How Spoiled/Wasted trade items are treated in Soft Retail Accounting?
It is sale entry for that item with zero or reduced price. If item is completely spoiled and cannot be sold then make usual sale invoice entry right when item is spoiled or comes to notice. The listed price will come automatically. You will manually replace the price with 0. Furthermore, you will also manually […]
How an already running business can adopt Soft Retail Accounting?
Let’s say a Toys and Cosmetics Shop is already running. If business is to be shifted to Soft Retail Accounting on let’s say 25-05-2018, then we are in need to enter two things in system: Stock Positions as on 25-05-2018 and; Balance Sheet as on 25-05-2018. Let’s say following is the stock position as on […]
Soft Retail Accounting offers Perpetual Inventory System:
Soft Retail Accounting is a powerful Perpetual Inventory Tracking method. With every sale/purchase (and returns thereof) entry, updated position of every stock item is reflected automatically in every related report. With the power of running balance of every stock item as well as ledger account, tracking of inventory or ledger account at present as well […]
What if I do not make cash book entries?
Soft Retail Accounting is very flexible accounting application. If you make no cash book entry in cash book entry form … you will still get all the inventory reports in “Inventory/ Stocks Books” section. It means that you will still get gross profit against each and every sales entry (the entry you make in usual […]
Know which Item to Purchase and at what price
Soft Retail Accounting gives you the most direct method of ascertaining the purchase requirements of your retail business. It works in a simple way. At the time of defining your trade items in “Items and Prices Setup”, you mention “re-order level” and “target level” for each item. Let’s say for a particular item, the “target […]