Quickbooks is a powerful accounting software that helps small and medium-sized businesses manage their finances. However, Quickbooks alone may not be enough to handle all the accounting needs of your business. You may also use other apps and software to run different aspects of your business, such as e-commerce, inventory, Read more…
Stock management, also known as inventory management or stock control, is the process of ensuring that you have the right amount of products in stock for your customers. Stock management is crucial for store chains, as it affects their profitability, cash flow, customer satisfaction, and operational efficiency. There are many Read more…
Businesses that use Accounting software are currently faced with a choice between maintaining dollar based subscription-Software options or Naira Based Accounting solutions. The former is currently carries a hefty price tag, because they are denominated in dollars, which now is a significant burden given the exchange rate volatility. On Read more…
Creating an Effective Accounting System for Retailers Introduction To run a successful retail business you will requires an effective accounting system. An strong accounting system ensures accurate record-keeping, streamlined processes, prompt and informed decision-making. Let’s explore some key components of such a system. 1. Inventory Control Track inventory: Monitor stock Read more…
Multi-Location Based Inventory and Accounting System allow a customer to understand her inventory needs and and also support her to make wise decisions on how to manage her inventory. The big challenge in today’s business environment and a Common problem faced with Inventory management such as Ordering quantities, safety stock, Read more…
MAT ERP is designed to make it easy for SMEs in Nigeria to take advantage of an all-in-one application offering accounting, payroll, CRM and POS in one place. Built specifically for SMEs who are not ready to implement the robust SAP ERP solutions, MAT enables growing businesses with various departments Read more…
Not all accounting systems are made the same. Some of the mainstream accounting systems are too complex and contain unnecessary features, for small businesses. For this reason, many businesses find recording sales activities for their businesses confusing and time-consuming. As a result, it is imperative that growing businesses choose accounting Read more…
There are four basic areas of growth a business should focus on which, when managed properly, can make owners understand their businesses more; there are Accounting, Payroll, Customer Relationship Management (CRM) and Point of Sale (POS) An Accounting system lets you track all revenue and expense channels, understand where most Read more…