Credits have been the integral component of business since the history of mankind. A business in this modern scenario cannot work without the system and balance of credits and outstandings. With the increase in flow-chain of businesses these days, the management of credits has become quite complex. Outstanding in business terminology means the amount due […]
Tag: Accounting Software
How to do Sales Analysis?
How much has the business sold to it’s customer in the last week? Which commodity has been the best seller? How much sales was done last weekend? Which brand has been the favorite of customers? Which store has performed most sales? The answer to all these questions can be found by a simple process called […]
Why do we need to Share our Invoices?
Invoices as we all know are a sort of contractual document concerned with the transaction of goods/services in lieu of an asset, particularly saying cash or money. So the whole idea of performing a sales transaction is creating the invoice and then sharing it with the buyer to make him/her aware of the intensions and […]
Manage Pending Sale Invoices and Collect Payments
In usual retail business such as general stores, shoe stores, electronic shops dealing directly with the customers buying and selling commodities on credit is not a very common thing. Although, when dealing with mass buyers such as other subsequent businesses buying and selling on credit is pretty normal and quite few times is a necessity. […]