What benefits you can avail from Multi-Branch feature in Finsys?

You can get information of –

1.

Same item with different prices in different plants

2.

Same item’s stock in different plant.

3.

If you are making Indent in one plant, can see stock in different plant.

Very Basic yet super Beneficial feature !!

What should be included in Purchase Voucher bundle?

1. Purchase Voucher attached with the print of its MRR which is generated through your respective ERP software.

2. MRR should be signed by the person who is responsible for gate entry or storage.

3. Purchase Voucher should be stamped (Gate Entry stamp).

4. Following attachments should also be there –

NOTE

These all things protect you from GST and Income Tax problems as it gets complicated without these to prove in reconciliation of GSTR 2A-2B and case assessments that you have received those particular items.

Way to Faster Payment Advice & Payment Voucher

Knock off different payment vouchers by multi bill -rcpt/pymt option.

How this will benefit you?

You can select each rows in less than a sec 

You can see cheque amount

TDS already deducted

If credit/debit note with the party, already entered and adjusted

Advance payments also gets adjusted

This will lead to lesser mistakes

Just click ok and you are done with your cheque

This is time friendly way instead of the tedious business of doing payment of 5 lacs and then knock it off bill wise.

Enjoy your fast Accounting!!

Item Master Tips!!

Always check once in a month which new item codes and party codes are opened and under which heads are opened in last month.

You will always found some are duplicates, some are entered under wrong sub-head or wrong head, TDS and GST rates are wrong.

This is the small way to self audit.

You have to taken to this as this will lead to lesser mistakes and more accountability.

Are you making Purchase Indent/Requisition?

No….then know why you should-

Accountability- What is the need of the material?..What is the logic behind the order made?

Indent is needed for production related item, automatic metal requirement planning -PR, re-order based item-minimum level based items

Just a click can give you automatic Indent on all those-consumables,oils,gasses and diesel.

This called Minimum level Based Indent

You can also have manual indent on items other than the above

Important

 Make Indent in finsys.

Stages of Indent 

1.Make Indent

2.Check Indent

3.Approve Indent

Try to hands on all the stages!!