Electrical & electronics retailer is broad line business. Large number of electrical & electronic products are traded across the counter like tubes, bulbs, switches, plugs, buttons, fans, motors, door bell, door security camera, battery cell, troche, mobile phones, Smartphones, tabs, wire, fuses, electrical or electronic meter, home appliances, office appliances, mosquito or fly ripples, street lights, street lamps, street electric polls and many more products. Sales counter is the most busiest and crowded area where end customers, suppliers, company representatives, material delivery staff and payment collection staff visit daily. Each one of them ask for something or demand something. In turn keeping the sales counter clean, neat, pleasant and ready to serve is the need of business. Acme’s Insight software offers number of features and those are:-
- Create, save and print 10 bills at a time
Generating computerized sales bill is the most important aspect of business. Computerized sales bill generates excellent & accurate business intelligence about the business. Companies in US and in Europe realized this aspect long back and in turn business owners in US and in Europe issue sales bill to every customer for every transaction. In India, business owners are yet to accept and yet to understand importance of computerized sales bill. Acme’s Insight software generates 10 sales bills a time allowing business owner (or staff) to handle multiple customer needs in shortest period of time.
- Number of items to be printed in one sales bill
Acme’s Insight software allows business owner to decide number of products to be incorporated in one sales bill. This feature is available in the form of settings.
- Set default memo type In sales bill
Acme’s Insight software allows business owner to define & to decide default sales bill memo type. It could be cash, credit card, credit or combination of all.
- Cashier module
This feature is useful to business where more staff is handling counter sales and cash too.
- Flash message for product and credit customer
Acme’s Insight software display flash message on computer monitor while generating sales bill. Flash message will be displayed for product reaching minimum stocking level. Flash message will also display when credit customer is wanting to buy more products on credit terms. This feature is available in the form of settings.
- Use Itemcode, Item name, Barcode, Customer code and customer name while creating sales bill
Acme’s Insight software allows business owner to generate sales bill using 3 different methodology while selecting the product for selling. Item name, item code or barcode label with barcode gun. Same methodology is also used for selecting customer code or customer name while preparing credit bill.
- Alert on Sales Bill UI (User interface) for shortage of products
Acme’s Insight software alert billing user for shortage of products asked by the customer.
- Show items in sales bill rack wise
This function helps billing staff to print sales bill location wise. Delivery staff can use printed bill to remove stock from respective racks for actual delivery.
- Take Different Series According To Memo Type In Sales Bill
Acme’s Insight software allows business owner to decide and to use different series type for sales bill. For cash sales or for credit card sales different series can be used. And for credit customers, different series can be used.
- Lock sales rate
Acme’s Insight software offers this feature to lock sales rate when sales bill is prepared.
- Select salesman name or salesman code in sales bill
Incase business owner is offering incentives to sales staff! Acme’s Insight software incorporate salesman name or code in sales bill generation.
- Save and Print Bill Immediately After Entry
This feature in the form of settings allows billing user to save & to print bill instantly or only to save the bill without printing.
- Rounding sales bill and its method
This feature allows business owner (or staff) to decide how rounding to be done for the final sales bill and the method to be used for rounding. Formula function is available for this feature. This feature is available via settings.
- Enter cash received from farmer
This feature allows sales bill user to enter cash received from farmer. Billing software capture the total sales bill amount, cash received from farmer and exchange cash returned to the farmer.
- Multiple taxing
Acme’s Insight handles multiple tax rates in single sales bill namely 5% or 5.5% VAT, 12% or 14% VAT and CST. Acme’s Insight software allows billing user to bill various types of taxing products in one sales bill. Billing user can also define whether tax to be shown in sales bill or not and sales rate to be shown inclusive of tax. Whatever process is followed by the business owner, Acme’s Insight will configure billing module accordingly.
- Multiple payment collection
Acme’s Insight allows automobile business owner to collect multiple payment collection for single sales bill namely cash, credit card and cheque.
- Sales return / exchange in same sales bill
Sales return or exchange is unavoidable attribute of business. Acme’s Insight offers sales return in same sales bill and/or sales return by separate document. Business owner can decide the process.
Stock and inventory
Business generates great profits when business works smoothly, seamlessly, smartly and that too when saleable stock is available to bill it to end customer. So entering stock, entering every supplier bill, updating stock, monitoring stock, tracking stock, entering every sales return and purchase return, etc. are the key task in hand for the business owner. Acme’s Insight software offers useful features and those are:-
- Import computerized purchase bill
Entering purchase bill consumes huge time. Many times mistakes & errors also happens while entering purchase bill details. To save time, efforts, avoiding mistakes & errors, Acme’s Insight software allows business owner to import supplier’s bill generated using computer. Please contact Acme’s office or Acme’s partner’s office for more details.
- Inward stock with bill or with delivery challan
Using this feature business owner can enter item master records using supplier’s bill or using delivery challan.
- Enter product category wise
Acme’s Insight software maintain product data category wise.
- Validate purchase price and sale price while entering stock
Acme’s Insight software allows business owner to validate purchase rate and sale rate while entering product data. This feature empower & educate business owner to validate accuracy of price factor that is utmost important to the business.
- Multiple stocking locations (racks) within business premises
Acme’s Insight software maintain stock data information rack wise. Business owners are requested to use this function inclusively.
- Minimum order level quantity and reordering quantity
While entering product data, business owner can enter minimum order level quantity and reordering quantity for fast selling products. This feature helps business owner while reordering products from supplier. Display alert function is also available where by business owner is alerted as soon as stock level reaches to minimum quantity level. Automatic reordering feature is also available in Acme’s Insight if activated by business owner.
- Formula function for Item Master Entry
This feature is available in the form of formula. Once the formula is set by business owner! Sale price of each item can be automatically calculated by Acme’s Insight when purchase rates are entered.
- Add multiple attributes or properties to each item
Acme’s Insight software is completely driven by stock data. Acme’s Insight software allows business owner to add multiple attributes or properties for each item.
- Maintaining stock in multiple units and in multiple packs
This feature allows business owner to maintain stock in multiple units and in multiple packs. e.g. Plugs, switches, bulbs, tubes, etc. can be purchased in boxes and sold in pieces. Wires can be bought in bundles but sold in pieces or in meters.
- Auto calculate rates while entering purchase bill
This feature allows Acme’s Insight to calculate purchase rate, sales rate and MRP rate when stock is entered. This feature allows business owner to define the formula for purchase rate, sales rate and MRP. This feature is available in the form of settings.
- Define default rates and user definable rates
Both these options are available in the form of settings. Setting default rates for customers can help sales billing user to create quick sales bill. User definable rates helps sales billing user to type different rates for special customers who are buying consistently and buying in bulk.
- Lock sales rates in sales bill
This function is available in the form of settings. This function helps business owner not to allow billing users to play (to change or to modify) with sales rates. This function is utmost important where business owner is having more than one billing counter.
- To check margin after entry of purchase bill
Acme’s Insight software allows business owner to check margin on every item for the entered purchase bill.
- Getting skill or unskilled, low cost & low overheads staff for business is becoming difficult
Now-a-days getting skill or unskilled, low cost & low overheads staff for business is becoming difficult day by day. Product with barcode label helps business owner (or staff) to raise the sales bill within less time.
- Acme offers barcode software module as an option working tightly with Acme’s Insight software.
Acme offers barcode software module as an option working tightly with Acme’s Insight software. Using this software module, business owner can use company owned barcode labels for sales billing purpose. Business owner can also design, create & print own barcode label.
CRM means customer relationship management. Now-a-days (in the era of Mobile phones, Smartphone, Web sites, Web Portals, Internet, TV, etc.) CRM has become an utmost important activity for every business owner since competition is increasing beyond imagination, thinking and speed. Acme’s Insight software offers CRM activities for various PR (public relation) works to be done with actual customers.
- Send transactional messages on mobile phone via text message
Using this function business owner can send text messages on customer mobile phones as soon as sales bill is generated.
- Send personal greeting messages
Using this function, Acme’s Insight can send personal greeting messages for the entire customer database. e.g. Happy Birthday, Happy Wedding Anniversary, etc.
- Mailing list and mailing label
Acme’s Insight generates mailing list of all customers. This list helps business owner in case business owner wants to inform customers about new products, new scheme, etc. Acme’s Insight also generate printing labels from this database. These labels can be used for sending greeting cards, festival wishes, scheme, etc.
Accounting is an integral part of every business. Acme’s Insight offers complete accounting on click of mouse button. Read below about various features that are available under Accounting feature group namely:-
- VAT accounting
Every month, every business owner is forced to submit VAT report to respective government. VAT accounting is an important business task. Acme’s Insight software handles this part very systematically. When supplier’s bills are entered in to Acme’s Insight, VAT paid on purchase bills is automatically added in to VAT paid register. When sales bill is printed, VAT collected from customers is automatically added in to VAT collection register. When damaged products are returned to stockiest or to distributor or to wholesaler using purchase return document, Difference of VAT is automatically calculated by Acme’s Insight and posted in to VAT register for purchase return. Whenever customer return damage or defective product, Acme’s Insight automatically calculates VAT on sales return and posts it in to VAT register on sales return.
- Bank reconciliation
Bank reconciliation is one of the most tedious tasks for every business owner. Acme’s Insight software offers a feature by which bank reconciliation happens in lesser time. Kindly contact Acme’s office or Acme’s partners office to see how this feature helps business owner and save owners time.
- Interest calculation
In business, stockiest or wholesaler or distributor charge interest when bills are not paid in time. Acme’s Insight calculates the interest charged. Many business owner keep FD’s with banks. Bank gives them interest. Interest received from the bank can be rechecked by business owner using this feature available in Acme’s Insight.
- View and print Balance Sheet, Profit & Loss and Trial Balance
Balance Sheet, Profit & Loss, Trial Balance, Creditor’s list and Debater’s list are the important documents that display health of retail business. These reports are available on click of mouse button. The best thing about Acme’s Insight is! Business owner, accountant or staff does not have to have accounting knowledge to generate these reports. Acme’s Insight is developed in such a way that if business owner, accountant and staff enter every purchase bill, sale every product via Insight, enter every payment + receipt + expenses in Insight, enter every sales return and purchase return using Acme’s Insight, These reports will be automatically updated as soon as these entries are recorded in Acme’s Insight.
- Create Daily/Monthly Series For Cash And Bank Vouchers
This feature allows business owner to have series of cash & bank vouchers generated by the system. This feature is made available in the form of settings.
- Export financial accounting data to Tally including tax data
Many business owner in India still avail or prefer the services of CA and/or professional tax consultant. In India, many CA’s and professional tax consultant use Tally software tool in their office. Insight's export accounting (only financial) data to Tally feature allows business owner to share accounting data with such professionals. Having said this, business owner can also generate accounting reports on their own namely balance sheet, P&L statement, trial balance sheet, creditor’s report, debater’s report, etc. on their own. In addition, business owner can also print various accounting business registers like sales register, purchase register, stock register, bankbook, cashbook, customer register, receipt register, expense register, payment register, credit register, debit register, etc. on click of mouse button.
- Report - Salesman wise sales and incentive calculation
Using this function, business owner can easily disburse payable incentives with accurate data to each sales staff.
Sales and Purchase Return
- Sales return and purchase return, these are the two unpleasant activities that happens in electrical and in electronic business.
Sales return and purchase return, these are the two unpleasant activities that happens in electrical and in electronic business. No one likes it. However, they are unavoidable. If these two activities are controlled tightly & systematically! It helps business owner to grow and to sustain. Acme’s Insight software understand these aspects correctly and offers value for money features that helps business owner to grow business, business to sustain and helps business owner to make less losses or nil losses.
Printed reports give an opportunity to business owner to work out various strategies to increase business (top line, bottom line, suppliers, products, consumers, etc.). Printed reports (somehow) got more impact that is emotional to every Indian mind than seeing the same report electronically on computer monitor. Acme’s Insight provides some standard reports. In addition, Acme’s Insight also provide Report Writing module. Using this module, business owner can generate customized reports as per the need of business.
- Stock report
Item wise, supplier wise, category wise, etc. Fast selling items, slow moving items, dead or non saleable items, etc.
- Accounting Reports
Balance Sheet, Profit & Loss, Trial Balance, Sales Register, Purchase Register, Bank Book, Cash Book, Expenses Book, Creditor’s Register, Debtor’s Registers, General Ledger, Bank Statement, Profitability Report, Cheque Book Maintenance, Bank Reconciliation report, etc. Generate automatic credit and debit note report.
- VAT report
Acme’s Insight generates 4 types of VAT reports namely VAT paid from suppliers bill, VAT collected from sales bill generated on customers, VAT difference on sales return and VAT difference on purchase return.
- Print Date & Time on each report
Acme’s Insight print date & time on each report so that trailing on each report becomes easy. This function is available in the form of settings.
There are many things (task in hand) that happen in every business before business starts and after business is closed. These activities (task in hand) fall under the category of back-office task. Listing down features of Acme’s Insight that falls under Back-office category namely:-
- Business Analysis and Intelligence
Acme’s Insight got built-in dashboard UI (User Interface) module. This module display selected & important business data in the form of graphical charts. Graphical charts are more appealing in terms of understanding the data. e.g. Supplier wise sales, product wise sales, counter wise sales, salesperson wise sales, profitability of the business, etc. These reports are instantly available and they are updated as and when actual transaction happens in Acme’s Insight like entering of purchase bill, selling products to customers, entering bill payment, giving payment to suppliers, undertaking sales return, entering expenses for staff or for business, etc.
- Multiple firms
Insight allows business owner to use this function in case business owner wants to maintain business separately from tax (turnover and income) perspective. This feature helps business owner to reduce tax burden. This feature helps business owner on how to grow business, when, where, etc. Switching from one firm name to another happens only by pressing one key on computer keyboard. Business owner can also keep last year and last to last year data in computer. Switching to earlier financial year data is also smooth, seamless and easy.
- Supplier data entry linked with manufacturing firms
Acme’s Insight allows business owner to add manufacturing company names while creating supplier database. Efforts invested in data entry actually help business owner when purchase order is created on these suppliers. Acme’s Insight software shows only those product names that are linked with supplier produced by concerned producers. This feature speed up the computer performance by showing limited product names than showing entire product names produced by countless firms.
- Scheduler & task manger
Acme’s Insight software offers another powerful feature that can be used before or after transaction hours. Business owner can also add various important business task like VAT return date, IT return date, VAT payment date, IT payment date, etc. in Acme’s scheduling software. Acme’s scheduling software sends an alert text message on mobile phones used by business owner.
- Software security for users
Acme’s Insight understands the security aspect. Acme offers user-friendly security features that can be used using mouse button clicks. Business owner can create users based on duties to be performed by the staff. e.g., User is allowed to create sales bill. Now this user will not be able to see and use features and functions of accounting, stock, purchase, accounting, etc. Acme’s Insight allows business owner not to allow sales billing user to have access to any other functions & features available in Insight.
- Automatic back-up of Insight
Acme’s Insight offers this most important feature to every buyer of Insight. This feature automatically takes back up of data created & generated via Insight. Back-up data is stored in computer hard disk in day wise folders. Each folder is given day name like Monday, Tuesday, etc. Each customer is requested to copy daily back up outside the computer. May be on pen drive or USB hard drive. Nevertheless, copying daily back up out of computer is must. In India, power conditions (supply) are not healthy and consistent. Sudden spike in power supply can ruin the entire computer setup available in automobile spare part shop. This is must activity.