The Role of Journal Entries in Accounting
What is a Journal Entry in Accounting? Journal entry in accounting is the process of documenting financial transactions in the journals, as the first record
Category: Business Management
10 types of BOM and why they matter?
What is Bill of Material BoM? A Bill of material is a detailed list of assemblies, components, and raw materials needed to make a product.
Top inventory management techniques SMEs must follow
Summary: Inventory management techniques is one of the most important factors of supply chain management. It is the process of tracking stock standards as well
3 Golden Rules of Accounting : Types and Examples
A company tracks its financial transactions by following three golden rules of accounting. They help review, summarize, and report financial transactions to tax collecting authorities,
Efficient Supply Planning in the Chemical Industry
Summary: Supply chain functions in the chemical industry optimize warehouse, freight, distribution, and warehouse operations to run their everyday activities. As a result, challenges don’t
How to better manage Inventory in the Food Production Industry?
Summary: The food production industry is going through a challenging phase. Certain parts of the world are seeing spikes in food demand, while others are
Sage 300cloud for Manpower Outsourcing Industry
Nowadays the rapid growth of industrialization has led to growing a demand for skilled and equipped employees to manage personal functions and organizational tasks of
Top 7 ways to measure your Business Efficiency
Summary: Ensuring high business efficiency requires an interplay of diverse forces. For example, procuring raw materials at a minimum price, understanding changing market conditions and
How to increase description length of product supplier customer master and misc. entry.
ABSTRACT: Many of ERP have failed to how to increase the length of the description. This we can solve by the use of data types
What is E-way Bill in Sage X3?
EWay Bill is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport