Classic Accounting System
Classic Accounting System, inventory covers all stock related functions of an organization. Stock management and valuation activities, which form the backbone of any organization generally, take a lot of time and resources. Classic Softech Accounting System handles all the store activities of issues, dispatches, receipts and quality control. The lot wise stock of each item is maintained and various MIS are provided for tracking stock movement. Classic Softech Accounting System is integrated with Sales, Purchase, Finance, Equipment Maintenance, Production Planning and Production.
Features:
- Online status of item quantity in terms of on-hand, on-hand, available, reserved, ordered, to order, rejected, defective and rework able quantities.
- Complete excise functionality and generation of excise registers.
- Up to 30 Character alphanumeric stock code.
- Multiple levels of classification of items.
- Excisable items – Definition and Chapter allocation.
- Multiple units of measurement.
- Handling of non-stock low value items like stationery.
- Lot wise tracking of inventory at shop floor and main stores.
- Stock Valuation – LIFO/FIFO/weighted average.
- Material Requisition from different requirement areas.
- Purchasing and subcontracting.
- Receiving material against sales order processing, material requirement, subcontracting, gate pass and production requisition.
- Landed Rate of Items.
- Quality Control based on QC parameters.
- Handling Material Rejections.
- Rejected Material dispatch to subcontractors.
- Linking of GRN to PO and Invoice.
- Gate pass – returnable/non returnable.
- Convent claim for capital goods.
- Analysis which help in maintaining optimum stock levels.
- Physical verification of stock.
- Reallocation of rework able stock.
- Multiple warehouses/branches/regional offices.
- Stock transfer – receipts from other warehouse.
- Consolidation of all warehouses.
- Consolidation at any level of company hierarchy.
