Colorlib Template

About Finventory

Running a business, big or small, without a robust inventory management system is next to impossible. If you don’t know the goods you have in stock, you risk losing a sale or worse, the customer itself. A good inventory control system is important for the visibility of goods, preventing stock-outs, and having an idea of the value tied up in the stock at any given time.

An accounting term, inventory refers to the goods in the process of being sold to the customer. It includes raw materials, works in progress, and finished goods. Hence, goods at every level are referred to as inventory. For most firms, their inventory is their single biggest current asset and one which is expected to sell within a year’s time.

Download Now

What is Finventory?

An accounting term, inventory refers to the goods in the process of being sold to the customer. It includes raw materials, works in progress, and finished goods. Hence, goods at every level are referred to as inventory. For most firms, their inventory is their single biggest current asset and one which is expected to sell within a year’s time.

  • Finventory is a multi-level inventory management software for all kind of traders , manufacturers , distributors and processing house.
  • This software maintains stock at all levels whether it is raw material or semi-finished or finished goods.
  • It comes from a well known software company Mangalam . A company with an experience of 30 + years.
  • A company well known for its after sales support.
  • The software has five main modules viz Add/Modify , Reports , Masters , Approvals and Setup.
  • Add/Modify module includes Opening Stock,Purchases,Returns,Sales,Returns,Issue,Receipts and Consuption-Production.
  • Apart from the other reports the report module has Stock Ledger , Stock Details and Stock Summary.
  • Almost all the reports are exportable to excel , html , pdf and are directly printable. There are various advance options like selection of Parties , Items and/or the user defined groups.
  • The reports can be sorted Partywise-Itemwise-various Groupwise – Salerate wise with selection of selective groups or even columns are user definable.
  • For example an Icecream distributor can get the detailed stock of 1kg block of chocolate icecream of different brands with different selling price with lot numbers or
  • A textile trader can get a report of black , cotton , XL size various tops of different rates and patterns and brands or
  • A flour manufacturer can get the details of stock of grains sorted on date of purchase and grade and simultaneously he can get the stock of flour based on batch no, lot no , mfg date , moisture content along with packing details.