The purpose of an inventory management system is to track the warehouse items through purchase, sales, locate them across one or many warehouses, and price the inventory so you are familiar with the value of items you have in inventory for accounting purposes.
Small-business owners face several problems when they are just starting up, such as securing financing, finding customers and managing inventory. As small businesses grow they think they have to leave their accounting solution in favor of a more expensive solution to take their business to the next level. Fortunately, Singapore Accounting Software offers best inventory solution for the small businesses. It is an inexpensive and cloud inventory management system that’s flexible and will grow with you. It offers inventory system in the form of EZ inventory and Sage_Ubs Inventory Software.
Integrating Sage_Ubs Inventory Software with Sage_Ubs Accounting Software helps in:
- Sales and purchase invoices figures are link to its accounting software
- Viewing of accounts Expenses VS Sales is available after posting of inventory software data to its accounting module
- Printing of statement of accounts is available once sales billing is posted to its accounting module.
The main functionality of these softwares absolutely about your inventory levels, but this kind of software also tracks sales, purchase orders and deliveries. However, any business bigger than that will want the asset identification, order tracking, and supply chain optimization capabilities that a good inventory management system delivers.
Features of EZ Inventory Software:
- Allocation/ Transfer of stocks of different locations
- Costing of stocks
- Salesman stocks and Serial number stocks reporting
- Stock card and Stock adjustment
- Item listing valuation
- Billing of invoice and purchase and other billing
- Batch expiry stocks functions
Features of Sage_Ubs Inventory Software:
- Multi-location stocks reporting
- Salesman, Stock balance and Bill of material reporting
- Items assembly function and stock adjustment
- Location transfer
- Consignment function for stocks control
- Issue billing such as invoices, debit note and many more
- Customer database update
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