#myposbook

Tax Rates, Tax Groups & Disabling tax Setting MyPosBook for Indian Users or other Country with GST support. Inline tax & invoice tax 1. Tax Rates, Tax Groups & Disabling tax Tax Rates To add new tax go to Settings -> Tax Rates -> Add Add a descriptive name (eg: “VAT@5%”) and specify the “Tax Rate%” Tax Groups Sometime you will need to apply multiple taxes to an invoice or purchase. So you should create tax groups by combining multiple taxes. To add a Tax Group – Click on Add Button, Give a meaningful name, select the tax you want to use in this tax group. The tax rate of tax group will be the sum of tax rates of Sub-taxes added. If sub-tax is edited the corresponding tax group’s tax rate will also get updated accordingly. You cannot delete a Tax if it is used in a Tax Group. Disable Tax Don’t add Tax Rates in settings Go to Settings – Business Settings. Uncheck “Enable inline tax in purchase and sell“ Uncheck “Enable Price & Tax info“ Select “Default Sale Tax” as None NOTE: If you disable the inline tax in the purchase and sell, the Price Inc tax column will not be shown in the POS screen. 2. Setting MyPosBook for Indian Users or other Country with GST support Tax settings: 3 Different taxes in India: CGST (Central Goods & Services Tax) SGST (State Goods & Services Tax ) IGST (Integrated Goods & Services Tax) Go to Settings -> Tax Rate setting. 1. Create a tax with name CGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate applicable) 2. Create a tax with name SGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate applicable) 3. Create a tax with name IGST@14% and Tax Rate %: as 14. (14% is for example only, use the tax rate applicable) 4. Below Tax rate, it shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the tax group name as Intra-State-CGST-SGST and select sub-taxes CGST@10% & SGST@10%. 5. Below Tax rate, it shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the tax group name as Inter-State-IGST, and select sub-taxes IGST@14%. With this now when you purchase or sell a product you can select the applicable tax. Displaying HSN Code for items (For some businesses) 1. HSN code depends on the category of a product. 2. Go to Settings -> Categories, click on “Add”. Add category name and category code. Category code is same as HSN code. 3. To display HSN code in invoice – Go to Settings -> Invoice Settings -> invoice layouts. Add/Edit invoice layout and click on ” Show category code or HSN code”. Save it. Assing that invoice layout to your business. Setting up invoice format for GST Check the details guide on invoice format & designs To display the summary of tax in the invoice – add the label for “Tax Summary Label” To see inline tax try using the columnized tax design or detailed design or Elegant or classic as per your need. 3. Inline tax & Order/Invoice tax With MyPosBook  you can configure the inline and order/invoice tax. To Enable inline tax. Go  to Settings -> Business settings – Taxes Click on Enable Inline Tax in purchase and Sell. Then click Update settings To Enable Invoice Order tax. Go  to Settings -> Business settings – POS Click on Order Tax Then click Update settings FAQ? What is difference between inline tax and Order Tax? Inline Tax is applied to Product level, if product have different type of tax. Order Tax is applied against the order of the invoice, not at the individual product level Read the full article

MyPosBook – All-in-one ERP Software System & Solution for Business, Best advanced stock inventory management, warehouse management, point of sale, invoicing & accounting application comes with lots of features out-of-box. You get most of the feature needed by small & medium sized businesses to simplify the time-consuming task of accounting & inventory management and instead focus on what really matters – Your Business. 2. Setting Invoice Scheme With MyPosBook you can configure the format for your invoice number. To configure go to Settings -> Invoice settings Click on Add and select a scheme format. Format can be XXXX or -XXXX You can also provide a custom prefix, invoice start number, number of digits in the invoice number. The preview box will display the preview according to the chosen option. You will need to set a default invoice scheme for a business to use it. 3. Adding new label or barcode settings MyPosBook comes with some commonly used barcode configurations for you our-of-box. If your barcode configuration isn’t covered then you can easily create a new configuration. You must have all measurement details of the sticker to create a configuration. All dimensions need to be in inches. Adding Barcode sticker settings Go to settings -> Barcode Settings -> Add Enter a descriptive name of the setting. Add some description for your information. If you’re using a Roll, then check the “Continous feed or rolls” checkbox. Enter Additional top margin (In Inches), Additional left margin (In Inches), width of the sticker, Height of the sticker, Paper width, Paper height, number of stickers in one row, distance between 2 rows, distance between 2 columns and the total number of stickers per sheet. Some of this information’s are not needed for Continuous feed or rolls. You must test you setting by printing a dummy sticker in Purchase – print label option. If something seems wrong then edit the measurement accordingly. 4. Changing the custom fields labels To modify the labels of custom fields, go to Settings -> Business Settings -> Custom Labels Here you can give names to all custom fields. 5. Changing Application/theme Color To change Application or Theme color follow the below steps: Go to Settings -> Business Settings -> System (tab) Change the Theme Color to your desired color. A total of 11 colors (Light & Dark options) are given Read the full article

MyPosBook – All-in-one ERP Software System & Solution for Business, Best advanced stock inventory management, warehouse management, point of sale, invoicing & accounting application comes with lots of features out-of-box. You get most of the feature needed by small & medium sized businesses to simplify the time-consuming task of accounting & inventory management and instead focus on what really matters – Your Business. 2. Role Management Adding Roles Every new business comes with some default roles – Admin & Cashier. Admin have all permissions in the application. Cashier have permission to only POS section. You can create a role by clicking on Add button -> Giving a role name and then selecting the appropriate permission for that role. Sometime you may need to give a user access to a/some particular location(s) only. In this case, select the locations from “Access locations” permission. Select “All Locations” to give permission to access all locations for your business. Roles permissions can be edited & Deleted. Note: You must update the role of an existing user before deleting a role. 3. Using Commission Agent feature Enabling & Choosing Commission Agent Type: By default Commission Agent is Disabled. You can enable it from Settings -> Business Settings -> Sales. Sales Commission Agent drop-down. You will see 3 different types: Logged in User: If this option is used then the Logged in User will be automatically considered as the commission agent for the sales added by him. Meaning the user adding the sales will get the commission for the sales. Select from User’s List: If this option is enabled then in POS & Sales Screen you will see the list of “users” present in your business. The user adding the sales will select the commission agent from the list of users displayed. Select from Commission Agent List: If this option is enabled then in POS & Sales Screen you will see the list of “Sales Commission Agents” present in your business. The user adding the sales will select the commission agent from the list of “Sales Commission Agents” displayed. Select the option as per your business requirements. Adding Commission Percentage: You can add commission % while adding/editing the User or Sales Commission Agent Calculating Commission Amount: To See the commission amount, Go to Reports -> Sales Representative Report. Select the User for which you want to see the commission amount. On selecting it will show you the detailed summary of Total Sale, Total Sale Commission & Total Expense. Also, the table below lists all the transactions. NOTE: Sales commission is calculated without shipping or tax. Sales commissions are from the sales of the items, not the overhead cost such as taxes, freight, shipping, handling, etc. Commission payment: After getting the commission amount, UltimatePOS have 2 ways to make payment for the commission. Using expense Calculate the commission from the sales representative report and after paying the amount add it as an expense in Add Expense menu. In Add expense, select the Expense-For dropdown Using HRM module Use the HRM Module(To Purchase Separately) In the HR module, when creating payroll for a user, it will automatically include the sales commission. Sales commission will be shown as Payroll-Components so that the business owner and the user both know details of the commission. Read the full article

What is Property Management Software ? Property Management Software Our property management software streamlines the day-to-day operations of property owners and managers. With features like online rent payments, maintenance requests, and lease tracking, this software makes it easy to manage multiple properties from one centralized platform. Say goodbye to manual processes and hello to increased efficiency and profitability with our property management software. The software has three different panels - Owner, Maintainer, and Tenant. We’ll get to the details of every panel in this documentation. So let’s start with the basics. How Property Management Software Works? This platform has three panel (Owner, Maintainer, Tenant) and description here An Owner can:- In Property Management Software, an Owner is a user with the most access, permissions, and responsibilities. To run the software, the Owner must handle the entire system. Owner can add, edit and delete the own properties, Leased Properties, Units. Also add, edit or delete the tenant. add, edit or delete the maintainers. Also able create the invoice, tenant agreement and expenses. send the reminders and many more features. Owner Dashboard is an analysis overview of entire property like how many tenant, many property units vacant, total property details, monthly earning and expenses etc.. A Maintainer can:- In Property Management Software, Maintainer can Receive and respond to maintenance requests from tenants, track request status and completion, and schedule maintenance work. An Tenant can:- In Property Management Software, A tenant can perform the following tasks in a property management software: 1.Rent Payment: Make rent payments online, view payment history, and set up automatic payments. 2.Maintenance Requests: Submit maintenance requests, track request status, and receive updates on completion. 3.Communication: Send and receive messages to the property manager or maintenance staff. 4.Lease Management: View lease details, including lease terms, renewal dates, and rent payment schedule. 5.Document Management: Access and download important documents related to the rental property, such as the lease agreement and building rules. 6.Bill Payment: View and pay bills for utilities and other services associated with the rental property. 7.These are some of the common tasks that a tenant can perform in a property management software. The exact features will depend on the specific software being used. Read the full article

MyPosBook – All-in-one ERP Software System & Solution for Business, Best advanced stock inventory management, warehouse management, point of sale, invoicing & accounting application comes with lots of features out-of-box. You get most of the feature needed by small & medium sized businesses to simplify the time-consuming task of accounting & inventory management and instead focus on what really matters – Your Business. Trending Products Report This report helps you to determine the demand of the products. You can apply different filters to filter the product. Select a Business Location to view trends for a particular business location. Select Product Category, Sub-Category, Brands, Units, Date Range to filter them. Set “No. of products” to view the top that amount of product. Using this you can view Top 5, Top10 or any number of top products. Expense Report Expense report helps you to analyze expenses for business locations and also analyze based on expenses categories. Register Report View details of all registers and filter registers based on User and/or Status (Open or Closed) Sales Representative Report View Sales and Expenses details of Sales representative Filter them with User, Business Location, Date Range Read the full article

MyPosBook – All-in-one ERP Software System & Solution for Business, Best advanced stock inventory management, warehouse management, point of sale, invoicing & accounting application comes with lots of features out-of-box. You get most of the feature needed by small & medium sized businesses to simplify the time-consuming task of accounting & inventory management and instead focus on what really matters – Your Business. In Add/Edit product screen in the bottom, you will find the button “Save & Add Selling-price-group price”. Click on that button. Note: this button will not be visible if there are no selling price groups. In the next screen, you will see the list of the product name (if variable product then all variations), the default price & selling price groups price. Enter the prices for it. Click on Save. Exporting & Importing selling price group: Go to Products -> Selling Price Group. First download the excel file with the selling price group by clicking on “Export Selling Price Group Prices” button. In the downloaded file change the price of products. Only selling price group prices of the product will be updated, not the SKU or name. Any blank price will be skiped. Then import the file. Selling at a particular price group: Go to POS. In the top, you will see the list of selling price groups. Select the one as per your requirement. Note: This will not be visible if there are no selling price groups or if a user is assigned only one particular price group only. Select the prie group & the selling prices for the product will be as per the price group. Assigning a user to a particular price group: Sometime you may want to assign a particular or few selected price group to a user. In that case, create a role with the desired permission & price group assigned. You must assign at least one price group for a role if that role has permission to sell. Assigning a price group to a Business Location Helps selling same product at a different price in different business location. Go to Add/Edit Business Location and select the Default Selling Price Group, if not selected then products default price will be used. FAQ? 1. How to hide the Selling Price Group in POS window to all cashiers In add/edit roles you can set which all selling price groups will be visible to that role. So in the cashier role, you can uncheck/remove permission for all other selling price groups except the one you want to show or use for the cashier. Read the full article