Customer success story

Customers turn to AC to get its contribution to their success

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Industry
Logistics and delivery services
Location
Baghdad, Iraq
Goals
Track, Deliver, and Bookkeeping
Type
B2B

It's difficult to imagine life pre-technology, before the web so closely threaded together individuals around the world.

An ERP system is designed for high volume distribution, logistics, and accounting, making it a comprehensive solution for managing all aspects of a delivery business.

It features ledgers for drivers, merchants, and the delivery company, providing a centralized location for all relevant financial information. The driver ledger allows for tracking the income and expenses of individual drivers, enabling the delivery company to accurately manage their finances. The merchant ledger provides a record of transactions between the delivery company and its merchants, allowing for accurate accounting and payment tracking.

In addition, the system includes a centralized logistics management system that helps to streamline the entire delivery process. From tracking shipments to managing inventory and delivery schedules, the logistics module provides a complete solution for managing the day-to-day operations of a delivery business.

Overall, this ERP system is designed to increase efficiency and accuracy, while providing valuable insights into the financial and operational health of the delivery company.

Automatic accounting for inventory processes refers to the use of technology such as software, barcode systems, and other tools to automate the process of recording and tracking inventory transactions. This helps to streamline the process, reduce manual labor, and minimize the risk of errors.

The following are the steps involved in the automatic accounting for inventory processes:

  1. Item Master Maintenance: Item master records are created and maintained in the software which includes the description of the product, unit of measure, cost, and other relevant information.

  2. Barcode scanning: Barcode scanning is used to record transactions quickly and accurately. Products are assigned unique barcodes and scanned at each stage of the process, such as receiving, shipping, and transferring.

  3. Inventory transactions: Inventory transactions such as receiving, shipping, transferring, adjusting, and counting are automatically recorded in the software. This eliminates the need for manual data entry and reduces the risk of errors.

  4. Real-time inventory tracking: The software tracks inventory in real-time, providing accurate and up-to-date information about the quantity and location of each item.

  5. Automated reports: The software generates various reports such as inventory reports, purchase reports, sales reports, and so on, which help in decision-making and reducing manual effort.

  6. Inventory management: The software provides various inventory management features such as reordering, cycle counting, and forecasting, which helps to optimize inventory levels and reduce stockouts.

Overall, automatic accounting for inventory processes helps businesses to efficiently manage their inventory, reduce manual labor, and minimize errors. It provides real-time information to make informed decisions and helps to improve the overall efficiency of the inventory management process.

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“ I just wanted to say that I'm very happy with my work with TwoAbstracts so far. The support is outstanding - clear and detailed. ”

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