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 […]
Diligence is definitely required for the implementation of system:
No system can be implemented with casual approach. Business owner must pay attention to working of the system just like a regular duty — and only then system will be beneficial for the business. System is tool for doing business. For tightening nut bolts, tools are needed — So for doing business, system is also […]
Where to record various types of Transaction?
Major Brands of Accounting Software in market record transactions in different modules such as (i) Vendor process module, (ii) Customer Process module, (iii) GL module etc. Let us state that this method is neither supported by theoretical accounting, nor it is a simple process. But this method did introduce the integration of Financial Accounting and […]
Get LIFO and Weighted Average Costing at the same time:
While other world famous (commonly known as most powerful) accounting software requires you, at setup stage, to choose one of three costing methods i.e. (i) LIFO, (ii) FIFO and (iii) Weighted Average. You will choose only one of these methods at the setup stage. Afterwards, you will get all the costing reports based only on […]
How to write Invoice No./Voucher No. in various Entry Forms:
Invoice Number in Sales Invoice Form is automatically generated and it is in sequence. When you press “New Invoice Button”, then all the columns on left pane area are automatically filled and cursor automatically goes to right table area in the “Item Code” column. In the Purchase Invoice, the Invoice No. and date columns are […]
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 […]
Soft Retail Accounting is more like a Management Accounting Software
Although Soft Retail Accounting gives you Financial Ledgers, Trial Balance and Final Accounts, It does not require you to setup “Accounting Period” or “Financial Period” etc. Soft Retail Accounting is not more concerned with yearly or other periodical official reporting, rather it focuses on day to day results, transaction by transaction results. And what is […]
Soft Retail Accounting
Soft Retail Accounting is a simple yet comprehensive Accounting Software Application that is suitable for small shops and trade businesses. This is MS Access (2010) based application and supports only the single user. So if you run small shop or trading business and alone look after all the affairs of business, this Accounting Software is […]