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Multiple Companies

You have the capacity to establish and manage financial transactions and reports across companies, whether they are between sites that are on the same street or in other countries. The ability to set up many companies in one database, conduct procedures, close books, and present results by company or in a consolidated company is provided by Techo ERP's multi-company accounting.

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Invoicing

Invoicing and controlling accounts are made simple with TechoERP . With the help of our accounting software, you can start personalizedstatements to your clients and accept payments in a variety of currencies. You can easily create professional invoices. You can alter invoice templates to better represent your brand by altering the fonts and adding your company logo. Your invoice fields are pre-validated and uploaded to the IRP in the required format. Your consumers will always have a choice that suits their needs, from cash to check to the web. For your regular clients, establish recurring invoices and credit cards so they can pay safely.

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Projects

Searching for a quick way to record project hours? Project management is made simple by TechoERP by offering you access to features like time tracking, role-based access to track time, keeping track of project spending, and creating invoices right from the project. You won't ever have to waste any billable time with TechoERP. We makes it possible for you to control and manage multiple projects by letting you create new projects, add tasks for each project, and assign specific tasks to your employees. You can either log the amount of time you spent on a project daily or weekly, or use the timer widget to clock the time you spend.

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Sales Order

An internal document created by a seller for processing a customer order is called a sales order. The document essentially converts the format of the customer's purchase order into the one that the supplier uses. The sales order is then utilised for a number of things, such as initiating a work order for unit building, the credit department approving credit, and a picking operation to remove items from stock. If a business uses an electronic order processing system, a sales order is saved as an electronic document. Anyone in the business who has authorization can now access the record more easily. Multiple copies must be made and disseminated throughout the business if the system is manual.

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Financial Statements

A regular report that details business operations and transactions and reveals the financial position of an organization for a specific time period. They are also known as financial reports, which are composed of the balance sheet, the profit and loss statement, and the cash flow statement. An accounting programme looks after your company by delivering reports on the age of your invoices and your goods.

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Banking

It supports decision-making for tactical, strategic, and operational planning and makes use of a variety of technologies to speed up processes, cut costs, and improve communication. It offers solutions for a variety of issues, such as cash management, payment processing, cash security, and cash accounting. TechoERP systems also aid in account management, financial report and statement production, and analysis of an enterprise's financial health. TechoERP systems allow for the integration of all back office and finance systems. simplifies the processing of incoming and outgoing payments, which aids in efficient cash flow. Additionally, it provides the ability for consumers, vendors, and partners to access and share various banking operations. Bank asset reporting, planning, and analysis are all done in one step and are all accessible on the same platform.

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E-Invoicing

Recognizing the transactions and handling them properly. You should be able to categories transactions in your ERP accounting system as Business to Business (B2B), Export, Supply via e-commerce operators, or Supply appropriate for reverse charge. Simple IRN, QR code, and digital signature recognition; modifying APIs to fully interact with the e-invoicing system. Adopting e-invoicing will enable you to securely and safely collect all of your invoice information online. It will improve your engagement with your stakeholders while also streamlining your company's invoicing procedure.

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Balance Sheet

Reveals the total assets and turnover for the financial year. This can assist you see where your business is at the moment because the report is based on the current fiscal year. You can filter the report based on a given date, and it will show numbers up to the present time. This report nicely separates your assets, liabilities, and equity. Additionally, it breaks down your savings account, petty cash, and accounts receivable.

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Inventory

It generates the most profit—and customer satisfaction—from the smallest stock investment. And as we can see from those successful companies, effective inventory management is all about data: purchases, reorders, shipping, warehousing, storage, receiving, customer satisfaction, loss prevention, stock turnover, and more. enables companies to manage all facets of their business on a single platform, including: inventory, finance, planning, logistics, and operations. The entire organisation has access to real-time inventory information thanks to TechoERP. This is a crucial skill for companies who want to grow, have intricate supply chains or processes, require advanced automation, sell many products, operate in "just in time," or just want to get the most out of their inventory investments.

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Bill-Book

TechoErp helps you manage all of your inventory, create customised GST and non-GST invoices, quotes, estimates, and purchase orders for your customers, and ensures that you never run out of stock. Make data-driven business decisions based on reports and insights, such as GST reports, P&L, stock summaries, etc., and analyse business reports. Develop your professional identity by exchanging business cards and greetings with your company logo.

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Multicurrency

You can create an infinite number of currency IDs, rate types, and exchange rate tables with Multicurrency Management. Once Multicurrency Management is configured, you can enter multicurrency transactions using the original amounts or the equivalent amounts in the functional currency of your business. You can also revalue General Ledger accounts based on actual or projected exchange rates as well as Sales and Purchasing transactions. Reports can be printed with information on multicurrencies as well as multicurrency-specific reports. Additionally, you can see and contrast open-year or historical multicurrency data in summary or detailed format.

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Subscription Management

TechoERP assists businesses in keeping track of all transactions involving the selling of subscription-based goods. Even while subscriptions for software as a service are the most common, more and more businesses are offering digital and even physical products on a subscription basis. Most departments of a subscription-based firm, including the most crucial ones like sales, marketing, and accounting, can use this kind of software.

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Taxation

Organizations can centrally configure, administer, and report on taxes thanks to TechoERP. You can generate the necessary reports for tax filing by integrating other financial modules to collect tax information from all financial records into a single repository.