Project Management Cost Control

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Project Management Cost Capabilities

Almost all projects need to be guided throughout to receive the required and expected output at the end of the project.

In addition to the project goals that the project manager has to oversee, the control of various costs is also an important task for any project. Project management would not be effective at all if a project manager fails in this respect, as it would determine whether your organization would make a profit or a loss. Read more

System Changes 07/10/2015

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Stock Turnover & Invoice security Settings for multiple branches

Companies who have multiple branches can now limit their employees to only view the invoices and stock turnover for the branch that are set as their default branch.

Follow these easy steps to ensure your employees only see the info for their default branch.

Ensure the employee is linked to a default branch.

Employee > Employee look up > Employee personal form > Employee default branch Read more

Budgeting getting you down? Smart It can help!

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Budget Software

Does your business budget? This is how Smart It can help:

Most people realise the importance of establishing and sticking to a household budget. This is the best way to make sure that household expenditures don’t exceed income during the month, forcing families and individuals to have to borrow money or use credit cards in order to make ends meet.

The same principles apply to managing business finances. It’s critical that executives work together with other key members of the management team to create a business budget that defines the company’s basic financial structure and how cash will be managed to work within this structure. Business budgeting helps reduce the uncertainty that often accompanies expense and cash flow forecasting, providing executives with a fiscal framework for all of the company’s financial decisions. Read more

System Changes 11/08/2015

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Stock Take

Please take note of the following changes to the stock take:

If you are using buying and selling units, the selling unit will be used for the stock take:

Stock > Item lookup > Cost and selling prices > sell unit

Stock Take

When doing an instant stock take the unit will be shown as below and need to be counted in the “selling units”

Stock > Instant stock take

Stock Take

It works the same with a regular stock take:

Stock > Regular stock take

Stock Take

System Changes 03/08/2015

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Cash up:

The following changes have been made to our Cash up procedure:

Please create a new General Ledger account called “Float”

Ledger > Account Setup > New Main Account

Description: Float

Account Type: Assets Cash

Vat: No applicable

Cash up

After you have created the GL account, you need to then set the default account as follows:

Ledger > Account options > Accounts default

The General Ledger account ‘Float’ can then be selected as the default Float Control account.

Cash up

Please feel free to contact us should you have any questions.