Category: Profit

  • Instant Report of Sales Profit

    Report of sale profit / loss is one the most requested report by every business management. It helps manager to compare profit vs expenses to manage business. By check this report, any director manager could protect his business from un-wanted insolvency. 

    Profit Report by iGreen Accounting

    To get this type of report, in Dashboard (home screen) of iGreen, you see a button as below:

    In Advanced dashboard, click on [INVOICE PROFITS]

    Advanced Dashboard - invoice profit

    After click on this button, form of invoice profits will be show as below:

    Invoice Profits report - iGreen

    in this form, you can click on magnifier icon and see details of invoice in footer section of this form. also you can have look of gragh on selected date and compare to find the most profit day in table of days.

  • Importance of IMEI number in mobile stores

    Importance of IMEI number in mobile stores

    IMEI number is very important for all mobile and smart phones. because for each mobile or smart phones there is one and unique IMEI number. so that, you could not find two mobile devices with same IMEI number.

    However by using imei number in billing software in mobile stores, we can trace and a perfect report of invoices without any mistakes. so if an imei number entered twice in purchase vouchers, it will shows us that a mistake has been happen.

    imei scanning for inventory
    imei scanning to trace transaction history of mobile devices

    in iGreen software also we have a perfect focus on using IMEI number to record purchases and invoices to get accurate reports of sales profit.

     

  • Profit statements of shops in Dubai

    Profit statements of shops in Dubai

    Every shops in Dubai has 20 invoices or more daily. Each invoice shows sales of some items that calculation their profit is very important for owner and share holders of shops.

    There are many methods to calculate profits of invoices but some of them need special tools and dedicated stuffs in accounts department and some of them are very simple but not enough accurate.

    However, for a shop in Dubai we should use an economic method but accurate because purchase price of items could be very different in shops .

    Sometimes a shop owner maybe find items in clearance with cheap price and sometimes in public market with a regular price.

    Average price method is very simple to setup but it will be not good for shop in Dubai because it is not enough accurate (purchase prices in shops in Dubai are vast vary )

    FIFO and LIFO are not good for shops in Dubai also, because these profit methods needs special warehouse manager to keep record of move lines of items and also need special barcode scanner and barcode inventory devices.

    iGreen profit statement method

    in iGreen accounting you can use price label for any purchased item. so that when you sell any items, price label will show you how much is purchase price of that item. It means for every purchase, iGreen will print unique barcode label and you will stick it on items of purchase. then for any item, it has a price label that shows how much is its purchase prices.

    Generated barcode label by iGreen

    then with this method you can check accurate profit of each item not a group of items. Accuracy of this method is 100%.

    This form is for printing price labels to put them on items boxs

    Preview form of barcode label in iGreen

    In sales invoice, you can scan a price label and it will be entered in invoice automatically with it sales priceIssue invoice by barcode label in iGreen