In Addition to Full Procurment to Pay Process , Invoice to Receipt Cycles , MIS , Forecasting and other Features For Manufacturers , Nextgen AIS Gives better Grip on Costs , Stock , Quality and Manufacturing
Nextgen AIS does realtime Inventory valuation of Finished Goods , WIP (Work in Progress) , Scrap , By Products etc.
Systems designed to ensure that your Inventory is Valued at Right Price.
In line with Accounting Principles , Nextgen AIS helps your Costs get obsorbed in Stock.
Automatically calculates and Recognizes “Cost of Goods Consumed” accounting entries on Good Consumption.
Automatically calculates and Recognizes “Cost of Goods Manufactured” accounting entries and does Valuation.
On Raising Sale Invoice , Automatically calculates and Recognizes “Cost of Goods Sold” and Show Profit/Loss Made by comparing Selling Price Vs Cost (Either Purchase Cost or Manufactured Cost).
Qualtity Control
For Purchases , in AIS you can capture ‘Quality test results’ along with Stock Demographies , which is tied to Stock and can be retreived any point of Time.
Similarly you can capture ‘Quality Test Results’ of Goods Manufactured or Items being Put for Manufacture.
With this You be sure of Quality of Purchases , Items being used in Manufacture or Goods Manufactured.
Stock Control
Stock register Not only gives Stock Value ,Quantity Also gives Manufacturing date , Expiry date ,Lot Number , Batch , Barcode , Qrcode ,
Warranty etc Demographies.
If you activate “Bin Mechanism” , you can even have more control on Stock Locaiton and Position.
Productwise Profitability Reports
AIS Can generate Productwise Profit & Loss , Trail balance , Stock and Other Reports
On Sale AIS Automatically calculated ‘Profit or Loss’ made by Comparing Sale Value with Cost , thereby you can Adjust Pricelist and Take Corrective action.