How PPC Department can monitor the working of production Department and can check their task given to Production Department??

Finsys already have the solution for this-

Job Order Status Report

This Report tells us about which jobs are given to production lines and how much yield it gains and from which job.

Let’s understand what here Yield means

If you have to make 1000 pcs job then how many reached to Finished goods ??

Job Issued -1000 pcs

Raw Material issued -1000 pcs

then the output we gain against this production run is only counted in actual cost of production.

for Instance – if the output should be 1000 pcs then the cost of production will come out to be Rs.1 but if the output comes out to be 900 then the cost production will get increased.

Job Order Status Report shows – how much job is getting completed ?

Are you finding the way to manage your different plants and centralized accounting system??

Finsys ERP has already paved the way to it through the feature named

Multi Firm Voucher

For Multi Firm Voucher you just have to do some settings in your Voucher Type Master.

If we put voucher from one collection bank the Journal vouchers will automatically get entered in all the plants.

This will make your P&L good at plant Level and also in consolidated way.

Software will do all these things automatically you just have to be cautious about the branch selected when you were entering receipt/voucher.

If Your eyes are on Accounts Review and Item Review ??

If yes then good, not here are the things you should know-

It’s a wonderful data report from which we can analyse, our all Accounts and Items just in a page, which type of entry is done in which account.

Without checking different Ledgers we can check it daily so that if we saw any unnatural transaction we can verify or can correct it and by double clicking on it, can check who had put that data-when and from which system it is entered.

Item Review Report helps in reviewing Inventory and Account Review Report helps in reviewing Accounts.

One page summary of the entire ledger-what comes in or goes out, How much collections and receipts are made in accounts.

Finsys ERP – Omnipresent ??

Finsys ERP is a web based ERP which helps you to create MIS Report from anywhere.

Finsys ERP has a feature named Calling IP from which you can access your data securely anywhere from the world.

By Securely access we mean data safety which is available and shown to the concerned person only.

By the use of Finsys ERP you can access your TOP Level MIS Report – Sale, Collection, Payment Outstanding anywhere.

When you can access your data from anywhere your Business will always be up to date.

Strategic Cash Flow Management: Solving the Advance Tax Burden

Managing business finances often feels like a balancing act, and one of the heaviest weights on that scale is Advance Tax. Many entrepreneurs and professionals struggle when the quarterly deadline hits, finding that a significant chunk of their liquid cash suddenly vanishes to meet tax obligations. This “lump-sum” pressure can disrupt operational cash flow and stall growth plans.

The Core Problem: The Quarterly Crunch

While the Income Tax department mandates quarterly installments, waiting until the last minute to arrange these funds often leads to:

• Liquidity Crises: Sudden outflow of cash that could have been used for inventory or expansion.

• Stressful Planning: Scrambling to manage large payments every few months.

• Interest Penalties: If you miss a deadline due to a cash shortage, you end up paying more in interest.

The Solution: Micro-Installment Strategy

The secret to seamless tax management is not just about what you pay, but how you plan the frequency. A highly effective strategy is to break down your projected tax into Weekly or Monthly “Internal” Installments.

Instead of viewing advance tax as four giant hurdles, think of it as a consistent business expense:

• Monthly Planning: Divide your estimated annual tax by 12 and set it aside or pay it monthly.

• Weekly Micro-Payments: For high-revenue businesses, breaking it down into 50 weekly payments makes the burden almost invisible.

Practical Case Study

Imagine your estimated Advance Tax for the financial year is ₹50 Lakhs.

• Traditional Way: Paying ₹12.5 Lakhs every quarter can seriously hurt your month-end cash reserves.

• The Pro-Active Way: Start paying ₹1 Lakh every single week.

By the time the official quarterly deadline arrives, you have already covered your liability bit-by-bit. This ensures your life remains easy and your business stays liquid.

Conclusion

Tax compliance shouldn’t come at the cost of business stability. By adopting a “pay-as-you-earn” mindset through weekly installments, you solve the cash flow problem once and for all.

Website : https://finsys.co.in/