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Bangalore- 560100, India
Automation
In Nextgen AIS we have Automated many tasks , Combining Reports with Inbuilt Information systems Shows Path to Improve your Organization in terms of Gross Margins , Gives Grip on Net Margins etc…
- Automatic Expense accruals (Based on Purchase orders issued).
- Unbilled Revenue recognition based on Timesheets.
- Automatic ‘Recognition’and subsequent Amortization of ‘Prepaids’,’Deferred Revenue’,’Deferred Expenditure’.
- Realtime Valuation of Inventories like Finished Goods , Raw Materials , Wip , Scrap , By Products etc
- Auto Calculation and Entries Recording for “Cost of Goods Consumed” in Manufactrure Process.
- Auto Calculation and Entries Recording for “Cost of Goods Manufactured ” in Manufactrure Process.
- Auto Calculation and Entries Recording for “Cost of Sales ” , On Raising Sale Invoice ,System automatically does Cost of Sales and in P&L You can see if you are making Loss or Profit. Reports also show , On Which Sale You Made Profit or Loss , So that you can correct your Price list/ Discount Mechanisms. If you correct these , it will boost your Gross Margins.
- Auto Calculation and Entries Recording for “Cost of Services” , Based on Timesheets for Service Entities. You can analyze if your billing Covers your Cost or Not and there by you can take Corrective Action.
