What Nextgen AIS can do for Trading/ Goods Buying & Selling Entities

In Addition to Full Procurement to Pay Process , Invoice to Receipt Cycles , MIS , Forecasting and other Features For Trading Entities , Nextgen AIS Gives better Grip on Costs , Stock , Quality

  • Nextgen AIS Auto Recognises Cost of Goods Sold.
  • Once you raise Sale Invoice , System auto calculates “Cost” for the Item sold and passes Entry for ‘Cost of Goods Sold’ to Profit & Loss.

  • There by Profit & Loss immediately shows both Revenue and Corresponding Cost as well.

  • Reports are available to show , By each Sale Invoice wise , If you made Proft or Loss. So that you can correct your Price lists and Improve Gross Margins.

  • AIS Can generate Productwise Profit & Loss , Trail balance , Stock and Other Reports

Quality Control & Stock Control

  • For Purchases , While doing Material entry Quality testing be done and results captured to Material receipt ,With this your Stock be assured of Good quality.

  • Stock register Not only gives Stock Value ,Quantity Also gives Manufacturing date , Expiry date ,Lot Number , Batch , Barcode , Qrcode ,Warranty etc Demographies.

  • Comes with Default “Store Management” , you can active “Gatepass Management” and “Bin Mechanism” (Like Wharehouse management)

  • If you activate “Bin Mechanism” , you can even have more control on Stock Locaiton and Position.