Many accounting packages can be automatically linked with a stock control module or separate stock control software. This can help streamline the stock-ordering process.As a result, you should be able to view the latest information on customer status and stocks whenever you need it.For instance, if you record a purchase of stock, the cost will be recorded and your stock level will be updated. As you enter details of sales, purchases and other transactions, the software will update your accounts automatically.Routine book-keeping is handled by the software Some packages offer electronic invoicing, where the invoice is transmitted to your customer's purchasing system for payment.Minimise waste, delays and cost by sending documents like invoices, statements and remittance notes via email where possible.For example, the software should check dates, customer numbers, VAT codes and other entries to ensure they're accurate. Use the software’s built-in checking capabilities to minimise data entry errors.Most packages will allow you to customise these for different customers and products, so that invoices can be completed automatically. Set details of VAT rates (and any VAT schemes you use), discounts and commissions. ![]()
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