SQL Accounting is the cornerstone of any ERP implementation. Businesses can get accurate financial information to understand what is being bought, when it was purchased, and, more importantly, how they can improve their efficiency. The powerful features of SQL accounting make it an ideal choice for many organizations. SQL accounting will bring benefits to businesses that depend on SQL databases to facilitate secure, flexible and efficient interactions with vendors and customers. The following benefits of using an accounting program like SQL accounting are just a few of the reasons why organizations choose this type of database for their ERP system. Learn more about the capabilities of SQL accounting today.
SQL Accounting Software is a very popular option for business owners because it offers real-time reporting. Get things done much faster by having real time reporting that gives you information on sales, inventories, and personnel movements at any point of time. Streaming data also reduces network transaction drops that could impact your bottom line. Store virtually limitless years of historical data for better overall decision-making with integrated Open Source solution and real time reporting. Data mining – the ability to automatically obtain information that is needed for analysis – is also available with all SQL based solutions.
An accounting program such as SQL accounting can help you track inventory levels and improve your inventory management. To view inventory levels and track statuses of pending orders, you can create reports or use functions such as sales order tracking. Flexibility in the data model and reporting abilities will allow you to manage your inventory more accurately and at a lower cost. Integration with other software systems allows for greater portability and compatibility. When data is properly archived and linked, you can run your reports from multiple computers.
The general ledger is the most important financial document in your business. It contains information about all financial transactions made by your company for the year. General Ledger also includes statements about the balances held by your company in accounts payable and receivable, gross income, and loss, and inventory. This is what you use to determine the net worth of your company or cash in hand. General ledger software allows you direct access to data within the General Ledger using Data Mart modules. You can also install third-party accounting applications that support SQL database support. For more convenience, there are various modules that you can use in SQL accounting software that allow users to create reports and to make general ledger transactions.
Advanced Features Real time posting – With this feature, you can post orders immediately to customers and not wait for them to arrive the next day. Incoming payments are immediately deposited into your bank account. Posting can be either through internet banking or through mobile devices. You can easily integrate these features with the rest of the sql accounting core modules for an incredible experience.
Small and medium-sized companies need to manage inventory. With this feature, it becomes much easier to manage inventory, products, and goods as they move across the sales floor. Inventory management gives you complete control over your stock, including sales floor stock, broken items, excess, and excess quantity. You can track the status of your stock and adjust your inventory management process to make it more efficient. The advanced inventory management features also enable you to enter order information and make sales and returns, quickly and easily.
Sales module – With sales module you can easily determine the cost of products as they are bought and sold by your customers. To determine the price history, you can input sales amount, purchase date, and price history. This function will allow you to give accurate and near-real time quotations. This feature is ideal for companies that ship products over the internet or that receive many different orders from different customers.
Module Invoice – The Invoice module is a module that allows you to see your invoice history. Each product/item that is in your inventory management can be customized. You can view the bill summary, number, date, and other information related to invoices. The Invoice module in your sql server is a valuable tool for your company’s invoicing needs.