Benefits of Pending Purchase Order Reports in ERP : Maximize Efficiency

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Benefits of Pending Purchase Order Reports in ERP : Maximize Efficiency

Why the Daily Pending PO Report is Mandatory for Success

In the world of smart manufacturing, data that arrives late is as good as no data at all. Understanding the core Benefits of Pending Purchase Order Report. According to Finsys Standard Operating Procedures (SOPs), circulating a Daily Pending PO Report to management is not just a recommendation—it is essential for a disciplined plant.

Whether you receive this via Auto-Email Daily or a Weekly Printout, this report is the heartbeat of your procurement department.

1. 100% Data Integrity: Moving Beyond “Oral” Orders

The biggest threat to a growing industry is the “Oral Order.” Without a digital trail, accountability vanishes. Benefits of Pending Purchase Order Report. A daily PO register ensures:

  • Total Entry Compliance: 100% of orders are entered into the system on time.

  • Zero Duplicates: Management can spot and rectify duplicate orders before they cost the company money.

  • Data Completeness: Prevents “Incomplete POs” (e.g., only 9 out of 10 rows entered) by providing immediate visibility.

  • Order Accuracy: No missing orders; what management sees is what the vendor sees.

2. Accurate PO Positioning & Vendor Follow-up

A critical benefit of the Pending PO Report is Short Closing.

Example: If a PO was for 15,000 kg and the vendor shipped 14,924 kg, the remaining 76 kg likely won’t be shipped. By reviewing the daily report, management can Short Close these balances. This results in a Correct PO Position, allowing for better, more aggressive vendor follow-ups.

3. Eliminating Errors in the MRR (Material Receipt) – Benefits of Pending Purchase Order Reports

The accuracy of your Purchase Order directly impacts your Material Receipt Report (MRR).

  • No Duplicate MRRs: Scrutiny from the top ensures receipts aren’t double-counted.

  • Complete Records: Ensures every item received is logged accurately against the PO.

  • Stock Reliability: When your MRR is 100% accurate, your inventory levels are always “Live” and trustworthy.

4. Benefits of Pending Purchase Order Report

When you maintain a Correct PO Position, your entire factory wins:

  • Optimized Purchase Planning: Buy only what you need, when you need it.

  • Uninterrupted Production: Never miss a production schedule due to a “forgotten” raw material shortage.

  • Inventory Balance: Avoid the twin traps of Excess Stock (wasted capital) and Shortages (wasted time).

  • Total Follow-up: Ensure even the smallest, most minor Purchase Orders are tracked and delivered.

Build a Stronger Industry with Finsys ERP

At Finsys, we believe that a system-driven company creates a Stronger Industry, a Stronger Economy, and a Stronger India. By moving from “Person-Driven” to “System-Driven” operations, you make your company more efficient, economical, and powerful.

Ready to Make Your Factory System-Driven?

New Order – Navasari, Gujarat – ERP Software Duplex Folded Cartons Packaging

New Order: Finsys ERP to Power Duplex Folded Carton Plant in Navasari, Gujarat

The packaging hub of Gujarat continues to embrace digital transformation. We are proud to announce a new implementation of Finsys ERP software for duplex folded cartons at a major manufacturing facility in Navasari. Specializing in high-quality packaging for sarees and dress materials, this company is upgrading its entire operation to the “Finsys Standard.”

Why Packaging Leaders in Gujarat Choose Finsys

This Navasari-based plant join over 130+ factories that have already adopted Finsys for their specialized needs. The factors for choosing Finsys over generic software were clear:

  • Proven Market Feedback: A largely positive reputation across the Indian packaging market.

  • Industry-Specific Customization: Finsys is already highly customized for mono cartons and corrugation, meaning faster deployment with less “trial and error.”

  • Expert Support Team: Access to a team that understands the “DNA” of a packaging plant—from GSM-BF synchronization to intricate die-cutting.

  • Continuous Improvement: A software roadmap that consistently integrates new features like Android-based barcode tracking and real-time WIP analysis. ERP Software for Duplex Folded Cartons Gujarat

    ERP for flexible-packaging

Advanced Features for Saree & Dress Packaging – ERP Software for Duplex Folded Cartons Gujarat

Manufacturing for the textile industry requires precision. Finsys provides specialized modules to handle these complex processes:

  1. Stage-Wise Production Tracking: Monitor every step from offset printing to folding and gluing.

  2. Material Requirement Planning (MRP): Optimize the procurement of duplex boards and specialized inks to reduce waste.

  3. Accurate Job Costing: Understand the exact “Value Addition” for every unique saree box or dress material carton produced.


Transform Your Packaging Plant Today

From North India to Gujarat and beyond, Finsys is the largest selling ERP for the packaging industry. Join the network of smart manufacturers today.

New Order – Behror, and Neemrana, Rajasthan – ERP Software – Corrugation

New Order: Finsys ERP Expands in Rajasthan’s Corrugation Hub

We are proud to announce a new partnership with a prestigious leader in the large-scale corrugation packaging sector. This mid-size corporate giant operates high-volume manufacturing plants in the industrial corridors of Behror and Neemrana, Rajasthan. Consequently, they have become a true heavyweight in the region’s manufacturing landscape.

Why Rajasthan’s Packaging Leaders Choose Finsys

This implementation is a direct testament to our specialized focus. The client selected Finsys ERP based on several critical pillars:

  • Deep Domain Expertise: We offer specialized technology tailored specifically for the corrugation and paper packaging line.

  • Proven Track Record: Finsys has a long history of successful deployments in large-scale plants across India.

  • Scalability: Our system allows management to oversee multiple plants (Behror and Neemrana) under a single source of truth. Corrugation ERP Software Rajasthan

A One-Stop Solution for Every Box Size – Corrugation ERP Software Rajasthan

This Rajasthan-based leader provides premium protection for diverse industries. For instance, they produce everything from small pizza boxes to massive refrigerator shipping containers. Now, Finsys ERP will power their two generations of experience with modern automation, including:

  1. GSM & BF Synchronization: You can now precisely track paper quality and burst factor for high-strength boxes.

  2. Multisite Inventory Management: Gain real-time stock visibility between the Behror and Neemrana facilities instantly.

  3. Advanced Quality Commitment: Automated QC checkpoints monitor every stage, from reel inwarding to final dispatch.

Commitment to “Made in India” Quality

At Finsys, we are dedicated to making businesses better through system-driven efficiency. By digitizing their operations, this corporate leader ensures their “premium quality” commitment is backed by digital precision.

TDS 194R – TDS on Perks like Travel vouchers, Gold Coins, Cars, Freebies

TDS 194R – TDS on Perks like Travel vouchers, Gold Coins, Cars, Freebies


Do you sometimes give Gifts to your Customers ?

on Diwali ?

on Marriage Like Events ?


Good, now please remember to take their PAN number, and take TDS also from them if possible, or pay from your own pocket this TDS and deposit it by 7th of next month.

One more thing, if you think, you will hide it ? …… In that case the expense itself will be disallowed. for non deduction of TDS


This new section 194R requires deduction of tax at source @ 10%, by any person, providing any benefit or perquisite, exceeding Rs. 20,000 in value, in a year, to a resident, arising from the business or profession of such resident and such benefit or perquisite is in the nature of income falling under section 28(iv) of the Income tax Act.


Disallowance Provision – IT Act TDS on Perks and Gifts Section 194R

40(a)(ia) : In that case, 30% will be Disallowed.

Section 40(a) (ia)  says…… thirty per cent of any sum payable to a resident, on which tax is deductible at source under Chapter XVII-B and such tax has not been deducted or, after deduction, has not been paid on or before the due date specified in sub-section (1) of section 139

Note : Our this 194R is in Chapter XVII-B hence fully covered.

Example : Gift Given : Rs 50000 worth of Gold Coin. Dont want to Deduct TDS. Get this disallowed. And Pay Tax 22+sc+cess = 26% on the 30% of this coin = Rs 15000 x 26% = Rs 3900

so the Gold Coin is now costing not Rs 50,000, but Rs 53,900.


Penal Provision – TDS Rules

Plus, the implications under TDS rules, TDS non payment penalties, TDS interest, etc will continue…. there is no exemption, to that. That continues.


Effective from

The new provision part of the Finance Act 2022 will become effective from July 1.


Clarifications – TDS on Perks and Gifts Section 194R

CBDT. vide Circular No. 12/2022 dated 16.06.2022, issues guidelines for removing difficulties on implementation of Section 194R On guidelines on deduction of tax at source under.


The Central Board of Direct Taxes (CBDT) gave some clarifications


According to the guidelines, it is not necessary for the payer/deductor to check the taxability of the sum in the hands of the payee before deducting TDS by clearly distinguishing the principles governing TDS under Section 195 from the TDS under Section 194R.


  1. It is made clear that the benefit or perquisite covered under Section 194R can be either in cash or in kind or partly in cash and partly in kind.
  2. The nature of asset given as benefit or perquisite is not relevant and even capital assets given as benefit or perquisite are covered within the scope of Section 194R.
  3. CBDT categorically uses the phrase ‘of whatever nature’ on benefit or perquisite for fastening TDS liability on the payer.


Section 194R will apply to seller giving incentives, other than discount or rebate, which are in cash or kind e.g., car, TV, computers, gold coin, mobile phone, sponsored trip, free ticket, medicine samples to medical practitioners. TDS on Perks and Gifts Section 194R


However, CBDT has provided a breather on sales discount, cash discount and rebates allowed to customer by excluding them from the purview of Section 194R as their inclusion would put the seller into difficulties. TDS on Perks and Gifts Section 194R


This law was enacted via Budget / Finance Act 2022

Ready to Make Your Factory System-Driven?