inventory control

What is 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 about […]

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What is ERP Integration? What is ERP Integration and how it helps business?– The ERP system integrates with 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 […]

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Why Cloud ERP Solutions is important for Business? 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 […]

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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. VAT […]

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Balance Stock – Recently we met a prospect, who is into manufacturing of OEM items.  He was looking for an ERP solution on could that helps him to streamline his process. This is a 40+ yrs old company and at one stage enjoyed a profit margin of 25%. A discussion with company’s Director explained the […]

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