What is Just-in-Time Inventory?
Inventory Management requires a lot of planning to effectively function without any bottlenecks. Just-in-time inventory management is crucial to increase efficiency and lower inventory costs
Jayash Jain
Time Entry and Reporting
Time entry and reporting is to record the cost of labor utilized for a Project Task such as Project management, drafting, control engineering, etc. Time
Quick Entry Mode in Sage 300
According to the Minimum Wages Act 1948, it’s mandatory for corporate employees to work for 9 hours a day, and out of every department it
Invoice vs Receipt : Key Differences You Need to Know
Businesses involve lots of receipts and invoices. Both documents are used to record sales that aid in keeping track of every transaction of the business.
What is an Invoice Number ?
Business owners have to face challenges when operating a business. The biggest hurdle is to get paid on time. This can be achieved by having
What is Inventory Turnover Ratio? | Definition, Formula And Examples
What is Inventory Turnover Ratio? The Inventory Turnover Ratio is an important metric used in inventory management that measures the number of times a company
What is Inventory Cycle Count?
Audits are crucial for inventory that runs efficiently. Ensuring the physical inventory to match the recorded data is crucial for maintaining accurate information throughout the
Difference between Customer Transaction and AR Trial Balance
In the 21st century where India is the fifth largest economy, our service industry is at boost it becomes the responsibility of the management to
How to solve ‘License could not be found’ error in Sage 300
In Sage 300, when installing the workstation at the client end, we may run into a number of various problems with the desktop version, one
What is Income Statement ?
Managing the financial segment of the business is a tedious task. A company maintains three types of financial reports or statements that brief the overall