Posts tagged retail software

Purchase Order creation for Multiple Sites is Automated


PO1Now, Ginesys Retail Software users can create purchase order for multiple sites at once through import excel option.  A new Excel import class option has been provided to help users to create Multiple PO for Multiple Sites at one go.

This enhancement will help users to handle their multiple sites wherein the PO varies from site to site.

Multiple Cash Discount can be applied in AP voucher


cd3Ginesys retail ERP software has now introduced the flexibility of applying different cash discounts for the same vendor depending upon payment conditions and different items.

Suppose a vendor offers a cash discount of 10%, if payments are made within 60 days. Now, for some reason and if the payment is delayed after 60 days then he will only allow 5% cash discount.  Or if the vendor offers various cash discounts on different departments under his company. So the user can apply all these manual cash discounts on AP entries during document adjustment in the retail ERP software.

Thus, cash discount percentage can now be modified while making payments using AP Voucher.

Auto-email payment advice in Ginesys


email2Now when you create a new payment advice in Ginesys you can automatically send a listed vendor email id an email with the advice and the invoices cleared in that payment with all details. It will make your life easier by having to deal with fewer enquiries asking when they will get a certain payment and seeking explanations of payment made.

These kind of features in the retail ERP  help suppliers as well as merchants in the retail eco-system

Credit days Check and new Credit Rules: Useful feature for Wholesalers


credit2Wholesalers and distributors raise a sale invoice for the retailers with a certain credit amount and credit days limit. With a large customer base it becomes important to track violations of this limit and in some cases restrict further invoicing to a customer. Ginesys has introduced 3 credit rules which can be configured for the customer invoicing:

  1. Check only credit amount / credit limit
  2. Check only overdue bills
  3. Check both limit and overdue bills
  4. No checks

Rule 1 was the default configuration where further invoicing could be blocked or a warning displayed if the total balance amount was exceeding the limit defined for the customer.

In Rule 2 if the wholesaler configures N days as overdue limit then software will check if there are bills more than N days old which are not fully paid before allowing further invoicing/ dispatch.

For Rule 3 bot limit and overdue days of the customer will be tested before allowing further billing.

Another great point is that we have added a tolerance to the amount which is configurable per customer. So if the limit is exceeded by only an insignificant amount then you can still allow billing to proceed. This is relevant for rule 1 and 3.

Wait there is more, you can import this configuration from an Excel file for your entire list of customers in one-shot! Isn’t that awesome?

Ginesys Implements Excise Duty Feature


Garment Excise  Duty

In the wake of the union budget 2016, excise duty is made mandatory on branded garments costing over Rs 1000. Keeping track with the development, Ginesys Retail Software has introduced the feature in the software so that billing is done in accordance with the tax.

Earlier excise duty was applicable on branded clothing irrespective of price. It was completely taken off later on but now it’s to be levied again, though not for items costing below Rs 1000.

What it means is the tax will be applicable on not all goods, so proper demarcation is to be made on taxable and non- taxable items. Ginesys Retail ERP has implemented the feature in such a way that segregation between these goods is done automatically, so at the time of billing, system quickly identifies such goods and processes accordingly.

Ginesys is a leading provider of Store Management, ERP and POS Software in India.