This online accounting software assists users in optimising tasks and processes related to inventory management. It greatly increases the efficiency of the operation & saves time. Most importantly, optimally managed inventory leads to better cash flow management for small businesses.

This software gives the latest position of items in stock. It enables users to track their slow and fast-moving items, view product-wise stock, values, profits, & losses. The software maintains Items Register for the stock in inventory.

This register gives detailed information on items purchased, quantity, invoice number, items sold, & quantity. The access to the lastest inventory data enables users in taking data-driven purchasing decisions and avoid overstocking or understocking of items.

The software maintains a accounts receivable ledger & simplifies the tracking of outstanding invoices and customer lagging behind in their payments. The ledger gives the invoice number, date, and amount.

The software provides users with an at-a-glance Accounts Receivable chart based on real-time data in the Dashboard. It also helps users in preparing accounts receivable ageing report instantly.

The user can use this report to close outstanding invoices. They can email a late payment reminder to a customer who has missed the due date. This increases the disposable income in their hands and enables them to plan for the future.

The businesses have to process multi-format Purchase Order (PO) invoices sent by the suppliers. Then again, the processing of treatment of purchase orders and non-purchase orders invoices differs. It is a time-consuming task needing a vast amount of resources.

Online accounting software assists them in automating the processing of PO invoices. Digitisation of these invoices updates their information-related to financial transactions of the business. The software processes it to generate accounts payable reports instantly.

The users can go through this report to know the impending due dates of the payments. This allows them to pay their bills within the due dates and avoid late fees or charges. It helps in maintaining a cordial and professional relationship with the vendors. The software also provides an at-a-glance accounts payable chart based on real-time data in the Dashboard.

The accurate financial statements and management reports give managerial staff deep insight into the financial health of the business. This software enables the user to generate financial statements like trial balance, balance sheet, profit and loss statements.

The software generates ageing accounts payable and receivable reports to give the user an understanding of the business’ cash flow. The latest info on business dues and outstanding give them a sound basis to make effective business decisions.

The software also prepares statutory (summarised and detailed) reports like GST accrual, GST cash, and GST return. It also prepares items register, reconciliation report, purchase/sales list, multi-period and profit/loss reports. Reports like currency list, exchange gain/loss, and budget analysis Profit/loss, and budget analysis balance sheet gives valuable info to managerial staff.