Posts Tagged ‘erp’

Quantitative Analysis Reports in Deskera Open Source Accounting

Monday, December 17th, 2012

All important financial computations are available ready-to-use in Deskera Accounting. Quick Ratio, Current Ratio, Working capital, Cash-in-hand etc.

According to experts, the acid-test or quick ratio or liquid ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately.

Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A company with a Quick Ratio of less than 1 cannot currently pay back its current liabilities.

All these important reports are generated real time in Deskera Open Source Accounting.

The transactions in Deskera Accounting are “automatically posted” in to all the financial Ledgers, Reports and statements. The reports are thus created real time saving precious time.

To know more, please visit Deskera Open Source Accounting.

Deskera Accounting – February’12 Release

Saturday, February 25th, 2012

Deskera ERPWe are glad to share with you the latest release of Deskera Accounting. This new release was focused around the mantra of integration and adaptability.

We want our users to have complete control over their data and they should be able to choose how to use it. The new enhancements reflect this philosophy by now giving users more options to choose how they want to manage their data. e.g. export options made available for various reports and accounting statements like:

  • Cash Flow Statement
  • Sales by Item Summary
  • Sales by Item Report
  • Cost Center Summary Report
  • Purchase Tax Report
  • Sales Tax Report

All the above can now be exported to PDF or CSV formats or you could print them directly from the application.

In addition to the above, we have added:

  • Bank and Cash Payment Functionality for fixed assets
  • Functionality for direct removal of assets from business

To know more, please visit Deskera.

Advantages of Purchase Management Software…

Saturday, October 15th, 2011

Deskera ERPA purchase management software can bring numerous benefits. Let us take a look at the three most beneficial outcomes of deploying a purchase management software.

Speeds Up the Purchasing Process
Say there is a regular requirement of certain products, like stationary. Once an entry is made, it could be cycled by the purchase management software without the need for a user to recreate them. Hence recurring purchases could be handled with minimal human interaction.

Eliminate Confusion
How often does it happen that “X” places an order, but then has to go on leave? In “X”’s absence, “Y” takes over, but doesn’t know where the PO is filed, and everything leads to confusion, causing a drain on resources and time. Such situations can be easily avoided if everyone uses a centralized system where all relevant data is available to everyone. Chances of duplication of orders would be next to nothing.  The system could be integrated with other accounting systems, eliminating further confusion. Consequently, with appropriate role based access, and system integration, a central system like the purchase management software would lead to increased efficiency.

Provide Meaningful Insights
A purchase management system that tracks all relevant data could provide relevant reports and meaningful insights. It could be used for supplier comparisons, or monitoring the health of the supply chain. Such insights can be invaluable and lead to direct cost savings.

As one can observe, all the above would lead to significant cost savings, improve efficiency and create a robust, people independent system. Deskera ERP provides powerful purchase management capabilities which are further integrated with the entire accounting flow. This creates seamless information flow between different departments, enhancing the efficiency by an order of magnitude.

Please visit Deskera ERP to learn more.

You may also want to visit Deskera and sign up for a free demo to experience the Deskera advantage.

Click on the link below to view a small presentation which demonstrates the relative ease with which anyone can use Deskera ERP for purchase management.

Deskera ERP – Purchase Management

Deskera Accounting – August Release

Saturday, August 27th, 2011

Deskera ERPThere have been quite a few enhancements in Deskera Apps, with new features being added to CRM, eClaims and Accounting in August. Let us take a quick look at the new features added to Deskera Accounting.

  • Balance sheets could be exported into .csv and supported excel formats
  • Service Type in Product Management is now a countable entity
  • Service Type in Invoices and Orders can be now edited and the rate declared by the users
  • Fixed Asset Write-off functionality added
  • Fixed Asset Sale functionality added
  • Cash-flow Statement Report for Operating and Investing activities added

Please let us know your feedback on the latest enhancements.

To know more about us, please visit Deskera.

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