Bar Code based WIP movement in Rubber Moulding company in Tapukhera

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Bar Code based WIP movement in Rubber Moulding company in Tapukhera

Bar Code based WIP movement in Rubber Moulding company in Tapukhera, Khushkera

This is ( Rewari and Bhiwadi region ) by Finsys ERP

Do you know that Finsys ERP Team recently implemented *Bar Code* based Work in Progress Monitoring and WIP transfer in many companies.👍✌ . (

In these companies, Production supervisors *work with Scanners*. Each bin comes to their section, they scan the bin *bar code*. Entry gets done. Automatic. Real Time. Actual.📦

The Downtime reasons, if any, and Wastage🗑(if any) is entered on the screen of device ( Mobile / tab / Computer ).📱🖥🖨

And the Finsys ERP gives the output Bin Bar Code…. With all Batch info

Example 1 : in Sheet Metal Auto Component Industry Job/batch bins are bar coded and thus monitored at each stage and this eases data entry and traceability at each level right from RM steel input , its rough cutting, press shop, machining, assembly, packing and dispatch.

Example 2 : Rubber Moulding Industry – both in Mixing plant and the Moulding Plant

Example 3 : in Flexible Packaging Laminate Industry Reels are bar coded at each stage and this eases data entry and traceability at each level, Printed Reels, Laminated Reels, Slitted Reels and Also Pouches Strips / Pouch packets.👌

Do you know that now Finsys has implemented Bar Code based Raw Material Issue in over 75 companies till now. 👍

Do you know that now Finsys has implemented Bar Code based Raw Material Issue in over 75 companies till now. 👍

All these companies have now implemented “Near Perfect” FIFO based material issue. These companies have also been successful assuring Perfect Traceability of each Batch of production.

These can help a company in managing the business in a good organized way. 🎯

  • Traceability is enabled
  • FIFO is enabled.
  • Wastage go down,
  • Reconciliations get easier.

👨‍💻

These ideas are available to all companies, which are Gearing towards Growth.

🌄👩‍💻👨‍💻

Bar Codes – on Raw Materials.

  1. Bar Coded Tags are printed automatically at the stage of Material receipt
  2. Scanners used for
  3. issue of Raw Material , from stores to production floor
  4. return of material from production floor to stores

  1. This helps in Batch wise Stock Traceability and FIFO / FEFO.
  2. Applicable in all Industries.
  3. Successful Results in Manufacturers of Steel auto components, Plastic Molded components, Rubber molded/extruded components, Corrugation, Laminate Flexible Packaging, Artificial Leather, and Pharma.

Finsys has launched its iOS based App for the iPhone users.

Finsys has launched its iOS based App for the iPhone users.

📲   🖥  📱

It has been successfully accepted by the iTunes portal of Apple Corporation and is ready to use.

All of you who are using an *iPhone or an Apple device* can go to itunes and use this special new software which has been *made for apple only*

This will help you to do Approvals of three important areas ▶  purchase order sales order and purchase requisition. ✅

You can also see the daily MIS reports, monthly MIS reports, and certain other graphs, and charts and Grid based reports.

📱

The difference between this and the existing m.finsys.in  ?   (A)Look and feel  is one that Apple iPhone users love. (B) Speed of accessing the data is 4X faster .

GST reversal-if-not-paid-within-6-months

This is going to change the way, you do business……

 

*BIG NEWS :  GST Reversal*… if not paid within 6 months

 

for example : If you have purchased any input Goods or any services on 1st July 2017, its 180 days for payment is already over on 27th December 2017. >>>> 1st July 2019… then due on 27th Dec 2019.

 

And so, if you have not paid for it, then, get ready to reverse its ITC (Modvat)

 

For source, legal extracts, exact dates , see the link given above.

 

This is as per Rule 2 of GST Input Tax Credit Rules,2017

 

 

*_Effects on Businesses_*

 

*Effect on you as a Supplier*  :  Good news.   Warn your customer immediately.

Tell him, Mr X, now GST is also with me. Better pay me immediately, else….. you are going to lose money too. …………

Maybe… you might get a good collection this month.

 

*Effect on you as a Customer* : Immediately ask your accounts dept, to see all the vendor bills of July 2017. And get them paid.

Or be ready to reverse the Modvat(called Input tax credit or ITC, now) with interest.