How to keep Backup of Soft Retail Accounting?
Our clients have had best backup experience with dropbox.com. Soft Retail Accounting is simple MS Access 2010 file. Just save this file in dropbox folder. The folder will itself manage backups of this file. Dropbox is free up to 2GB whereas Soft Retail Accounting blank file is almost 52 MB and there is long way […]
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 […]
Soft Retail Accounting is a POS System Also…!!!
Soft Retail Accounting is a unique Accounting Software. It is common to see certain POS systems that are integrated with in-house or any other established Accounting Software System. Soft Retail Accounting is unique Accounting Software which is a complete automated double entry book keeping system as well as Cost and Inventory Accounting System. Not only […]
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 […]
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 […]
Transfer of payment from one business bank account to other bank account
Soft Retail Accounting’s Cash Book entry form can handle as many bank accounts as you choose. But currently the feature of transfer of money from one bank account to other is not available in cash book entry form. For such a transfer, you need to make two separate entries in cash book. In first entry […]
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 […]