5 reasons to use Jewels® CB accounting software in your jewellery business
Introduction
Jewellery software businesses involve money in huge amount
and a slight mistake while maintaining accounts of it or posting the
entries can lead to a big hole in the balance sheet. To avoid such mess, the
dedicated softwares are there. The accounting software programmes handle entire
accounting perspective including bookkeeping, storing financial data and giving
you a true picture of your business finances. The reasons why Jewels® CB
accounting software must be deployed in your jewellery business are:
It automates tasks: “Every transaction has two effects” That’s the golden
rule of accounting and the Jewels® CB does auto posting in all the ledgers. It
saves you from the task of knowing the double entry system plus from the mess
of doing it carefully. In this jewelry
business software you have to enter a transaction once and the counter
effect of it can be seen on other accounts automatically.
Controls your cash flow: Incoming and outgoing of cash is a fundamental of
every business and the size of such inflows and outflows varies from time to
time. At times it really gets difficult to remember all and write it in the
cash book. The Jewels® CB software facilitates with the easy maintaining of
daily cash book/Rokad. It creates invoices and keeps track of customers who owe
you money and also a track of suppliers whom you owe money.
Wages are made simple: The Jewels® CB software has a separate section to
manage your employees’ wages. It takes into account all the deductions, taxes,
dues, bonuses etc that is to be paid. In the jewellery business, the sales man
at showroom or the karigars at factory are in huge numbers and this software
makes calculating their wages a piece of cake.
It takes care of the math for you: Even if you are an expert in math, there
are high chances of errors, edits and lapses in your calculation. All these in
turn cost you in terms of energy and time. To get save from such silly
mistakes, deploy the Jewels® CB accounting software. It handles all the
payment, receipts, invoices, ledgers etc and simplifies the work to great
extent for you. Obviously going for a toss in case of accuracy is not a chance
here!
It cuts costs: Automating the accounting task saves a lot of money.
It eliminates the need of hiring a bookkeeper, allowing extra space to them in
office and then supervising all the entries or transactions. In business, time
is like money and by installing the Jewels® CB accounting software you
reduces bookkeeping hours significantly. Further this software is nominally
priced and has benefits that run in long time. All update, support and training
is provided by us to strengthen and digitalise your business accounting base.
Other essential functions: The Jewels® CB is a one stop solution
for all the account hacks of your jewellery business. It has a separate tab from
where you can generate all the kind of reports. These reports are essential to
know the true financial status of the business. More, it allows you to convert
an XYZ amount into metal and an XYZ metal into the amount. Further it has a
fantastic feature of BACKUP too from where you can maintain the base of all
your data without the fear of it losing somewhere.
Thus, the Jewels® CB has all the features and functionalities
necessary in accounting software. It is an excellent option to enhance the
business efficiencies.