Your guide to choosing As small and m ium-siz enterprises grow, how to effectively manage company accounts has become a top priority for every boss. The traditional Excel accounting method is not only time-consuming, but also prone to data confusion due to human error. Therefore, it is extremely important to choose an accounting. SaaS system (software as a service) suitable for the company to improve. Business efficiency. In order to help bosses and accountants manage company accounts more easily. Financial Reporting Cloud has recently revis and updat a series of functions. With accounting as the bottom layer of the system, the logic of business processes is appli to accounting, comprehensively improving the company’s accounting and operation management. Convenience.
Financial report cloud update function
1. Purchase, sale and inventory management (inventory management & order management)
Purchase, sale and inventory management is a key part of every company’s operations that cannot be ignor . Financial Reporting Cloud breaks down “purchase, sales and inventory” into “order management and inventory management” functions, allowing companies to understand the progress of orders in real time while mastering inventory status. Whether it is product purchase or sales shipment, it can be quickly track through the system to r uce losses caus by inaccurate inventory.
For detail operations, please
refer to the relevant instructions Inventory management , order management
Picture/order management page.
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2. Cost carry forward
In business operations, accurate cost carryover is the as a government employee sometimes key to ensuring correct financial statements, especially for the buying and selling and construction industries. Financial Reporting Cloud provides an automatic cost carryforward function that powder data can quickly calculate the actual cost of a product and accurately reflect the data on financial statements, r ucing the risk of manual calculation errors.
For detail operations, please refer to the relevant instructions Cost carry forward