Articles in this category

Adjustments

The term "adjustments" refers to entries made in the inventory item ledger to rectify any discrepancies between the inventory balance in the ledger and the physical balance.

Contract Accounting Ledgers

Contract Accounting Ledgers

Contract/Project Accounting Module

Contract/Project Accounting Module

Inventory Management

Warehousing

Inventory Management Application

Our Inventory Management Application

Issues To Production

"Issues to production" refers to the process of releasing stored materials for the purpose of manufacturing finished products.

Product & Material Inventory Ledger

Guide

Project Accounting

Formula

Stock Count

Importance of Stock Count

Transfers

The Transfer function facilitates two types of transfers: Transfer from Factory and Transfer Between Locations.

Valuation of Inventory

The application is designed to calculate the inventory value of each item based on physical balance, which accounts for any discrepancies.

Introduction to Data Migration

Migrating data from an existing ERP system to XFlow is a critical step to ensure business continuity and data integrity.

Non-Current Asset Register

In order to effectively manage non-current assets and accurately report them in financial statements, it is crucial to maintain an inventory called the Asset Register, as recognized in accounting terminology.

Steps for a Successful Data Migration

This guide outlines the structured approach for an effective migration.

Fixed Asset Register

In order to effectively manage non-current assets and accurately report them in financial statements, it is crucial to maintain an inventory called the Asset Register, as recognized in accounting terminology.

Step-by-Step Data Migration Process Guide

This guide outlines the meticulous process of migrating accounting data

Depreciation Handling in an Asset Migration Process

How to handle depreciation in an Asset Migration Process

Depreciation Methods

The app automatically calculates the daily depreciation of all assets within each asset class. 

Disposal/Write Off of Fixed Assets

To dispose of an individual asset, you have two options: selling it or writing it off

Asset Impairment

Asset impairment is when a company's assets drop in value due to various factors such as changes in the market, technological advancements, or other external factors.

Maintenance History

Maintenance History

Our Data Migration Facilitations

Our Data Migration Facilitations

Sales Invoice Migration

Sales Invoice Migration

Vendors Invoice

Vendors Invoice