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Introduction
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Inventory software is a specialized computer program used in business and warehouse operations with the primary purpose of helping a business keep track of the quantity, status, and location of stock inventory. Businesses must keep proper track of their inventory in order to ensure customer satisfaction and to keep track of expenditures and gains. Inventory can include a wide variety of merchandise, tools, library books, equipment, fixed assets, or consumables.
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The ability to immediately identify goods with inventory software also helps ensure the proper fulfillment of sales orders. By streamlining the role of employees, inventory software makes the entire process of shipping goods to customers quicker and more efficient.
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Our inventory software are designed for any business that desires a complete control over stock levels and inventory tracking. This inventory software can be used either as a simple inventory control system or a complete manufacturing solution. This software is a complete web based inventory management system that performs the functions of Purchases, Sales and payments.
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* Purchase
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In business terms inventory which is meant for sale or meant for consumption in the manufacturing process .This guarantee professional and secure order transactions
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* Purchase Return
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This on account of a number of reasons like defects in goods, quality not matching the requirement for which the buyer purchased it, the buyer not needing the stock, etc. This happens both in case of goods purchased as well as goods sold by the organization.
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* Sales
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An instance of selling of goods or services for an amount of money or its equivalent; It is the availability for purchase
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* Sales Return
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Where the goods sold are being returned once for all. The transactions of return of goods are also accounting transactions and have to be recorded in the books of accounts just like any other accounting transaction.
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* Stock
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The list of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.
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* Reports
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An account or statement describing in detail an event, situation, or usually as the result of observation, inquiry, etc. . This can be daily, weekly, monthly, yearly etc.
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* Re-Order
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Cancellation of one and ordering for the another from a company or a firm or an industry, due to their or our negligence or add more items to the previous order. All re-orders shall be treated as an extension to the main contract.
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