How it works
Every stage of the business, before and after, and what runs by itself.
1.Milk collection per shift
- Before
- Litres, fat and SNF for each member are written in a shift register.
- With Finocket
- Not built yet. Shift-wise collection entry is planned.
Automated
Nothing automated at this stage yet.
2.Rate per litre
- Before
- A printed fat/SNF rate chart on the wall.
- With Finocket
- Not built yet. Today you type the rate on the bill.
Automated
Nothing automated at this stage yet.
3.Purchase of feed and inputs
- Before
- Supplier bills are filed in a folder.
- With Finocket
- Record a purchase bill for each supplier, with stock added.
Automated
- Purchases add to stock
4.Stock
- Before
- Feed bags and products are counted by eye.
- With Finocket
- A stock ledger for feed, ghee and paneer.
Automated
- Sales draw stock down
- Low-stock alerts
5.Dispatch to the union or plant
- Before
- The tanker number is written on the bill copy.
- With Finocket
- The vehicle number and transporter are recorded on the bill.
Automated
Nothing automated at this stage yet.
6.Billing the union
- Before
- A hand-written bulk bill.
- With Finocket
- A bill on the wholesale layout, with milk type, shift, fat and SNF on each line.
Automated
- PDF ready to share
7.Doorstep and counter sales
- Before
- A diary and a cash drawer.
- With Finocket
- Recurring household bills and counter billing on the till.
Automated
- Recurring bills drafted for you to check and send
- Z-report at day end
8.GST
- Before
- No split between exempt milk and taxable products.
- With Finocket
- A GST rate on each item, set by you, with returns prepared from your bills.
Automated
- Returns build from recorded bills
9.Collections
- Before
- Phone calls and visits.
- With Finocket
- An outstanding list and a reminder you send from your phone.
Automated
Nothing automated at this stage yet.
10.Member payment
- Before
- Cash or a bank list prepared by hand.
- With Finocket
- Not built yet. A bank payment list is planned. Today you record each payment against the member's ledger.
Automated
Nothing automated at this stage yet.
11.Accounts and bank
- Before
- Passbook entries are matched by hand.
- With Finocket
- Import the bank statement and match each line.
Automated
- Bank statement import
- Saved bank rules
12.Reporting and audit
- Before
- Year-end registers for the auditor.
- With Finocket
- Cashflow and financial statements, with your CA working in the same books.
Automated
- Scheduled report emails