UNLOCK THE FUTURE OF CLOUD ACCOUNTING WITH RETAILB
Most service and manufacturing businesses are moving towards a dedicated enterprise resource planning structure, which provides support for the majority of their business functions. However, Having an ERP software is not adequate. It's also important to keep up with what's going on in and around today's most popular technology, that is "ERP solution." Cloud based Erp has many advantages .It claims that the cloud is the enabler of solutions, and that cloud-based technology has the ability to integrate all operations into a single process. Some of them are;
1. SIMPLE GST COMPLIANCE
If you're like most small business owners, you want to make filing your GST returns as simple as possible. Try using GST-enabled accounting software to do this; it instantly applies GST to all of your invoices and allows you to easily pull essential financial records so you can file your return. Your accounting programme will also serve as a reminder to file your GST returns. Set up the programme by entering the due dates for your GST returns on a monthly, quarterly, and annual basis.
2. SAVE TIME WITH AUTOMATION
Most cloud-based accounting solutions let you create automatic workflows that save you time. For example, you can enter your vendor’s information into the system and set up a workflow that automatically pays that vendor on the due date each month. You can also automatically send recurring invoices to your customers once their information is entered into the system.
3. VIEW REAL-TIME DATA:
Cloud-based accounting software can help you monitor inventory, revenue, and expenditures by connecting to your business bank accounts. You know you're still getting real-time data if you keep it up-to-date on a daily basis.
4. ACCESS FINANCIAL DATA ANYWHERE
You can review your company's fiscal information from the office, your house, or even your mobile device if you use cloud-based accounting software.
5. EASY COLLABORATION
If you don't like putting together financial records for your accountant, cloud-based accounting software is a good option. Since the programme and all of your financial data are stored in the cloud, you can access it from anywhere, and you can give your accountant access so they can log in as required.
6. ACCURACY IS IMPROVED BY SOFTWARE.
You reduce the chance of costly accounting mistakes by keeping all of your financial records in one place and entering necessary data into the system on a regular basis.The majority of cloud accounting software is simple to use, Retailb allows you to enter expenses and income as required, and catogerises all of your transactions.This way, you can be confident that the information you're looking at is right any time you pull a report or check your finances. You don't need to know various accounting practices, formulas, or shortcuts when you use cloud-based accounting software instead of an Excel spreadsheet. Simply enter your income and spending details on a regular basis to get reliable reports.
7. NO INSTALLATION REQUIRED
You don't have to buy and install a programme on your device because cloud-based software is hosted online. In Retailb all you want is an active internet connection.
To know more about Retailb :
1.How to setup a new company in Retailb:https://youtu.be/5f63t_LEP6Y
2. Software configuration in Retailb:https://youtu.be/DoiqRda50-Q
3.How to import stock data in Retailb:https://youtu.be/vsFBim6_kow
4. How to create stock master in Retailb:https://youtu.be/bDZW3AgNdd0
5.How to import accounts data in Retailb: https://youtu.be/JOptUAiTXfU