Sales counter @ footwear is the most happening area. Here buyers stand in line for the sales bill so that can pay the sales bill, pay the money and collect footwear. Acme’s Insight offers number of features and those are:-
- Create 10 sales bills at a time.
Sales billing user interface allows footwear business to create 10 sales bill at a time.
- Number of items to be printed in single sales bill.
This function in the form of settings allows footwear business owner to decide number of footwear items to be included in single printed sales bill.
- Number of copies to be printed of one sales bill.
This function in the form of settings allows footwear business owner to decide number of copies to be printed of single sales bill.
- Save and Print Bill Immediately After Entry.
This feature in the form of settings allows footwear business owner to save the bill immediately as soon as it is prepared. Bill can be printed immediately.
- How to round off sales bill and formula to round off.
This feature is the form of settings allows footwear business owner to define the process of rounding when sales bill is prepared. Footwear business owner can use formula too.
- Use barcode or item code while generating sales bill.
Sales billing user interface accept barcode label product, item code or item name when sales bill is prepared.
- Enter cash received from customer.
This feature allows footwear business owner to enter cash paid by the customer to include in sales bill. This feature makes consumer happy and this feature is useful for validation purpose.
- Multiple taxing in sales bill.
Sales billing user interface accept multiple tax for multiple products like products with zero tax, products with 5% or 5.5% VAT, products with 12.5% or 14.5% VAT, products with CST and products with LBT or Octroi.
- Multiple payment (acceptance) collection in sales billing.
Sales billing user interface accept single sales bill in multiple collection mode namely some part is paid by cash, some part is paid credit card or debit card and some part is paid by cheque.
- Sales return/exchange in same sales bill.
Now-a-days sales return or exchange are part of daily business. Sales billing user interface got built-in sales return or exchange facility. Using this feature footwear business owner can take back sales return or exchange goods. Exchange goods can happen for same amount, lower amount or higher amount too.
- In India today most of the multinational footwear brand and multi location Indian footwear brands use barcode label.
In India today most of the multinational footwear brand and multi location Indian footwear brands use barcode label. Acme has developed universal barcode software module. This module can be ordered along with Acme’s Insight software. This module allows footwear business owner to use company printed barcode labels when sales bill is generated. Footwear business owner can also create own barcode labels for local footwear products that generates more profit than trading products.
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 important business function since competition across board is increasing beyond imagination, thinking and speed. Acme’s Insight software offers CRM for various PR (Public Relation) activities to be done with actual buyers and for actual buyers to keep the brand alive, to increase business and to keep the trust level of business alive. Those features are as follows:-
- Send transactional messages on mobile phones using text message
Using this feature, footwear business owner can send “Thank you for buying” message to end customer on customer’s mobile phone.
- Send personal greeting text messages on mobile phone via text message
Using this function, Acme’s Insight can send personal greeting messages to every customer. e.g. Happy Birthday, Happy Wedding Anniversary, etc.
- Generate mailing list and print customer labels.
Using this function, footwear business owner can generate list of customers in column format. In addition, footwear business owner can also generate printing labels. These labels can be used by footwear business owner for sending festival greeting cards, discount scheme offer letter, etc.
Accounting is an integral part of every business. Acme’s Insight software offered number of features, under this category are:-
- VAT accounting
Every month footwear business owner is forced by law to submit VAT report to government. Generating timely VAT report all depends up on generation of sales, generation of sales return document, entry of purchase bill and generating purchase return. Acme’s Insight software handles all these needs on click of mouse button when footwear business owner use sales billing, sales return, purchase bill entry and purchase return in time, on time and every time.
- Bank reconciliation
Bank reconciliation is another tedious tasks for every footwear 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 automobile business owner and save owners time.
- Interest calculation
In footwear business when bills are not paid in time, supplier or stockiest charge interest. Acme’s Insight software feature calculates the interest charged by the stockiest or by the producer. It is also being observed that many footwear business owners keep FD’s with banks. Bank gives them interest. Interest received from the bank can be rechecked by footwear business owner using Acme’s Insight software feature.
- View and print Balance Sheet, Profit & Loss and Trial Balance
Balance Sheet, Profit & Loss, Trial Balance, Creditors report, Debtors report, etc. are the important documents that display health of footwear business. These reports are available on click of mouse button. The best thing about Acme’s Insight is, footwear 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 footwear business owner (or staff) enter every purchase bill via Acme’s Insight, sale every product via Acme’s Insight billing user interface, enter every receipt + payment + expenses from Acme’s Insight, enter every sales return or purchase return from Acme’s Insight software. Reports will be automatically updated as soon as these entries are made in to Acme’s Insight software.
- Create Daily / Monthly Series For Cash And Bank Vouchers
This feature allows footwear business owner to have series of cash & bank vouchers generated by the system. This feature is made available from settings.
- Export accounting data to Tally
Many footwear business owners in India still avail or prefer the services of CA or professional tax consultant. In India, many CA’s and professional tax consultant use Tally software tool in their office. Acme’s export accounting (only financial) data utility to Tally allows footwear business owner to share accounting data with tax professionals such as CA and Tax Practitioners. Having said this, footwear business owner can also generate accounting reports on their own. In addition, footwear business owner can also print various accounting registers using Acme’s Insight software namely sales register, purchase register, credit register, debit register, cash payment register, cheque receipt register, expense register, bankbook, chequebook, etc. on click of mouse button.
Sales and Purchase Return
In footwear business sales and purchase return are the most unpleasant activiti. No one likes it. They are unavoidable. These activities if controlled tightly & systematically from day one, it finally helps business to grow, to sustain and to make less losses. Acme’s Insight software understand these aspects correctly and offers great value for money in the form of features that helps business to grow, helps to business owner to make minimam losses.
- Generation of debit note on instance of purchase return
This feature allows purchase return document user to create debit not instantly to close the transactions.
Printed reports give an opportunity to footwear business owner to work out various business strategies in terms of how to increase sale, how to add more products, how to discontinue with some suppliers, etc. Printed reports (some how) got more impact on Indian human mind that is emotional to every footwear business owner than seeing the same report on computer monitor (screen). Acme’s Insight provides some standard printing reports. Moreover, Acme’s Insight also provide Report Writing module. Using this feature, footwear business owner can generate customized reports as per the need of business. Following reports are available in Acme’s Insight namely
- Stock report
Stock report item wise, category wise, supplier wise, manufacture wise and price grouping wise. Reports are also available for fast selling items, dead or non saleable items, slow moving items, etc. Sales report product wise, category wise, value wise, quantity wise, etc. is are available.
- 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, Profitability report, etc.
- VAT report
VAT paid report, VAT collected report, VAT difference report on purchase return and VAT difference report on sales return.
- Print Date & Time on each report
Acme’s Insight print date & time on each report so that trailing on each reports becomes easy. This function is available from settings.
There are many things (task in hand) that happen in footwear business before shop is opened for customers and after shop is closed for customers. These activities fall under the category of back-office activities. Listing down features of Acme’s Insight that falls under Back-office category namely:-
- Business Analysis and Intelligence
Acme’s Insight software 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, product category wise sales, price group wise sales, etc. These reports are instantly available on computer monitor. They are updated as and when actual transaction happens within Insight software like entering purchase bill, selling items to customer, entering bill payment, giving payment to suppliers, entering expenses, taking sales return, returning goods to supplier, etc.
- Multiple firms
Acme’s Insight software allows footwear business owner to use this function in case owner wants to maintain footwear business separately for various category of products. e.g. Branded footwear business under one company, Accessory business in another company, Local footwear business under different company etc. This feature allows owner to reduce tax burden. This feature helps owner to work out strategy on how to grow business, when, where, etc. This feature also helps owner to decide whether to continue with loss making product lines or not.
- Automatic back-up of Insight
Acme’s Insight offers this most important feature to every buyer of Insight. This feature automatically take back-up of data created & generated from 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. But copying daily back-up out of computer is must. In India, power conditions (supply of electricity) are not healthy and consistent. Sudden spike in power supply can ruin the entire computer setup available in footwear shop.
Maintaining stock, updating stock on regular interval, tracking stock on regular interval, refreshing stock on regular interval, etc. are the key activities that happens in successful footwear business. Acme’s Insight software offers number of features for stock maintenance & stock management are:-
- Import purchase bill
Acme’s Insight software import computerized supplier’s bill. In turn it saves time, efforts and money of footwear business owner. This feature helps to avoid mistakes & errors if footwear business owner decides to enter supplier’s bill manually. Importing bill is peace of mind.
- Import price list
It is being observed that some footwear producers offers their product price list in MS Excel format. Producers keep the price list on their web site. Acme’s Insight software import such price list documents. Please contact Acme’s office and Acme’s Partner’s office on how to do it.
- Inward stock with pakka bill or with delivery challan
Acme’s Insight software allows footwear business owner to enter stock data using pakka bill and using delivery challan.
- Validate purchase price and sale price while entering stock
Acme’s Insight software allows validating purchase price and sale price while entering product master data. This feature validate accuracy of price factor that is utmost important to business.
- Multiple stocking point (location or racks) within outlet or outside outlet
While entering stock data in to Acme’s Insight software! Footwear business owner can name each rack with unique identification and then enter stock data. This practice is good for business health. This practice also helps when physical stock checking activity is done.
- Mention Minimum stock level quantity and reordering quantity
This system allows allows footwear business owner to mention minimum stocking quantity and reordering quantity for all those footwear items that are fast selling. Entering this information helps footwear business owner to reorder these products quickly as soon as the stock reaches to minimum quantity level.
- Formula function for Item Master Entry
Acme’s Insight software allows footwear business owner to use formula function while entering stock data. This function automatically calculate MRP price and sales price based on purchase price. This feature save time, efforts and avoids mistakes that may happen when manual sale price and MRP price is mentioned for each product.
- Add multiple attributes or properties to each item
This system allows footwear business owner to add more properties or attributes for footwear products as per business practice. This feature also helps when business analysis is done by Acme’s Insight software as well as when ordering of footwear products happens.
- Maintaining stock in multiple units and packs
Acme’s Insight software allows footwear business owner to enter stock in multiple units and in multiple packs. e.g. Purchase products in dozens or in boxes and sale it in pieces.
- Allow multiple challans while entering purchase bill
This system allows footwear business owner to enter footwear stock in multiple delivery challans issued by stockiest and by producers. Acme’s Insight software allows footwear business owner to enter footwear stock in multiple delivery challans issued by stockiest and by producers.
- Auto calculate rates while entering purchase bill
Acme’s Insight software automatically calculate MRP price and sale price for entered stock from supplier’s bill.
- Lock sales rates in sales bill
This system allows footwear business owner to lock sales rates in sales bill.
- Create group wise category while entering items
Footwear business owner can create multiple category for footwear products while entering footwear stock data. e.g. Male, Female, Boys, Girls & Accessories can be come principal group. Under each of these groups sub groups can be created like Chappal, Shoes, Sandals, Casuals, etc. Under accessories items like socks, polish cream, polish brush, lace, polishing cloth, bags, jackets, etc. can be added. Creating groups and sub groups helps footwear business owner to generate meaningful business validation and business analysis which is part of Acme’s Insight software.
- Allow replacement items
This feature allows purchase bill entry user to allow sales bill user and sales return document creator user to give replacement items.
- Run scheme
This system allows has got scheme feature. Using this feature, footwear business owner can run sales scheme to increase business and to inspire customers to buy more footwear products.
- Show item balance while creating sales bill
This feature empowers & educate sales bill user about the stock of billable items.