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Bangalore- 560100, India
NextGen AIS – For Manufacturing & Trading Businesses
Manufacturing businesses need more than Basic accounting. NextGen AIS helps you with Grip on costs,Stock quality, Manufacturing Process , Automated Entries , Realtime Inventory Valuation etc
- Automated Calcuation and Accounting Entries of 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).
How AIS Helps in 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. This is Like Wharehouse Management.
End‑to‑End Procurement to Pay (P2P)
Ais Do have full Vendor Procurmene to Pay (P2p) Process , in AIS
- Issue Purchase Orders with all Items , Rate , Expected Delivery Date and Other Promises. On Receipt AIS Check for Deviations etc.
- Gate Pass Handling , Material Store receipt & Store Handling.
- While Receiving Store no only Capture Item Demographies like Manufacturing Date , Expirty Date , Batch etc. Can do “Quality Testin” and can capture Test Results along with “Material Receipt”.
- Vendor Invoice accounting till Bulk Vendor Payment full process flow.
- Reports like Vendors Aging , Creditor Ledger Report (With Open Invoices , or Total Movement etc) , Taxes and GST Report.
End‑to‑End Sale Quotation to Receipt Process
- Management Decides Pricing & Various Discount Mechanism and captured under “Price Lists” and “Discount Options”.
- Sales On Ground can use Pricelist & Discount Mechanism and Try to close Deals Quickly.
- Quaotions along with Committed Promises be Captured not only Rate , Quanity , Delivery date and More and Tag a “Store” to Deliver the Item with Target Dispatch & Delivery Dates.
- Items can be Manufactured or Can be Procured and Be dispatched by Store.
- For Indian Entities “E-Invoicing” option available while Raising Sale Invooices and “E-way bill” generation option avaialble along with “Materi Dispatch”.
- Finally Customer Receipt Entry , AIS Can also do “Auto Debtor Followup” based on Predefined Rules.
- Reports like Debtors Aging , Debtor Ledger Report (With Open Invoices , or Total Movement etc) , Taxes and GST Report.
