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How it works

Every stage of the business, before and after, and what runs by itself.

  1. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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