How it works
Every stage of the business, before and after, and what runs by itself.
1.Purchase and inward
- Before
- Truck unloaded against a phone order; bill entered at month end.
- With Finocket
- Goods receipt against the PO, putaway to a suggested bin, and three-way match with the supplier bill.
Automated
- Suggested bin on putaway
- PO, GRN and bill matched
2.Storage and bins
- Before
- Location remembered by staff.
- With Finocket
- Godowns with their state and GSTIN, racks and bins, and stock by bin.
Automated
- Stock by bin built from putaway and bin moves
3.Stock transfer between godowns
- Before
- Paper slip travels with the truck.
- With Finocket
- Posted transfer with an in-transit state until received; inter-state transfers flagged as taxable supplies.
Automated
- In-transit stock shown between godowns
- Inter-state flag on the transfer
4.Counting
- Before
- Annual count on paper sheets.
- With Finocket
- Scan counts by product with the variance posted; a bin count screen takes typed quantities. Per-godown book stock after sales is not yet accurate.
Automated
- Variance posted from the finalised count
5.Order, pick and pack
- Before
- Picker searches aisles; weights written on the carton.
- With Finocket
- Pick list sorted by bin, short-pick reason codes, and pack with weight.
Automated
- Pick list sorted by bin
- Weight recorded at packing
6.Sale, storage billing and dispatch
- Before
- Invoice, LR copy and e-way bill made in three places.
- With Finocket
- Wholesale GST invoice with LR, consignment and storage fields, and e-way bill JSON with Part-B checked.
Automated
- Dispatch block printed on the invoice
- Part-B checked before the JSON is downloaded
- Freight charge preset on the bill
7.Returns
- Before
- Returned goods stacked in a corner until someone checks them.
- With Finocket
- Returns received into a returns bay and dispositioned.
Automated
- Stock updated on disposition
8.Fleet and freight costs
- Before
- Envelope of diesel and toll receipts per vehicle.
- With Finocket
- Fleet expenses tagged by vehicle, trip reference and odometer; FASTag receipts by email recognised as expenses.
Automated
- FASTag mail receipts read as expenses
9.GST and TDS
- Before
- Bills sent to the CA at month end.
- With Finocket
- GSTR-1, GSTR-3B and 2B reconciliation prepared from the books; TDS on freight recorded.
Automated
- Returns prepared from posted documents
- TDS computed on bills
10.Collections, accounts and reporting
- Before
- Phone calls for payment; profit known at year end.
- With Finocket
- Outstanding and reminders, bank feeds, double-entry books, and stock and P&L reports any day.
Automated
- Reminders on overdue invoices
- Bank lines matched to invoices and bills
- Tally export for the CA