inventory control

How to calculate Inventory Cost?   Below image gives an idea on the components that are required to arrive at the Finished Goods costing and also how to calculate the Inventory costing.  Here we are making an attempt to explain the inventory cost and how its calculated etc?   Recently we spoke few Customers, who are worried […]

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What is ERP Integration?   ERP Integration– The ERP system integrates varied organisational systems and facilitates error-free transactions and production, thereby enhancing the organisation’s efficiency. As the Business grows Business Owners move into Online to Offline business model. This is due to competition, large value to their customers or better business margins. When the business was […]

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Now a days every business owners are aware of free software solutions and its probable business solutions. They use Gmail, Facebook, WhatsApp etc. and they don’t know its on CLOUD and but they see the benefits. Many are looking for Cloud ERP Solutions for their Small Business. Some are looking for cloud based ERP Solutions for […]

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What is Value Added Tax or VAT?   Value Added Tax (VAT) is a Sales Tax collected by the Government of the state where the goods or services is bought by the consumer. It is a tax on the final consumption of goods or services which is borne by the end user or the consumer. […]

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