Overview

This article will guide you through the key features and best practices for leveraging reporting and analytics in iVendNext.

1. Financial Reports

1.1 General Ledger

The General Ledger provides a complete record of all financial transactions. It is the foundation for all financial reporting.

Steps to Access the General Ledger:

1. Go to Home > Accounts > General Ledger.

2. Select the date range and filters.

3. View and analyze the transaction details.

1.2 Profit and Loss Statement

The Profit and Loss Statement (P&L) summarizes revenues, costs, and expenses incurred during a specific period.

Steps to Generate a P&L Report:

1. Go to Home > Accounts > Profit and Loss Statement.

2. Select the date range and filters.

3. View the report to analyze your business's profitability.

1.3 Balance Sheet

The Balance Sheet provides a snapshot of your company's financial position, including assets, liabilities, and equity.

Steps to Generate a Balance Sheet:

1. Go to Home > Accounts > Balance Sheet.

2. Select the date range and filters.

3. View the report to understand your financial standing.

2. Inventory Reports

2.1 Stock Ledger

The Stock Ledger provides a detailed record of all stock transactions for a specific item.

Steps to Access the Stock Ledger:

1. Go to Home > Stock > Stock Ledger.

2. Select the item and date range.

3. View the transaction details.

2.2 Stock Balance Report

The Stock Balance Report shows the current stock levels across different warehouses.

Steps to Generate a Stock Balance Report:

1. Go to Home > Stock > Stock Balance.

2. Select the warehouse and date range.

3. View the report to monitor stock levels.

2.3 Stock Aging Report

The Stock Aging Report helps you analyze the age of your stock, which is useful for identifying slow-moving items.

Steps to Generate a Stock Aging Report:

1. Go to Home > Stock > Stock Aging.

2. Select the warehouse and date range.

3. View the report to identify aging stock.

3. Sales and Purchase Reports

3.1 Sales Invoice Report

The Sales Invoice Report provides a summary of all sales invoices issued during a specific period.

Steps to Generate a Sales Invoice Report:

1. Go to Home > Selling > Sales Invoice Report.

2. Select the date range and filters.

3. View the report to analyze sales performance.

3.2 Purchase Invoice Report

The Purchase Invoice Report provides a summary of all purchase invoices issued during a specific period.

Steps to Generate a Purchase Invoice Report:

1. Go to Home > Buying > Purchase Invoice Report.

2. Select the date range and filters.

3. View the report to analyze purchase transactions.

4. Tax Reports

4.1 Tax Withholding Report

The Tax Withholding Report tracks tax deductions and payments made to the government.

Steps to Generate a Tax Withholding Report:

1. Go to Home > Accounts > Tax Withholding Report.

2. Select the date range and filters.

3. View the report to ensure compliance with tax regulations.

4.2 GST Reports (for India)

For businesses in India, iVendNext supports GST Reports for generating GST returns and summaries.

Steps to Generate GST Reports:

1. Go to Home > Accounts > GST Reports.

2. Select the report type (e.g., GSTR-1, GSTR-3B).

3. View and download the report for filing.

5. Custom Reports

5.1 Creating Custom Reports

iVendNext allows you to create custom reports tailored to your business needs.

Steps to Create a Custom Report:

1. Go to Home > Settings > Custom Report.

2. Define the report parameters, such as data fields and filters.

3. Save and generate the report.

5.2 Using Accounting Dimensions

Accounting Dimensions allow you to tag transactions based on specific criteria like Territory, Branch, Customer, etc. This helps in generating detailed financial reports.

Steps to Use Accounting Dimensions:

1. Go to Home > Accounts > Accounting Dimensions.

2. Create new dimensions as per your business requirements.

3. Apply these dimensions to transactions and generate reports.