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everexinfotech-blog · 5 years
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How can HR software benefit a company?
HR professionals are now playing an important role in SMBs by hiring employees who are not just skilled for a task but also enthusiastic to learn more and grow. In collaboration with enthusiastic and engaged professionals, small and medium-sized businesses can taste success.
HR software can help such businesses in managing their skilled and enthusiastic employees with accuracy. From managing account of every employee’s professional details, to managing performance, appraisal, training and talent management, HR software is conducive at every step.
 Recruitment
The HR software module for recruitment manages activities like internal form-filling and authorization, posting of job opportunities, applicant tracking, and so on.
 Performance Management
The performance management module is needed for tracing the objectives and targets of all employees, and automating the appraisal process. Important factors to be included in this module are job standard and competence framework for every employee.
 Talent Management
Along with recruiting talented employees, understanding their potential for succession within an organization is also important. So, to produce a pipeline of talented employees and for succession planning, talent management software module is required by different organizations.
 Benefits administration
This HRMs software module manages employee benefits, which include healthcare packages, pension schemes and other welfare programs.
 Leave & attendance
From attendance management to biometric time tracking, HR software tools can make these processes quite smooth and hassle-free. The time & attendance module is serviced by many HRMS software tools to help organizations deal with disciplinary issues.
 Payroll
In many companies, particularly those with smaller workforce, payroll also comes below the umbrella of HR operations. To deal with this hurdle, SMBs rely majorly on those HRMS software tools that incorporate the payroll module. With payroll HR software, key features like payroll related reports, pay slips, increments, reimbursements, etc. can be achieved in a seamless manner.
 Employee Self-Service
A HR software portal that allows employees to access and manage personal information can preserve a vital time of HR professionals in an organization. The HR module of employee self-service also helps employee in mapping their competencies and completing appraisal related formalities with ease. Thus, HR professionals can focus on different critical functionalities, while employees are taking charge of their own details on an HR software portal.
   Here are lots of ways HR software can help your company grow.
1. Decreases Wasted Time
Several previously time-consuming tasks can be automated, such as timekeeping, onboarding, and hiring. By opening up time for more strategic tasks and business development you can see faster growth.
2. Higher Performance and Efficiency
With automation, all functions and tasks can be refined, empowering HR to grow more efficient. HR automation creates processes more transparent and also eliminates bottlenecks. This enhanced productivity can render into significant cost and time gains, while streamlining HR functions across the board.
3. Better Perceptions, Better Decision Making
Thanks to analytics along with reporting, an HRMS can give you the valuable insights you need for better and more informed decision making. The faster you can make decisions the faster you can commit to new business initiatives and analyze your growth plan.
4. Cost Savings
Have more capital for the stuff that matters. The time accumulated in HR, as well as the enhanced performance and productivity, can reduce labour costs. The improved accuracy that automation can assist you to realize the risk of costly errors and liability issues. Smooth and computerized workflows can adjust HR functions are more efficient, such as enhanced recruitment, training, which will promote the bottom line.
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everexinfotech-blog · 5 years
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HOW EXPORT DOCUMENTATION WILL INCREASE YOUR PRODUCTIVITY(Exporters India)
Export documentation software
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1. What is the meaning of export?
Exports are sale of goods out of Indian custom barriers. This is not a secret, that in export-import business, people in India and in other developing countries can make the biggest profits. This is the most profitable business in India now and in the coming years.
There are many reasons for this. In short, India manufactures a wide range of products and because India is still a developing and low-cost country, then the costs to manufacture the products are very low. But the prices for those products in western developed countries are much higher.
India is becoming a new “China”. Indian Export grows fastly and India is replacing Chinese exports in many different product categories. Profit margins can be very high, sometimes 100%-300%
Currently most of the exporters of the Indian goods to the European countries. Europe is also the best market for India now. Read- where you should export.
1. What products you should export, to gain maximum profits from International markets.
2. To where you should exactly export your products?
3. How to find and reach to the buyers.
Exporting software products to foreign countries
The top 10 commodity exports in 2017 to Dubai were as follows:
1. Natural or cultured pearls, precious or semi-precious items
2. Mineral fuels, mineral oils, and products of their distillations.
3. Electrical machinery and equipment
4. Ships, boats and floating structures
5. Articles of apparel and clothing.
6. Articles of apparel and clothing
7. Machinery, mechanical appliances, nuclear reactors
8. Cereals
9. Organic chemicals
10. Articles of iron or steel
Like you see on the chart, the biggest unmatched export potential is again for diamonds, pearls, precious metals,India steel exports, leather export from India, coffee export from India and also gold items. Additionally, telephone sets & other voice/image transmission apparatus are the product that faces strong demand increase and export opportunity for Indian exporters.
There is also a stable demand for food products. Importers from Dubai are regularly importing huge volumes of rice exporters in Mumbai, coconut exporters in India and vegetables from India. Also, seafood products like shrimp exports from India are in demand by Dubai’s importers. Seafood exporters in India have great potential because Seafood has “0” import tax applied, which raises its demand by Dubai's importers.
Other exporters include red chilli exporters in India, paper exporters in India, turmeric exporters in india, indian sandstone exporters, karur home textiles exporters list, marble exporters in india, onion exporters in Mumbai, top 10 rice exporters in india , non basmati rice exporters in india, basmati rice exporters in india, spices exporters in Mumbai, turmeric powder exporters, sesame seeds exporters cashew nuts exporters, red onion exporters, wooden handicrafts exporters, textile exporters in Mumbai, cotton yarn exporters, dry fruits exporters, honey exporters in india, granite exporters in india, spices exporters in india, jute bags exporters,fresh vegetables exporters,meat exporters in india, flower exporters in india, agro products exporters, stainless steel exporters, artificial jewellery exporters, chemical exporters, fabric exporters, denim jeans exporters, leather exporters in mumbai ,garment exporters in Mumbai, pharmaceutical exporters in india, shampoo exporters, food exporters in Mumbai, designer kurtis exporters, coriander seeds exporters, cumin seeds exporters, mushroom export from india, car export from india, chemical export from india, fruit export, furniture export from india
an opportunity exists also with handicraft items because now the construction speed in Dubai is growing rapidly, leading to the demand for interior decoration products.
Exporting software products to foreign countries
This business model is especially lucrative for people from India. In India, there are a lot of qualified software engineers. Because Average Indian software engineer still earns much lower, that he/she could earn in European countries or In the USA, then there exist good business opportunity.
Build a small team of IT engineers and start producing software products to foreign companies and export software products to foreign country companies. A lot of European companies need apps, websites and other software products and they agree to outsource it from foreign countries. India software exports are in demand across the globe. They include India’s biggest export and India main exports.
This classifies as a export service, in this case, you do not need any kind of export license. You are developing software and delivering that to your client online.
What Is export documentation?
The documentation required for export of goods is known as export documentation.For export sales there are export registration required.Companies are required to pay export tax in India at a specified export rate. Export subsidy rate is given to eligible exporters. There are various export intensive scheme by export promotion council registration.There is lot of export benefits in India.
Introduction to Export Documentation Software
• Sky Export as the name it self represents it is software designed to take care of all your export Documentation.
• The export document software covers all the bill of export operation,from start to end.
• The software for export documentation is well divided in to two parts ,one take cares of your preshipment activity and second will take care of your postshipment
• Various reports are designed for data mining.
Masters
Transactions( Preshipment Postshipment )
Reports
Master
Master are used for entry automation
Once the entry is placed in master it will display the same entry at the time of the respective transaction.
For ex:-When you add marks entry in the marks master it will display the same entry at the invoice ,you can select different marks from the master hence it avoids the entry duplication and saves your precious time.
Order Acceptance : It is generated when an order from a foreign buyer is accepted.
Proforma Invoice: It can be used as sales contract or as invoice for items sent on approval basis.
Pre shipment Details
It is Pre – Documentary Hub which act as a Parents of all Export Documentation Invoice that creates in favor of Seller obligation
Invoice
Invoice, a commercial document issued by Exporter to Importer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products the seller had provided the Exporter.
Packing List
It shows the details of the goods contained in each parcel/shipment.
Custom Invoice
Mainly needed for countries like USA, Canada, etc. It is prepared on a special form being presented by the Customs authorities of the importing country. It facilitates entry of goods in the importing country at preferential tariff rate.
Certificate of Origin (7Chambers)
A certificate of origin (CO) is a document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product, its destination, and the country of export service. Required by many treaty agreements for cross-border trade
Shipping Instructions
A shipping instruction (SI) or the shipping bill for export document, is provided by an Exporter to the customer, containing details of the cargo to be shipped and the requirements for its physical transportation.
E – Way Bill Bulk
Bulk e-way bill generation facility is a simple solution for generating multiple e-way bills/consolidated e-way bills as well as to update multiple e-way bills in a one-time process.
Post-shipment Document
Commercial Invoice
Document required by customs to determine true value of the imported goods, for assessment of duties and taxes.
Commercial Packing List
A packing list is used as part of a customs declaration to document the number of items within your shipment, along with their dimensions and weight, and the number of cartons that the goods are shipped in
Bank of Exchange
It is a document contemplated by or consisting of a contract, which promises the payment of money without condition, which may be paid either on demand or at a future date
Shipment Advice
Letter sent by an exporter to a foreign buyer informing that the shipment of the ordered goods is on its way. Its helps to track the goods as per details and importer can plan import clearance procedures accordingly
Letter to Bank
It is a commitment of the importer's bank to pay a specified amount in return for the documents stipulated in the letter of credit and presented by your company through Bank Millennium
Letter of Credit: This term is more secured for both the parties.This is term which majority of exporters and importers prefer.L/C is opened by the importer party and is forwarded to exporter.The bank of importer party after import export registration would give letter of credit stating that the payment for the goods will be made by the bank on receipt of goods.It means that the exporter party is secured for money and the importer is secured for goods.
Commercial Invoice:
Commercial invoice can be generated for Buyer and for the bank.User can change the details of commercial invoice as per buyer requirement.
Reports, Registers and Returns
Sky Export Plus" creates all the reports that you would require in your export business. The facility of generating various MIS Reports keeps you in control of the performance of your business or organization. Following reports can be created by Sky Export Plus
• Import Export Registration
• Currency wise Exports
• Consignee master printing
• User defined reports
• Incentive Registers
• LC Register
Advance License Status report
• Council returns
• Consignee wise Exports
• Country wise Exports
• Item wise Exports
• Pending Order details
• FOB Sales report
• Outstanding payment report Advantages of Sky Export Plus
• It offers excellent flexibility at different stages of documentation
• Systematic flow of data avoids duplication of work
• Faster generation of documents
• Validation avoids the chance of errors
• LC Expiry and last date of shipment alarming
• User friendly interface makes the understanding of the software easy for layman as well
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everexinfotech-blog · 5 years
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Why you Need Export Documentation Software?
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Much of my day is utilized talking with people on the phone who have expressed interest in learning further about the Sky ERP Export Plus export documentation in India and compliance software. The ones who become customers tend to have many of the same reasons for funding the software.
this article outlines the five most popular reasons why companies invest in and use total export solution software. If you’re on the fence attempting to determine whether or not import export business software is a worthwhile investment, take a glance at the information below. It will assist you towards making a well-informed decision.
Ensure Consistency throughout Your Company Exporting companies that do not have an import and export documentation and compliance software in place frequently have a rather haphazard procedure for designing their export business documents. They may use Word or Excel templates, which entails typing the same data over and over and making a lot of copying and pasting. These processes are time-consuming and tedious.
I recently chatted with a company that used an accounting software to create their packing lists, different software to produce bills of lading, and yet different software to create commercial invoices. They applied templates found online for other documents like certificates of origin, and they relied on their freight forwarders to supply shipper’s letters of instruction, which they then filled out by hand.
Using three modified software solution programs and having several sources for their other export registration documents makes for a rather disorganized, inconsistent and potentially unreliable process.
Assume instead that you have one software program to produce all of your export procedure and the database is distributed across multiple workstations, so employees can easily view and choose the import export registration records prepared by other employees if needed.
With the click of a button, you can pull in your contact and product information for each consignment from a database, and this information will be automatically appended to all the documents for which it is needed with the precise formatting. You simply enter the information once, and you’re good to go.
This is the truth for Sky ERP Export Plus users, and this ability to organize import export documentation procedure and make the overall design more consistent is the single biggest reason why companies end up purchasing export software.
Reduce the Time It Takes to Build Export Business Documents one system for all your standard export paperwork will cut down on the time it demands to generate the documents. Our customers state they can produce their documents up to five-times faster than traditional methods like using templates. They’re able to accomplish this because software solution like Sky ERP Export Plus is specifically designed to eliminate redundant data entry.
Software enables you to enter information common to multiple documents on a single screen, rather than having to retype the same information over and over repeatedly for each document.
Enhance the Accuracy of Your Export Documents Manual data-entry methods like using Word or Excel templates are inclined to errors. The more typing you do, the greater the risk of executing a typo. These mistakes can hold up your shipment, prevent you from getting paid on time, or get you in trouble with customs.
Automating your export incentives plans by using export software significantly cuts down the amount of typing you need to do, resulting in less errors and, in turn, less headaches for you and your customers.
Stay on Top of Evolving Regulations Export industry regulations are constantly changing. The data needed on export documentation paperwork, product classification codes (such as HS codes or ECCNs), and industry best practices are in a constant state of flux. It can be a challenge to try and keep up-to-date on the changing regulatory environment.
fortunately, software can help in this respect. Software like Sky ERP Export Plus is consistently updated to reflect changing regulations and emerging best practices. When you apply Sky ERP Export Plus, you can be confident that you are using only the most up-to-date information.
Monitor Your Export Process Sky ERP Export Plus includes a Shipment Log that functions as a checklist your users can follow for each shipment. The steps in the checklist can be customized to fit your company’s specific export procedure. This way you can document that each step is being developed, and you can monitor who did what for each shipment.
Sky ERP Export Plus’ built-in Export Compliance Module enables you to run compliance screenings to make sure you are not doing transaction with a person or company on any of the government’s restricted party lists, to make sure you know which documents you need to provide for each shipment, and to make sure you are informed if a deemed export license is needed. Furthermore, the outcomes of any of the screenings you run in the Export Compliance Module can be issued and are stored in an audit trail.
Sky ERP Export Plus also involves the ability to generate reports such as shipments by country, by products, or by freight forwarders in a given date range. You can utilize these reports to keep an focus on key data elements and reveal overall trends in your export under GST transactions.
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everexinfotech-blog · 5 years
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Implications for Goods and Services Tax
With the Rajya Sabha moving all the four GST rates in the parliament a week back, the nation’s biggest and revolutionary tax regime GST benefits (Goods and Services Tax) has become a reality. Boasted as the most subversive tax reform in the country after independence, features of GST is supposed to restrict transactional costs by introducing a unified tax system stirring economic growth in the long run.
With the prospects that GST features would increase the GDP by a couple of percentages, the reform in its entirety might come with a mixed bag of shocks for the common man.
Talking about its long-term impact, GST API should show a positive impact on most sectors. Based on the GST service providers implementation experience derived from other nations, India might experience an inflationary impact especially during the transition stage, which is expected to weaken with the rollout of measures such as anti-profiteering.
Yes, with the inclusion of anti-profiteering along with other counteractive measures, GST software should lead to reduced cost for most of the supplies to the end-users in the long-run.
Here’s a quick look at what the GST could imply for the common man:
Services that are expected to become expensive include:
• Mobile phone bills
• Premiums for life insurance plans
• Investment management also banking services
• Online ticket booking services
• Basic luxuries such as DTH services
Prices of the following essential services are also likely to go up:
• Healthcare
• Residential rentals
• School and educational fees
• Rail/metro commute
• Courier services
Services that might see a price decrease in most of the states are as follows:
• As the GST council has decided to include entertainment taxes in GST, movie tickets might turn cheaper in most of the states across the country.
• Eating out in restaurants/hotels may turn pocket-friendly in several states.
Vehicles and certain essential goods to witness price drop:
Under the GST tax system and the current supply chain ecosystem, the following might get cheaper:
• Two wheelers
• Luxury and SUV or premium cars
• Entry level sedans excluding small cars
Minimal impact:
Basis of the current supply chain landscape and other associated indirect taxes, the common man can expect marginal impact on white goods such as:
• Stoves
• Washing machines
• Televisions
• Shampoos
• Toothpastes
• Soaps
Prices of sin goods and aerated drinks to go higher:
The government with its determined outlook towards injurious/sin goods, intended a high tax rates on ‘sin goods’ that include cigarettes, aerated drinks and tobacco products. With a higher tax rate of around 40%, these goods may witness steep rise in their prices.
Here’s the four-tier GST tax rates
Positive impact lurking around the corner, expected in long-term!
Whilst the afore-mentioned forecasts are based on the statements/data released by government officials and authorities, it would be good to wait for the final verdict on the fitment that the GST council and government will release for a wide range of supplies and services. Nevertheless, with the enablement of anti-profiteering and other counteractive measures, GST is expected to check costs for most.
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everexinfotech-blog · 5 years
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HOW YOUR BUSINESS CAN PROFIT FROM MODERNIZING CORRESPONDENCE MANAGEMENT?
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everexinfotech-blog · 5 years
Text
Implications for Goods and Services Tax
With the Rajya Sabha moving all the four GST rates in the parliament a week back, the nation’s biggest and revolutionary tax regime GST benefits (Goods and Services Tax) has become a reality. Boasted as the most subversive tax reform in the country after independence, features of GST is supposed to restrict transactional costs by introducing a unified tax system stirring economic growth in the long run.
With the prospects that GST features would increase the GDP by a couple of percentages, the reform in its entirety might come with a mixed bag of shocks for the common man.
Talking about its long-term impact, GST API should show a positive impact on most sectors. Based on the GST service providers implementation experience derived from other nations, India might experience an inflationary impact especially during the transition stage, which is expected to weaken with the rollout of measures such as anti-profiteering.
Yes, with the inclusion of anti-profiteering along with other counteractive measures, GST software should lead to reduced cost for most of the supplies to the end-users in the long-run.
Here’s a quick look at what the GST could imply for the common man:
Services that are expected to become expensive include:
• Mobile phone bills
• Premiums for life insurance plans
• Investment management also banking services
• Online ticket booking services
• Basic luxuries such as DTH services
Prices of the following essential services are also likely to go up:
• Healthcare
• Residential rentals
• School and educational fees
• Rail/metro commute
• Courier services
Services that might see a price decrease in most of the states are as follows:
• As the GST council has decided to include entertainment taxes in GST, movie tickets might turn cheaper in most of the states across the country.
• Eating out in restaurants/hotels may turn pocket-friendly in several states.
Vehicles and certain essential goods to witness price drop:
Under the GST tax system and the current supply chain ecosystem, the following might get cheaper:
• Two wheelers
• Luxury and SUV or premium cars
• Entry level sedans excluding small cars
Minimal impact:
Basis of the current supply chain landscape and other associated indirect taxes, the common man can expect marginal impact on white goods such as:
• Stoves
• Washing machines
• Televisions
• Shampoos
• Toothpastes
• Soaps
Prices of sin goods and aerated drinks to go higher:
The government with its determined outlook towards injurious/sin goods, intended a high tax rates on ‘sin goods’ that include cigarettes, aerated drinks and tobacco products. With a higher tax rate of around 40%, these goods may witness steep rise in their prices.
Here’s the four-tier GST tax rates
Positive impact lurking around the corner, expected in long-term!
Whilst the afore-mentioned forecasts are based on the statements/data released by government officials and authorities, it would be good to wait for the final verdict on the fitment that the GST council and government will release for a wide range of supplies and services. Nevertheless, with the enablement of anti-profiteering and other counteractive measures, GST is expected to check costs for most.
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everexinfotech-blog · 5 years
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5 things to look for in your GST software !!
5 things to look for in your GST software:
1. Security
Needless to say, in today’s digital business security is one of the most significant assurances. Secure software will protect classified business information and avoid any sort of agreement that may pose a threat to your business. You need to assure that the best GST software you buy is robust not only in return filing but also from the data protection point of view as well.
2. Multi-Platform Adaptability
Under the new government, every business has to be compliant – there is little choice of a choice. The concept of invoice matching has been included which will assure that every taxable self in the value chain files his/her billing GST software on time. This will directly influence the compliance rating of businesses. Thus, to keep up with these compliance demands the GST software your purchase should be allowed on varied platforms and must be accessible from desktop, tablets or mobile phones at any point in time, increasing the ease of doing online return filing.
3. Flexibility
Many large companies are already using one version of an Enterprise Resource Planning (ERP) Software to manage their business transactions and record or report processes. Even small and medium businesses for that matter have accounting mechanisms for book-keeping. In such an environment, setting up new master data in a new application (GST online Software) is not a probable option. The GST software provider must be flexible enough to blend with existing systems and present a seamless experience.
4. Cognizance
Under the GST regime, a normal taxpayer listed in one state will have to record twenty-five returns during a financial period. If we look into the dynamics of today’s companies, most brands are pan-India or have a global client base. Taking the example of a single online seller who works all over the country, we see that he may have to record 25*29 (29 states)= 725 returns in a single year. That is an average of almost two times a day! Well, this is why any free GST software that you decide must have the intelligence to communicate the user of all possible developments coming.
5. User Interface and Reporting
Having considered all the features above, one key feature which is universally appreciated is a user-friendly user interface. For any typical business character, this means informational dashboards and Informative Reports (MIS). This will enable prompt decision making and manifest operations. Real-time information may assist you to avoid over/under stocking and may save on operation capital. Also, for many businesses, an evaluation criterion for new software is the number of clicks to perform a critical task. A Best GST software must accommodate such requirements as well and as run on a minimum user interface principle
Such software that takes care of the requirements is SKY ERP GST Plus.
Inventory Control
• Inventory Control for RM/SF/CG/FG
• Lotwise and Batchwise Inventory Control
• Location wise Inventory Control
• Check for negative stock
Order Management
• Material Requisition slip – for purchase/Procurement
• Inquiry letter/email to vendors
• Quotation Receipt from vendors with all terms and conditions
• Comparison Statement of Quotation received from vendors
• Purchase order – to vendor
• Goods receipt note(GRN)-When material received from the vendor
Job Work:
• JW with adding of material
• JW without adding of material
• Bill of Material(BOM) for JW
• Inventory Management
• Job work billing (Monthly/Periodical)
• GST Compliance for job work
GST Compliance and Consultant
• GSP (GST Suvidha Provider)
• Intra state – CGST Compliance
• Intra state – SGST Compliance
• Inter State – IGST Compliance
• Input/Output tax credit under GST
What is GST Suvidha Provider?
As a GST franchise, we provide online GST portal, through GST online application or GST web portal by GST Suvidha Provider registration. By embedding our product with advantages over other products, we have made it a habit to present our customers with only the best.
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everexinfotech-blog · 5 years
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Choosing a Document Management System: A Guide
Choosing a Document Management System: A Guide
Having an organised working environment is essential for the success of a business practice given the current difficulties such as customers and clients expecting faster response in real time and increasingly burdensome regulatory obligations. Regardless of the size of the business organisation, handling documents manually is time-consuming. and often results in data loss and enlarged response times.
Although originally, it appears that the flow of documents can be managed, it’s not really possible with the constantly increasing volume of correspondence – and it is not just paper; there are electronic communications too. This is why businesses turn to digital document management systems to help automate the process of document management.
What is a document management system?
Document management software enables the organization to convert document file to digital storage, and enhance the ability to share all type of documents and information. Document management systems are essentially electronic filing cabinets your organization can use as a foundation for organizing all digital and paper documents. Any hard copies of documents can simply be uploaded directly into the document management system with a document scanner.
With the constantly changing requirements of a business, the nature and functionality of the document management application have grown. Early document management systems used to support only a limited number of file format, but now the software has developed enough to be able to support document verification of a plethora of digital formats.
In the export industry ,content management system are used for data management of export documentation.
Choosing a document management software application depends on several factors as it needs to fit in and be adaptable to the company structure and work culture.
For those who go that extra mile to exceed expectations, we present the KDOC Plus®. It has unique features like anytime-anywhere instant accessibility for your information and a central storage hub that is secure and safe.
Here are some of the most important factors to help you make the right decision:
Scanning – Scanning is an essential element in the business and most document management system provide the feature to scan documents. However, some systems take this further by providing the ability to recognize bar codes on the documents, to make it easier to both track and store the document information.
Accessibility – The documents, once saved in the system, can be accessed by not only the machine that was used to store it but also shared across multiple users and multiple devices – especially if the document management system is cloud-based.
Storage – Data management systems store documents conveniently on a server that can be in-house, or, if its a cloud-based system, the data is stored on a cloud server. Compared to manual storage, the servers can store huge numbers of documents, and this has the ability to free up significant amounts of office space which otherwise would have been required for storage. Efficient document management systems not only store documents but through micromanagement, can reduce the required space on the server by keeping track of user management activities and archiving data quality that is not likely to be required in the quick future.
Filing structure – Document management systems should be adaptable in terms of the filing structure to suit the needs of your business. If the structure is too stringent then it may not fit into your working practices and methodologies.
KDOC is a groundbreaking document management solution used by hundreds of companies. Serving customers for over 10 years, the software enables full-text indexing, metadata and templates. Additionally, the DMS key features are enriched by version control, document searching, internationalization support and multi-workspace. Simply, it’s the ultimate DMS. The fully-featured document management software works across different platforms.
Key Features:
Uniform File and folder Naming Conventions
• Automates naming and saving. Eliminates the behavior of file Save As dialog box
• Unique ID for each Document, No duplication
• Saves before working upon the files
One Point Storage & Quick Access
• Provides single location for storage of documents and templates
• Prevents saving of files into other locations except into KDOC® centralized repository
• Provides easy retrieval even in the absence of document formatting creator
Automated Record Management
• Segregates files into working, imported, archive, historical and branch documents
• Removes unnecessary clutter from the workspace enabling easy user access management.
Simplifies Tracking and retrieval system
• Auto assigns a unique number to each document and template
• Easily assign category to your respective documents
Digitization of documents
• KDOC® plus brings your manual files into system through scanning and save all your documents (like receipt, invoice, legal files etc.) in an organized way
• After digitizing your documents you can easily preserve your important files and indexed it and fetch the required files quickly and will not be lost forever
Maximum use of past experience
• Creates centralized repository of templates and knowledge documents
• Enables saving of a document as template with ease
• Enables publication and sharing of templates list across the organization
One place storing with restricted access: Document Security
• Provides data security , by prohibiting direct access control and copy of documents
• Access control system right mechanism provide you role-based permission
• Control your hard copy print out, emailing and downloading of files
Quick Standardized email communication
• Promotes creating and replying of emails from template making the process easier and faster for the user
Improves soft copy Management
• Creates list of documents and templates based on multiple parameters
Safe and secure email records
• Facilitates moving or copying of important emails into KDOC® Plus repository
• Facilitates bulk archiving of contact specific emails
Quick retrieval of Documents and templates
• Makes profiling compulsory - either automated or semi automated
• Enables record management for easy listing, sorting and retrieval
Ensures safety of documents and templates
• Enables incremental back up of all documents and templates
• Backup and restore is easier
• Back-up files stored at secured location and copying of back-up files not possible
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everexinfotech-blog · 5 years
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HOW EXPORT DOCUMENTATION WILL INCREASE YOUR PRODUCTIVITY(Exporters India)
Export documentation software
1. What is the meaning of export?
Exports are sale of goods out of Indian custom barriers. This is not a secret, that in export-import business, people in India and in other developing countries can make the biggest profits. This is the most profitable business in India now and in the coming years.
There are many reasons for this. In short, India manufactures a wide range of products and because India is still a developing and low-cost country, then the costs to manufacture the products are very low. But the prices for those products in western developed countries are much higher.
India is becoming a new “China”. Indian Export grows fastly and India is replacing Chinese exports in many different product categories. Profit margins can be very high, sometimes 100%-300%
Currently most of the exporters of the Indian goods to the European countries. Europe is also the best market for India now. Read- where you should export.
1. What products you should export, to gain maximum profits from International markets.
2. To where you should exactly export your products?
3. How to find and reach to the buyers.
Exporting software products to foreign countries
The top 10 commodity exports in 2017 to Dubai were as follows:
1. Natural or cultured pearls, precious or semi-precious items
2. Mineral fuels, mineral oils, and products of their distillations.
3. Electrical machinery and equipment
4. Ships, boats and floating structures
5. Articles of apparel and clothing.
6. Articles of apparel and clothing
7. Machinery, mechanical appliances, nuclear reactors
8. Cereals
9. Organic chemicals
10. Articles of iron or steel
Like you see on the chart, the biggest unmatched export potential is again for diamonds, pearls, precious metals,India steel exports, leather export from India, coffee export from India and also gold items. Additionally, telephone sets & other voice/image transmission apparatus are the product that faces strong demand increase and export opportunity for Indian exporters.
There is also a stable demand for food products. Importers from Dubai are regularly importing huge volumes of rice exporters in Mumbai, coconut exporters in India and vegetables from India. Also, seafood products like shrimp exports from India are in demand by Dubai’s importers. Seafood exporters in India have great potential because Seafood has “0” import tax applied, which raises its demand by Dubai's importers.
Other exporters include red chilli exporters in India, paper exporters in India, turmeric exporters in india, indian sandstone exporters, karur home textiles exporters list, marble exporters in india, onion exporters in Mumbai, top 10 rice exporters in india , non basmati rice exporters in india, basmati rice exporters in india, spices exporters in Mumbai, turmeric powder exporters, sesame seeds exporters cashew nuts exporters, red onion exporters, wooden handicrafts exporters, textile exporters in Mumbai, cotton yarn exporters, dry fruits exporters, honey exporters in india, granite exporters in india, spices exporters in india, jute bags exporters,fresh vegetables exporters,meat exporters in india, flower exporters in india, agro products exporters, stainless steel exporters, artificial jewellery exporters, chemical exporters, fabric exporters, denim jeans exporters, leather exporters in mumbai ,garment exporters in Mumbai, pharmaceutical exporters in india, shampoo exporters, food exporters in Mumbai, designer kurtis exporters, coriander seeds exporters, cumin seeds exporters, mushroom export from india, car export from india, chemical export from india, fruit export, furniture export from india
an opportunity exists also with handicraft items because now the construction speed in Dubai is growing rapidly, leading to the demand for interior decoration products.
Exporting software products to foreign countries
This business model is especially lucrative for people from India. In India, there are a lot of qualified software engineers. Because Average Indian software engineer still earns much lower, that he/she could earn in European countries or In the USA, then there exist good business opportunity.
Build a small team of IT engineers and start producing software products to foreign companies and export software products to foreign country companies. A lot of European companies need apps, websites and other software products and they agree to outsource it from foreign countries. India software exports are in demand across the globe. They include India’s biggest export and India main exports.
This classifies as a export service, in this case, you do not need any kind of export license. You are developing software and delivering that to your client online.
What Is export documentation?
The documentation required for export of goods is known as export documentation.For export sales there are export registration required.Companies are required to pay export tax in India at a specified export rate. Export subsidy rate is given to eligible exporters. There are various export intensive scheme by export promotion council registration.There is lot of export benefits in India.
Introduction to Export Documentation Software
• Sky Export as the name it self represents it is software designed to take care of all your export Documentation.
• The export document software covers all the bill of export operation,from start to end.
• The software for export documentation is well divided in to two parts ,one take cares of your preshipment activity and second will take care of your postshipment
• Various reports are designed for data mining.
Masters
Transactions( Preshipment Postshipment )
Reports
Master
Master are used for entry automation
Once the entry is placed in master it will display the same entry at the time of the respective transaction.
For ex:-When you add marks entry in the marks master it will display the same entry at the invoice ,you can select different marks from the master hence it avoids the entry duplication and saves your precious time.
Order Acceptance : It is generated when an order from a foreign buyer is accepted.
Proforma Invoice: It can be used as sales contract or as invoice for items sent on approval basis.
Pre shipment Details
It is Pre – Documentary Hub which act as a Parents of all Export Documentation Invoice that creates in favor of Seller obligation
Invoice
Invoice, a commercial document issued by Exporter to Importer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products the seller had provided the Exporter.
Packing List
It shows the details of the goods contained in each parcel/shipment.
Custom Invoice
Mainly needed for countries like USA, Canada, etc. It is prepared on a special form being presented by the Customs authorities of the importing country. It facilitates entry of goods in the importing country at preferential tariff rate.
Certificate of Origin (7Chambers)
A certificate of origin (CO) is a document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product, its destination, and the country of export service. Required by many treaty agreements for cross-border trade
Shipping Instructions
A shipping instruction (SI) or the shipping bill for export document, is provided by an Exporter to the customer, containing details of the cargo to be shipped and the requirements for its physical transportation.
E – Way Bill Bulk
Bulk e-way bill generation facility is a simple solution for generating multiple e-way bills/consolidated e-way bills as well as to update multiple e-way bills in a one-time process.
Post-shipment Document
Commercial Invoice
Document required by customs to determine true value of the imported goods, for assessment of duties and taxes.
Commercial Packing List
A packing list is used as part of a customs declaration to document the number of items within your shipment, along with their dimensions and weight, and the number of cartons that the goods are shipped in
Bank of Exchange
It is a document contemplated by or consisting of a contract, which promises the payment of money without condition, which may be paid either on demand or at a future date
Shipment Advice
Letter sent by an exporter to a foreign buyer informing that the shipment of the ordered goods is on its way. Its helps to track the goods as per details and importer can plan import clearance procedures accordingly
Letter to Bank
It is a commitment of the importer's bank to pay a specified amount in return for the documents stipulated in the letter of credit and presented by your company through Bank Millennium
Letter of Credit: This term is more secured for both the parties.This is term which majority of exporters and importers prefer.L/C is opened by the importer party and is forwarded to exporter.The bank of importer party after import export registration would give letter of credit stating that the payment for the goods will be made by the bank on receipt of goods.It means that the exporter party is secured for money and the importer is secured for goods.
Commercial Invoice:
Commercial invoice can be generated for Buyer and for the bank.User can change the details of commercial invoice as per buyer requirement.
Reports, Registers and Returns
Sky Export Plus" creates all the reports that you would require in your export business. The facility of generating various MIS Reports keeps you in control of the performance of your business or organization. Following reports can be created by Sky Export Plus
• Import Export Registration
• Currency wise Exports
• Consignee master printing
• User defined reports
• Incentive Registers
• LC Register
Advance License Status report
• Council returns
• Consignee wise Exports
• Country wise Exports
• Item wise Exports
• Pending Order details
• FOB Sales report
• Outstanding payment report Advantages of Sky Export Plus
• It offers excellent flexibility at different stages of documentation
• Systematic flow of data avoids duplication of work
• Faster generation of documents
• Validation avoids the chance of errors
• LC Expiry and last date of shipment alarming
• User friendly interface makes the understanding of the software easy for layman as well
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everexinfotech-blog · 5 years
Text
What is the importance of value education for students?
“An investment in education pays the best.” - Benjamin Franklin
In this blog, we explore 7 behaviors in which the importance of education in life impacts society, workforces and graduates.
1) Importance of technology in education
The current workplace is in a constant state of evolution. Even within the last decade, job roles and the skills required to succeed in they have varied enormously, with the need of education technology being a key factor.
Personnel needs to regularly evaluate their work-related skills and take opportunities for continued education, which should be supported by their employers.
The higher education sector is pivotal in giving instruction to people at all stages of their careers, from undergraduates and recent graduates to senior managers
This outcome depends on high-quality and available continued employee concept of educational technology and nature of educational technology and training for the workplace.
What is the importance of corporate training?
What are the important software courses?
2) Innovation management and Innovation process
A principal role of higher education in India is to stimulate innovation, with the aim of finding solutions to global challenges in areas that matter to society, such as healthcare, environmental protection, resource security, international development, and population preferences.
Many of the examples of innovation of modern years, including augmented reality, self-driving cars, combination therapies for HIV and cloud computing were all born from research which took place at universities. Innovative solutions and new innovations absolutely have high economic value, but they also enrich our health, work and affect us socially.
3) Technology changing the face of education
Applicants are met with a highly-competitive job market, in which their qualifications might not be enough to secure the class of work they desire. As the economy moves towards competency-based recruitment, with its focus on skills and experience beyond pure academics, graduates and established professionals must be loaded with the tools in educational technology in India,  they need to find and succeed at work.
Higher education scholarship is critically important here. Universities ought to be proactive in arranging opportunities for current students to develop industry expertise during work experience and internships. In addition, technological and workplace skills training ought to be taught adjacent to an academic curriculum.
Knowledge really is power, but it’s not just about formal academic qualifications. Broad employability skills help improve graduates give employers precisely what they need: technologically-minded workers who are flexible, organized, and capable.
In addition, IT training institutes are ideally-placed to offer employability preparation to people looking to change careers or apply for new roles, who need an update to their existing skills. Advanced courses for experienced professionals also serve an exciting intersection concerning education research and development organization
What are the benefits of e-learning education?
4) Impact of technology on education
As digitization alters the landscape for working professionals, higher education portal can provide them with the opportunity to enhance their current knowledge and acquire new skills. For employers, this has a positive influence on productivity, output, and staff morale. It also encourages companies to drive efficiency and thus profitability.
Offering professional development opportunities to employees also enables companies to distinguish potential leaders for the future. Staff who are receptive to continuing types of educational technology and show an interest in courses that suit their long-term career plan are the ones to watch.
For businesses, this can present assurance that future leaders are well-trained and fully-equipped to inspire continued success.
What are the benefits of online education certifications?
5) Use of technology in education
Education technology news  is that graduates with the best knowledge and skills have the ability to demand higher salaries, as they are equipped to contribute significant contributions to the revenue and growth of the companies they work for.
6) Collaborate Between Education and Business
Businesses, which have been decreasing their spending on early-stage research for more than 30 years has increasingly shifted to universities to perform that role, as they grant a path to the best scientific and engineering minds in specialized areas. Meanwhile, limited government support of academic research has made universities extra receptive to private investment and industrial collaboration.
It’s helpful for academies and their collaborative partners in the industry to be geographically close in order to create research hubs that attract the best academics and sustained industrial investment.
A crowning example of this theory is the relationship between Stanford University and Silicon Valley. Several of the high-profile tech companies have their headquarters in the area, including Apple, Alphabet (the parent company of Google), Facebook, Twitter, Cisco, AMD, and Intel. This collaborative space has produced many of the most interesting technological innovations of recent times and provides an invaluable precedent for alliances elsewhere.
Why is corporate training important for a business?
7) Feed into a Knowledge-Based Economy
A knowledge-based economy is determined by dependence on a highly-skilled, well-educated, and technically-minded, think and learn workforce. It makes use of advancements in the role of technology in education alongside intellectual capital to move off from material consumption and aim toward an economy constructed on knowledge and academic research.
The higher education sector is an essential partner to the knowledge-based economy. As the root of advanced learning and new information from research and development in India, universities help equip the workforce of tomorrow while supporting the innovations of today.
Knowledge creation has been recognized by economists as a key driver of economic growth. This is largely due to higher efficiency in various forms. Highly-skilled staff demands less supervision, are more productive, and add greater value to the technological environment of business.
What are the benefits of industrial training?
What are the benefits of online learning?
Conclusion
The higher education sector has a wide-ranging, proven impact on the economy. Its convergence with business provides commercial value to innovation, while academic instruction and skills training help individuals and organizations to have the means to succeed in a knowledge-based economy.
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everexinfotech-blog · 5 years
Text
What is GST software? And What are the benefits of GST software?
Sky ERPGST Plus
The enormously talked about GST implementation has become a reality. The Goods and Service Tax, a unprecedented and revolutionary step in the Indian taxation system, is being proclaimed as the biggest tax reform in India. GST will add to the economic growth and bring simplicity in the way businesses operate by replacing existing Indirect taxes such as Excise, Value Added Tax (VAT), Service Tax, etc., into one taxation policy. However, for businesses to proceed to function smoothly, their ERP solution/ accounting software will have to be GST-ready. GST invoice billing software’s are rampant in the market and free GST billing software in excel are being used by individuals to file GST.
A GST ready software solution ought to have completely re-engineered the Tax Rule Engine, consolidating the new data.
·        Updating Master Data Information: GST has completely overhauled the taxation in India. Under the new arrangement, tax rates will vary in regard to the charge of tax, point of supply of goods and services and time of supply. In accordance with these changes, your GST reconciliation software should have all updated master records information such as Inventory, Warehouse Information, Customer’s Bill To and Ship To Addresses, etc.
·        Connecting new Reporting and Workflow systems:. The GST-ready ERP system should have new robust workflow systems to effectively manage the consolidation of taxes and ensure timely submission.                                        
·        GST billing software is a prerequisite for organizations to ensure that they’re following GST norms. Apart from the above GST compliances, businesses will benefit from a cloud-based ERP solution
Sky ERP GST Plus is the best GST software in India that is a Inventory Management software with Order Processing and job work along with full GST compliance. We provide a free GST software demo to all interested parties. Inventory management software free demos are just a click away.
What is inventory Management and Inventory management definition?
Inventory management is the supervision of non-capitalized assets (inventory) and stock items. A component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.
Importance of Inventory Management
Inventory management system is important to all businesses because it helps them prevent stock outs, manage multiple locations, and ensure accurate recordkeeping. An inventory management system software makes these processes easier than trying to do them all manually.
Sky ERP GST plus is the best inventory management software that allows you to control stock levels and movement of stock over all stores of your organization. It also provides seamless reconciliation of marketing operations to maintain consistency throughout your company.
Sky ERP GST Plus provides an user defined dashboard wherein which users can chose what is to be displayed on the dashboard along with master data is set with product master and party master with HSN code and other details.
The Order processing module consists of the following:
Purchase requisition
Request for Purchase is sent through Purchase requisition slip.
Inquiry Details
Then the inquiry for the purchase are made here.
Quotation Received
Quotation are received from different suppliers      
Quotation Approved
A quotation is approved
Purchase Order
Easily create purchase orders for your vendors to include payment terms, quantity and other purchase information; available in multiple currencies. HSN code for product in GST is also included here.
Goods Receipt Note
Provide your vendors with a delivery receipt of purchased goods, while mapping – respective purchase orders, applied discount rates, and payment details
Purchase order for Job work      
Purchase order for job work can also be created here.
Sky ERP GST plus  offers the best in its class environment for you to manage all your purchase processes, such as creating purchase orders, receiving goods, making payments, and allowing you to return defective goods with financial devices. You can create, monitor, and maintain all key order information of your purchases, ensuring that each purchase order is authentic and authorized. By connecting your purchase order to inventory control, you can obtain exact stock quantities, movement history, seasonal trends, and supplier lead points.
Purchase Invoice
A purchase invoice can be used to prove that something was bought and how much was paid for it. An invoice is generated for the corresponding Purchase order.
Purchase return
A purchase return transaction is when the buyer of merchandise, inventory, fixed assets, or other items sends these goods back to the seller..
Credit/Debit note
When goods supplied are returned or when there is a revision in the invoice value due to goods (or services) not being up to the mark or extra goods being issued a Debit Note or Credit Note is issued by the supplier and receiver of goods and services.
Input services
If there is a service rendered, then also there is a provision for Input services in the software. GST on software services
Stock Issue & Stock receive
Automate and dynamically manage all stock operations such as inter-store stock transfer, stock issue, stock adjustment and auto shipment for complete information about the stock status and movement. It helps you manage stock allocations to multiple stores across locations with the centralized purchasing system.
Concept of Inventory Management and functions of inventory management
Need of Inventory management software has not be as acute as today. The inventory management process consists of the following:
Production
Issue for production
Along with party detail, the product details also get registered here.
Receipt of goods
The receipt of goods for production is visible here. Along with whether it is own factory or job work has to be chosen here. The challan no. is issued along with making a recording of scrap quantity. There is also a provision for recording the BOM Details.
The Job work module consists of the following:
Work Order
Work order no. along with consignee name and product details get recorded here.
Receipt for job work
Receipt of job work along with the rate and quantity get defined here.
Issue from Jobwork
Issue of job work along with the Issue slip no. and client name along with balance qty and wastage qty also get shown here.
Dispatch Challan
The dispatch challan contains the details of the challan details like consignee, addresses   and product details
Jobwork Invoice
It can be obtained through dispatch challan or work order. Containing job work details and product details.
Sales
Sales and Billing Management consolidates the records of all products and services furnished to customers and manage the history of all past transactions associated with them. To make things trouble free, Sky ERP GST plus organizes these by grouping various products in a single invoice for customers.
Draft Order
Initially, order is drafted with client details and product details.
Costing
Total cost is calculated here by quantity multiplied by units sold.  THE BOM along with labor cost is calculated here.
Sales Order
Easily create sales orders for your customer, including payment terms and complete sales information, as in customer quotation and purchase orders
It will show the order details, client PO details, and product detail.
Delivery challan
It contains the challan details and Product details.
Sales Invoice
Generate automated sales invoices including calculating sales tax, finance charges and discounts based on payment terms-either on a one-time or on a recurring basis
Supplementary Invoice
Supplementary tax invoice is a type of invoice that is issued by a taxable person in case where any deficiency is found in a tax invoice already issued by a taxable person.
Commercial invoice
Invoice refers to a commercial document issued by the supplier to the buyer containing the details of goods and/or services supplied to him & notify the buyer that payment is due.
Sales Return
Recipient returns the goods to the supplier.
Debit/Credit note-rate difference
Generate a “Credit Note” for customers to use against sales invoices, if you need to refund your customers on a credit basis in order to get a refund in purchases.
Output Services
Any services provided are to be recorded here. It has client detail, product details and terms and narration
E-Way Bill Bulk
E-Way Bill is an Electronic Way bill for movement of goods to be created on the eWay Bill Portal. A GST listed person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill.
We can generate bulk e-way bill through our software generated as a JSON file.
Sky ERP GST plus incorporates the entire sales/billing management cycle by enabling you to place a sales order, generate an invoice, and receive payment. The linking of an invoice and a sales order provides you an understanding into the sales process. It also presents a refund facility for customers on a credit basis through the ‘Credit Note’ function.  Sky ERP GST plus ERP System can seamlessly handle ‘blanket sales’ orders for products that are purchased and dispensed over time.
Vouchers
Different types of vouchers are obtained here. The voucher no. and voucher date has to be entered along with party or vendor details and product details are to be entered. The different vouchers obtained are as follows:
Advance receipt and advance payment
An advance payment is a type of payment that is made ahead of its normal schedule, such as paying for a good or service before you actually receive the good or service. Second, advance payments can refer to any required payment that is due prior to the receipt of the requested goods or services.
Refund of receipt and refund of payment
Refund voucher is to be issued in the case of withdrawal of service or sale and a receipt voucher at the time of receipt of advance under GST.
Receipt Adjust & Payment Adjust
In the receipt adjust voucher the amount adjusted on advance receipt or advance payment is recorded here.
Reports
Our software helps in the creation of 167 types of MIS reports .A few of them are as follows namely
Purchase reports
There are various registers Purchase register, purchase return register, Purchase unregistered register and input service register.
Production reports
There is a BOM Consumption report.
There is annexure IV and annexure V report. Also, there is a process-wise report that can be obtained.
Job work reports
There is work order register. Dispatch challan register and job work invoice register.
Sales reports
There are SO variance sales order, sales register and sales return reports to name a few
Inventory reports
There is a stock register and there is Batch/lot register. Entries can also be made batch wise or lot wise.
Sky ERP GST Plus is complete GST compliant software. The following GST returns are obtained:
GST Returns
GST returns are auto populated in SKY ERP GTS plus. There are various GSTR returns form that have to be submitted online.
GSTR-1 is a monthly return that summarizes all sales (outward supplies) of a taxpayer
GSTR-2
GSTR 2A is a purchase-related tax return that is automatically created for each business by the GST portal. When a seller files his GSTR-1, the information is captured in GSTR 2A. It takes the information of goods and/or services which have been purchased in a given month from the seller's GSTR-1
GSTR-3B
Filing GSTR 3B form is mandatory for all those who have registered for the Goods and services tax.
GST ITC-04
It must include the details of challans with respect to the following-
·Goods dispatched to a job worker or
·Received from a job worker or
·Sent from one job worker to another
GSTSuvidha provider:
GST Suvidha Provider (GSP) GSP stands for GST Suvidha Provider. A GSP is a service provider who helps the taxpayer to comply with the provisions of the GST law through its web platform. The GSPs can also develop application software’s which will be used by taxpayers for interacting with the GSTN. We are aGST Suvidha Provider and the software used is Sky ERP GST Plus.
The right utilization of the ERP system is vital for any business. With the addition of new GST reforms, the relevant implementation of the new procedures in the ERP system is one of the more critical tasks.
However, if done accurately, it would not only serve to promote your business and make things simpler for you. The advantage of inventory management is infinite. The process might seem complex, but things are simpler than they look. Above all, if you integrate GST accounting with ERP now, you are less likely to feel intimidated about all the paperwork and compliances. Sky ERP GST Plus seamlessly integrates with Tally. Tally GST software is the most widely used accounting software for GST. Tally with Sky ERP GST software is the need of the hour.  It will be one of those business decisions you'll be glad you took. Sky ERP GST Plus provides 24/7 support throughout the year. Our strong support team helps in giving 24/7 support to all our clients. We offer the best support services compared to Tally ERP 9 GST software and other software like Marg GST software and busy accounting software for GST.
We are also very competitively priced compared to other ERP software like SAP inventory Management software and Tally ERP with GST software or busy GST software price or Marg GST software price. Are there any free GST billing software and free GST accounting software India? That seems to be the most widely searched topic on the net. The Indian government provides a free GSTbilling software and free GST accounting software for a particular time period.
Why to stifle your business by holding it aloof from exceptional enterprise technology? Yes, today it has become a need of the hour for firms to walk hand-in-hand with emerging technologies for staying competent the impacts of any disruptive shifts and Sky ERP GST Plus is one such tool that is successfully helping businesses achieve that.
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everexinfotech-blog · 5 years
Text
Projects successfully launched for Ministry of Textiles
2 centralized web portals ‘Handloom Weaver Information System ’ & ‘ Handloom Cluster Information System’ (www.handloomcensus.gov.in) which create a precise data repository of the Weaver Households involved in India’s handloom industry, along with a ready-to-use MIS, were successfully delivered for the Handlooms Development Commission, Ministry of Textiles, Government of India. This project was launched in New Delhi on 19th April 2016 by Shri Santosh Kumar Gangwar, Minister of State, Ministry of Textiles.
A related standalone marketing web portal ‘India Handmade Bazaar’ (www.indiahandmadebazaar.com) for facilitating Weavers/ Artisans to create their personal profile and register their products, was launched in Shillong on 29th January 2017 by Shrimati Smriti Zubin Irani, Union Textiles Minister, Ministry of Textiles.
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everexinfotech-blog · 5 years
Text
Everex Infotech selected as a Master Franchise for Hazel GSP
Hazel GSP is an official GST Suvidha Provider chosen by the GSTN (Goods and Service Tax Network). GSPs act as a middle layer between GSTN and Software applications used to submit purchase-sales invoices and file GST returns.
GSTN on-boarded 69 GSPs based on a rigorous selection process, involving evaluation of financial ability and IT capability needed to deliver necessary services to tax payers and help them become GST compliant in the new GST regime. These GSPs thus, are a shortlist of India’s best IT companies.
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everexinfotech-blog · 5 years
Text
Cloud Optimization
When the famous poet William Wordsworth wrote I wandered lonely as a cloud, That floats on high o’er vales and hills he might have never imagined even in his wildest dreams that cloud might one day refer to computers, information technology (IT) and software applications access through a network/internet connection.
Cloud is a vast network of remote servers around the globe which are hooked together and meant to operate as a single ecosystem. IT resources, services, storage, backup, software program applications or an entire infrastructure can live in the cloud.
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everexinfotech-blog · 5 years
Text
Artificial Intelligence
While movies and science fiction novels depict AI as the cruel machines or robots that take over the world, travel across space and time, can track and has answers to every query, can cause mass destruction, etc these are only over-imaginative
science fiction. In reality AI is not that horrific – or that advanced either. In current times, AI has evolved and is evolving to provide numerous benefits in every industry be it medicine, technology, stock markets, manufacturing, travel, knowledge management, etc.
Unlike the hype of AI, you do not have to be an Einstein or have a data science degree or tech background to understand AI. What is more important is to understand its benefits and the ROI it can provide. AI does not actually mean making the machines intelligent, it means making the machines smart to help humans work smarter and make life simpler.
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everexinfotech-blog · 5 years
Photo
Tumblr media
Sky ERP - GST Plus is a comprehensive web based application that lets you gain better control in business operations related to GST Compliance. Giving you extra benefits and plus features, the GST Plus has all the features of our GST API and additional advantages for those who want more out of life. This software is designed predominantly to reduce overheads, improve efficiency and manage non-core business functions while ensuring that all GST calculations are compiled for all the following features too.
#Gst #Inventory #Management #Gst #compliance
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everexinfotech-blog · 5 years
Text
What is GST software? And What are the benefits of GST software?
Sky ERPGST Plus
Tumblr media
The enormously talked about GST implementation has become a reality. The Goods and Service Tax, a unprecedented and revolutionary step in the Indian taxation system, is being proclaimed as the biggest tax reform in India. GST will add to the economic growth and bring simplicity in the way businesses operate by replacing existing Indirect taxes such as Excise, Value Added Tax (VAT), Service Tax, etc., into one taxation policy. However, for businesses to proceed to function smoothly, their ERP solution/ accounting software will have to be GST-ready. GST invoice billing software’s are rampant in the market and free GST billing software in excel are being used by individuals to file GST.
A GST ready software solution ought to have completely re-engineered the Tax Rule Engine, consolidating the new data.
•        Updating Master Data Information: GST has completely overhauled the taxation in India. Under the new arrangement, tax rates will vary in regard to the charge of tax, point of supply of goods and services and time of supply. In accordance with these changes, your GST reconciliation software should have all updated master records information such as Inventory, Warehouse Information, Customer’s Bill To and Ship To Addresses, etc.
•        Connecting new Reporting and Workflow systems:. The GST-ready ERP system should have new robust workflow systems to effectively manage the consolidation of taxes and ensure timely submission.                                        
•        GST billing software is a prerequisite for organizations to ensure that they’re following GST norms. Apart from the above GST compliances, businesses will benefit from a cloud-based ERP solution
Sky ERP GST Plus is the best GST software in India that is a Inventory Management software with Order Processing and job work along with full GST compliance. We provide a free GST software demo to all interested parties. Inventory management software free demos are just a click away.
What is inventory Management and Inventory management definition?
Inventory management is the supervision of non-capitalized assets (inventory) and stock items. A component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.
Importance of Inventory Management
Inventory management system is important to all businesses because it helps them prevent stock outs, manage multiple locations, and ensure accurate recordkeeping. An inventory management system software makes these processes easier than trying to do them all manually.
Sky ERP GST plus is the best inventory management software that allows you to control stock levels and movement of stock over all stores of your organization. It also provides seamless reconciliation of marketing operations to maintain consistency throughout your company.
Sky ERP GST Plus provides an user defined dashboard wherein which users can chose what is to be displayed on the dashboard along with master data is set with product master and party master with HSN code and other details.
The Order processing module consists of the following:
Purchase requisition
Request for Purchase is sent through Purchase requisition slip.
Inquiry Details
Then the inquiry for the purchase are made here.
Quotation Received
Quotation are received from different suppliers      
Quotation Approved
A quotation is approved
Purchase Order
Easily create purchase orders for your vendors to include payment terms, quantity and other purchase information; available in multiple currencies. HSN code for product in GST is also included here.
Goods Receipt Note
Provide your vendors with a delivery receipt of purchased goods, while mapping – respective purchase orders, applied discount rates, and payment details
Purchase order for Job work      
Purchase order for job work can also be created here.
Sky ERP GST plus  offers the best in its class environment for you to manage all your purchase processes, such as creating purchase orders, receiving goods, making payments, and allowing you to return defective goods with financial devices. You can create, monitor, and maintain all key order information of your purchases, ensuring that each purchase order is authentic and authorized. By connecting your purchase order to inventory control, you can obtain exact stock quantities, movement history, seasonal trends, and supplier lead points.
Purchase Invoice
A purchase invoice can be used to prove that something was bought and how much was paid for it. An invoice is generated for the corresponding Purchase order.
Purchase return
A purchase return transaction is when the buyer of merchandise, inventory, fixed assets, or other items sends these goods back to the seller..
Credit/Debit note
When goods supplied are returned or when there is a revision in the invoice value due to goods (or services) not being up to the mark or extra goods being issued a Debit Note or Credit Note is issued by the supplier and receiver of goods and services.
Input services
If there is a service rendered, then also there is a provision for Input services in the software. GST on software services
Stock Issue & Stock receive
Automate and dynamically manage all stock operations such as inter-store stock transfer, stock issue, stock adjustment and auto shipment for complete information about the stock status and movement. It helps you manage stock allocations to multiple stores across locations with the centralized purchasing system.
Concept of Inventory Management and functions of inventory management
Need of Inventory management software has not be as acute as today. The inventory management process consists of the following:
Production
Issue for production
Along with party detail, the product details also get registered here.
Receipt of goods
The receipt of goods for production is visible here. Along with whether it is own factory or job work has to be chosen here. The challan no. is issued along with making a recording of scrap quantity. There is also a provision for recording the BOM Details.
The Job work module consists of the following:
Work Order
Work order no. along with consignee name and product details get recorded here.
Receipt for job work
Receipt of job work along with the rate and quantity get defined here.
Issue from Jobwork
Issue of job work along with the Issue slip no. and client name along with balance qty and wastage qty also get shown here.
Dispatch Challan
The dispatch challan contains the details of the challan details like consignee, addresses   and product details
Jobwork Invoice
It can be obtained through dispatch challan or work order. Containing job work details and product details.
Sales
Sales and Billing Management consolidates the records of all products and services furnished to customers and manage the history of all past transactions associated with them. To make things trouble free, Sky ERP GST plus organizes these by grouping various products in a single invoice for customers.
Draft Order
Initially, order is drafted with client details and product details.
Costing
Total cost is calculated here by quantity multiplied by units sold.  THE BOM along with labor cost is calculated here.
Sales Order
Easily create sales orders for your customer, including payment terms and complete sales information, as in customer quotation and purchase orders
It will show the order details, client PO details, and product detail.
Delivery challan
It contains the challan details and Product details.
Sales Invoice
Generate automated sales invoices including calculating sales tax, finance charges and discounts based on payment terms-either on a one-time or on a recurring basis
Supplementary Invoice
Supplementary tax invoice is a type of invoice that is issued by a taxable person in case where any deficiency is found in a tax invoice already issued by a taxable person.
Commercial invoice
Invoice refers to a commercial document issued by the supplier to the buyer containing the details of goods and/or services supplied to him & notify the buyer that payment is due.
Sales Return
Recipient returns the goods to the supplier.
Debit/Credit note-rate difference
Generate a “Credit Note” for customers to use against sales invoices, if you need to refund your customers on a credit basis in order to get a refund in purchases.
Output Services
Any services provided are to be recorded here. It has client detail, product details and terms and narration
E-Way Bill Bulk
E-Way Bill is an Electronic Way bill for movement of goods to be created on the eWay Bill Portal. A GST listed person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill.
We can generate bulk e-way bill through our software generated as a JSON file.
Sky ERP GST plus incorporates the entire sales/billing management cycle by enabling you to place a sales order, generate an invoice, and receive payment. The linking of an invoice and a sales order provides you an understanding into the sales process. It also presents a refund facility for customers on a credit basis through the ‘Credit Note’ function.  Sky ERP GST plus ERP System can seamlessly handle ‘blanket sales’ orders for products that are purchased and dispensed over time.
Vouchers
Different types of vouchers are obtained here. The voucher no. and voucher date has to be entered along with party or vendor details and product details are to be entered. The different vouchers obtained are as follows:
Advance receipt and advance payment
An advance payment is a type of payment that is made ahead of its normal schedule, such as paying for a good or service before you actually receive the good or service. Second, advance payments can refer to any required payment that is due prior to the receipt of the requested goods or services.
Refund of receipt and refund of payment
Refund voucher is to be issued in the case of withdrawal of service or sale and a receipt voucher at the time of receipt of advance under GST.
Receipt Adjust & Payment Adjust
In the receipt adjust voucher the amount adjusted on advance receipt or advance payment is recorded here.
Reports
Our software helps in the creation of 167 types of MIS reports .A few of them are as follows namely
Purchase reports
There are various registers Purchase register, purchase return register, Purchase unregistered register and input service register.
Production reports
There is a BOM Consumption report.
There is annexure IV and annexure V report. Also, there is a process-wise report that can be obtained.
Job work reports
There is work order register. Dispatch challan register and job work invoice register.
Sales reports
There are SO variance sales order, sales register and sales return reports to name a few
Inventory reports
There is a stock register and there is Batch/lot register. Entries can also be made batch wise or lot wise.
Sky ERP GST Plus is complete GST compliant software. The following GST returns are obtained:
GST Returns
GST returns are auto populated in SKY ERP GTS plus. There are various GSTR returns form that have to be submitted online.
GSTR-1 is a monthly return that summarizes all sales (outward supplies) of a taxpayer
GSTR-2
GSTR 2A is a purchase-related tax return that is automatically created for each business by the GST portal. When a seller files his GSTR-1, the information is captured in GSTR 2A. It takes the information of goods and/or services which have been purchased in a given month from the seller's GSTR-1
GSTR-3B
Filing GSTR 3B form is mandatory for all those who have registered for the Goods and services tax.
GST ITC-04
It must include the details of challans with respect to the following-
·Goods dispatched to a job worker or
·Received from a job worker or
·Sent from one job worker to another
GSTSuvidha provider:
GST Suvidha Provider (GSP) GSP stands for GST Suvidha Provider. A GSP is a service provider who helps the taxpayer to comply with the provisions of the GST law through its web platform. The GSPs can also develop application software’s which will be used by taxpayers for interacting with the GSTN. We are aGST Suvidha Provider and the software used is Sky ERP GST Plus.
The right utilization of the ERP system is vital for any business. With the addition of new GST reforms, the relevant implementation of the new procedures in the ERP system is one of the more critical tasks.
However, if done accurately, it would not only serve to promote your business and make things simpler for you. The advantage of inventory management is infinite. The process might seem complex, but things are simpler than they look. Above all, if you integrate GST accounting with ERP now, you are less likely to feel intimidated about all the paperwork and compliances. Sky ERP GST Plus seamlessly integrates with Tally. Tally GST software is the most widely used accounting software for GST. Tally with Sky ERP GST software is the need of the hour.  It will be one of those business decisions you'll be glad you took. Sky ERP GST Plus provides 24/7 support throughout the year. Our strong support team helps in giving 24/7 support to all our clients. We offer the best support services compared to Tally ERP 9 GST software and other software like Marg GST software and busy accounting software for GST.
We are also very competitively priced compared to other ERP software like SAP inventory Management software and Tally ERP with GST software or busy GST software price or Marg GST software price. Are there any free GST billing software and free GST accounting software India? That seems to be the most widely searched topic on the net. The Indian government provides a free GSTbilling software and free GST accounting software for a particular time period.
Why to stifle your business by holding it aloof from exceptional enterprise technology? Yes, today it has become a need of the hour for firms to walk hand-in-hand with emerging technologies for staying competent the impacts of any disruptive shifts and Sky ERP GST Plus is one such tool that is successfully helping businesses achieve that.
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