / Every week

Tip of the day
In case, you are facing problems in doing this, Finsys can help you do this,
Advise is Complimentary for IamSMEofIndia members.
And, in case you want us to do this on regular basis, then, Professional Support is also available with our 70+ staff including 12 Qualified CA’s and 2 Qualified CS and 20+ Software Engineers , who can help make your life safer from this GST Risk.

Contact us at : www.finsys.co.in | corporate@finsys.in


Finsys is Proud to be Member of I-am-SME-of-India since 2010

Big Problem of Vanishing Vendors ( leading to Reversal of GST ITC with Intt @24% and Penalty )

Dear LMAI Members and Friends,


There is a Problem. Hence this Post.

This is regarding the recently rising Problem of “Vanishing” Vendors, leading to big losses in GST. And this problem is rising .



The information below is True and is with personal experience by us.

And this message is to help other LMAI members avoid this problem.


Vanishing Companies Includes (a) Those whose GST Registration is Struck off by the GST Dept (b) Those who are registered but are not filing GST Returns / filing them improperly


Every month, we are coming across cases of GST Audit by Department, and their insistence of GST-2A matching with your GST-3B.
If the difference is substantial, they ask for Detailed GSTR2A matching…. Even if this is not legally compulsory, Even if some High Courts have come in support of the Manufacturer/Trader, that he is not responsible for the mistake of non filing by the Vendor… but yet matter is being hotly debated.

The Above “addition” leads to Reversal of GST ITC with Intt @24% and about 15% Penalty

 


This means… that if the vendor charged you GST of 5 lakhs in 2018-19, it will become about 10 lakh including Interest and Penalty by 21-22.

 


Points to Remember

Do a Regular Check of which Vendor is “OK” VALID and who is “Struck off” / “Cancelled” .. Every month / Every 3 months

Purchase Dept to listen to Taxation Department / Accounting Department / BPO .. and followup with Vendors for GSTR2A in-congruencies ….Every month / Every week

Tip of the day
In case you are facing problems in doing this, Finsys can help you do this, Advise is Free for LMAI members and in case you want us to do this on regular basis, then, Professional Support is also available with our 70+ staff including 12 Qualified CA’s and 2 Qualified CS and 20+ Software Engineers ,who can make your life safer from this GST Risk.

Contact us at : www.finsys.co.in | corporate@finsys.in


Finsys is Proud to be Member of LMAI since 2017