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Reasons for trusting us
At FinByz, our commitment to excellence is evident in every aspect of our services. We take pride in our four pillars of client trust:
Unbiased Recommendations: Our team of experts provides you with unbiased advice. We understand that making decisions about technology solutions can be challenging. That's why we offer you a balanced view of the pros and cons of various options, ensuring that you can make informed choices that align with your goals.
Value Analysis: We recognize the significance of IT investments and resource management for your business. Our detailed cost-benefit analysis helps you make crucial decisions, ensuring that your investments yield maximum returns.
Expert Support: At FinByz, you have access to a dedicated IT Analyst who works tirelessly to help you achieve your IT goals. Whether it's streamlining operations, optimizing processes, or overcoming challenges, our experts are with you every step of the way.
Innovative Approach: We understand the need for growth and innovation in today's competitive business landscape. Our innovative approach breaks the cycle of reliance on outdated ERP systems. We guide companies towards a fast-track path to rejuvenating growth and staying ahead of the competition.
At FinByz, we're not just consultants; we're your partners in success. Trust us to provide you with unmatched expertise and support to propel your business forward.
Collaborative Partnership: We view our clients as partners in a collaborative journey towards success. Your goals become our goals, and we work hand in hand to achieve them. Our open and transparent communication ensures that you are always in the loop, making informed decisions at every turn.
Customized Solutions: We understand that every business is unique, and there is no one-size-fits-all solution. That's why we tailor our recommendations and strategies to suit your specific needs and challenges. Your success is our top priority.
Continuous Improvement: In the ever-evolving world of technology, standing still is not an option. We stay at the forefront of industry trends and innovations, ensuring that you benefit from the latest advancements. Our proactive approach keeps your business ahead of the curve.
Measurable Impact: We believe in measurable results. Our approach is data-driven, and we track the impact of our recommendations on your business's bottom line. You can expect tangible improvements in efficiency, cost-effectiveness, and overall performance.
Client-Centric Approach: We actively seek your feedback and take it to heart, using it to refine our services continually. Your trust and satisfaction are the cornerstones of our success.
At FinByz, our reputation for delivering unbiased recommendations, value analysis, expert support, and innovative solutions is not just a claim – it's a promise. We are here to empower your business to thrive in a rapidly changing digital landscape. Trust us to be your guide, partner, and catalyst for success.
At FinByz, our commitment to excellence is evident in every aspect of our services. We take pride in our four pillars of client trust:
Unbiased Recommendations: Our team of experts provides you with unbiased advice. We understand that making decisions about technology solutions can be challenging. That's why we offer you a balanced view of the pros and cons of various options, ensuring that you can make informed choices that align with your goals.
Value Analysis: We recognize the significance of IT investments and resource management for your business. Our detailed cost-benefit analysis helps you make crucial decisions, ensuring that your investments yield maximum returns.
Expert Support: At FinByz, you have access to a dedicated IT Analyst who works tirelessly to help you achieve your IT goals. Whether it's streamlining operations, optimizing processes, or overcoming challenges, our experts are with you every step of the way.
Innovative Approach: We understand the need for growth and innovation in today's competitive business landscape. Our innovative approach breaks the cycle of reliance on outdated ERP systems. We guide companies towards a fast-track path to rejuvenating growth and staying ahead of the competition.
At FinByz, we're not just consultants; we're your partners in success. Trust us to provide you with unmatched expertise and support to propel your business forward.
Collaborative Partnership: We view our clients as partners in a collaborative journey towards success. Your goals become our goals, and we work hand in hand to achieve them. Our open and transparent communication ensures that you are always in the loop, making informed decisions at every turn.
Customized Solutions: We understand that every business is unique, and there is no one-size-fits-all solution. That's why we tailor our recommendations and strategies to suit your specific needs and challenges. Your success is our top priority.
Continuous Improvement: In the ever-evolving world of technology, standing still is not an option. We stay at the forefront of industry trends and innovations, ensuring that you benefit from the latest advancements. Our proactive approach keeps your business ahead of the curve.
Measurable Impact: We believe in measurable results. Our approach is data-driven, and we track the impact of our recommendations on your business's bottom line. You can expect tangible improvements in efficiency, cost-effectiveness, and overall performance.
Client-Centric Approach: We actively seek your feedback and take it to heart, using it to refine our services continually. Your trust and satisfaction are the cornerstones of our success.
At FinByz, our reputation for delivering unbiased recommendations, value analysis, expert support, and innovative solutions is not just a claim – it's a promise. We are here to empower your business to thrive in a rapidly changing digital landscape. Trust us to be your guide, partner, and catalyst for success.
The Importance of CRM
Are you tired of losing potential customers or struggling to retain existing ones? Do you want to increase your sales and revenue, while improving customer satisfaction and loyalty? If so, then you need to watch our latest video on "The Importance of CRM"!
In this video, we discuss how Customer Relationship Management (CRM) can help businesses of all sizes to achieve their growth goals. We cover the importance of identifying potential customers and the role of lead management in successful sales and marketing strategies. We also explain how CRM can improve customer communication, increase sales and revenue, and enhance customer loyalty and retention.
At Finbyz, we believe that every business should utilize CRM to reach its full potential. You can also contact us for more information and to see how we can help you achieve your business growth goals. Don't miss out on this opportunity to take your business to the next level with CRM!
Are you tired of losing potential customers or struggling to retain existing ones? Do you want to increase your sales and revenue, while improving customer satisfaction and loyalty? If so, then you need to watch our latest video on "The Importance of CRM"!
In this video, we discuss how Customer Relationship Management (CRM) can help businesses of all sizes to achieve their growth goals. We cover the importance of identifying potential customers and the role of lead management in successful sales and marketing strategies. We also explain how CRM can improve customer communication, increase sales and revenue, and enhance customer loyalty and retention.
At Finbyz, we believe that every business should utilize CRM to reach its full potential. You can also contact us for more information and to see how we can help you achieve your business growth goals. Don't miss out on this opportunity to take your business to the next level with CRM!
Steps to Successfully Implement an ERP System: A Comprehensive Guide
Welcome to Finbyz tech's video on ERP implementation steps. We'll guide you through the different stages of the implementation process to help you understand what it takes to implement an ERP system.
1. Define your requirements by analyzing your current business processes, identifying bottlenecks, and areas where an ERP system can help.
2. Choose the right ERP system by considering its functionality, ability to integrate with other systems, flexibility, and scalability.
3. Prepare a project plan that outlines the project's scope, timelines, budget, and resources required. Involve stakeholders to ensure everyone understands the project's goals and objectives.
4. Migrate data accurately and consistently from existing systems to the new ERP system.
5. Configure the ERP system to align with your business processes. Involve end-users to ensure the system meets their requirements.
6. Test the system's functionality with unit, integration, and user acceptance testing.
7. Train end-users effectively with a training plan that includes both online and in-person sessions, documentation, and user guides.
8. Deploy the ERP system to your organization's users by conducting a pilot deployment to a small group of users before rolling it out to the entire organization.
Thank you for watching! If you have any questions, leave them in the comments section below. Don't forget to like, share, and subscribe to our channel for more informative videos.
Welcome to Finbyz tech's video on ERP implementation steps. We'll guide you through the different stages of the implementation process to help you understand what it takes to implement an ERP system.
1. Define your requirements by analyzing your current business processes, identifying bottlenecks, and areas where an ERP system can help.
2. Choose the right ERP system by considering its functionality, ability to integrate with other systems, flexibility, and scalability.
3. Prepare a project plan that outlines the project's scope, timelines, budget, and resources required. Involve stakeholders to ensure everyone understands the project's goals and objectives.
4. Migrate data accurately and consistently from existing systems to the new ERP system.
5. Configure the ERP system to align with your business processes. Involve end-users to ensure the system meets their requirements.
6. Test the system's functionality with unit, integration, and user acceptance testing.
7. Train end-users effectively with a training plan that includes both online and in-person sessions, documentation, and user guides.
8. Deploy the ERP system to your organization's users by conducting a pilot deployment to a small group of users before rolling it out to the entire organization.
Thank you for watching! If you have any questions, leave them in the comments section below. Don't forget to like, share, and subscribe to our channel for more informative videos.
How to create System User and Employee in ERPNext
In this video we will learn How to use Forward Contract in ERPNext:
- First, you will have to go to the forward contract list and click on add forward contract.
- Add Necessary details like Booking Reference Number, contract amount, current rate, margin and premium, Booking Rate, Booking and Bank.
- Select Maturity Date and Maturity To
- Click on save and submit.
- forward contract can use through payment entry.
- Go to the Payment Entry list and click on New.
- Select the Party Type and the respective Customer/Supplier.
- Select the Bank Account/Cash Account Paid to and Paid From.
- Select the forward Contract in Forward Utilization table and Enter the Amount utilized.
- Enter the Amount Paid.
- Enter the Cheque Number and date if bank transfer.
- Save and submit.
- to cancel the forward contract
- Go to Forward Contract List, Open Current contract.
- In Cancellation Section, Enter Cancellation date, Cancellation Amount, Cancellation rate and select the bank.
- Click on add Cancellation details.
- Click on the update, after click on the update one Journal entry will post for Exchange gain loss entry.
- Please do like & Subscribe to our channel for more tutorials like this!
In this video we will learn How to use Forward Contract in ERPNext:
- First, you will have to go to the forward contract list and click on add forward contract.
- Add Necessary details like Booking Reference Number, contract amount, current rate, margin and premium, Booking Rate, Booking and Bank.
- Select Maturity Date and Maturity To
- Click on save and submit.
- forward contract can use through payment entry.
- Go to the Payment Entry list and click on New.
- Select the Party Type and the respective Customer/Supplier.
- Select the Bank Account/Cash Account Paid to and Paid From.
- Select the forward Contract in Forward Utilization table and Enter the Amount utilized.
- Enter the Amount Paid.
- Enter the Cheque Number and date if bank transfer.
- Save and submit.
- to cancel the forward contract
- Go to Forward Contract List, Open Current contract.
- In Cancellation Section, Enter Cancellation date, Cancellation Amount, Cancellation rate and select the bank.
- Click on add Cancellation details.
- Click on the update, after click on the update one Journal entry will post for Exchange gain loss entry.
- Please do like & Subscribe to our channel for more tutorials like this!
How to Create Bank Account and Mode of Payment in ERPNext
In this video we will learn how to create Bank Account and Mode of payment in ERPNext.
First, let's create a bank in ERPNext.
Go to the Bank List.
Then, Click on "Add Bank."
Enter the Bank Name, Swift Number, and Bank Website.
Then, Click on "Save."
You can also add the bank address and contact information here.
Now that we have created a bank, let's move on to creating a bank account.
Go to the Bank Account List and click on "Add Bank Account."
Enter the Bank Account Name.
Then, Select the bank, account type, and sub-account type.
If it is the default bank account for all transactions, you can set it as default.
If it is a company bank account, check the "Is Company Account" checkbox. When you check this box, two fields are populated: company account name and company. Select the company account and company.
If it is not a company bank account, you can link it with a customer, supplier, or employee. Select the party type and select the party to link the bank account.
In the account details section, enter the details like I-B-A-N, Branch Code, and Bank Account Number.
Click on "Save."
Now, let's create a mode of payment.
Go to the Mode of Payment List.
Then, Click on "Add Mode of Payment" and select the type.
In the Accounts section, select the company for which the mode of payment is used and select the account.
Thank you for watching ! Like, Share, and Subscribe for more.
In this video we will learn how to create Bank Account and Mode of payment in ERPNext.
First, let's create a bank in ERPNext.
Go to the Bank List.
Then, Click on "Add Bank."
Enter the Bank Name, Swift Number, and Bank Website.
Then, Click on "Save."
You can also add the bank address and contact information here.
Now that we have created a bank, let's move on to creating a bank account.
Go to the Bank Account List and click on "Add Bank Account."
Enter the Bank Account Name.
Then, Select the bank, account type, and sub-account type.
If it is the default bank account for all transactions, you can set it as default.
If it is a company bank account, check the "Is Company Account" checkbox. When you check this box, two fields are populated: company account name and company. Select the company account and company.
If it is not a company bank account, you can link it with a customer, supplier, or employee. Select the party type and select the party to link the bank account.
In the account details section, enter the details like I-B-A-N, Branch Code, and Bank Account Number.
Click on "Save."
Now, let's create a mode of payment.
Go to the Mode of Payment List.
Then, Click on "Add Mode of Payment" and select the type.
In the Accounts section, select the company for which the mode of payment is used and select the account.
Thank you for watching ! Like, Share, and Subscribe for more.
How to Configure Sales and Purchase Taxes in ERPNext
ERPNext is a versatile Enterprise Resource Planning (ERP) software that allows businesses to manage their financial transactions effectively. Configuring sales and purchase taxes in ERPNext is crucial for accurate financial reporting and compliance.
Step 1: Log In to ERPNext
Start by logging in to your ERPNext account using your credentials. Ensure that you have the necessary permissions to configure taxes.
Step 2: Access the Taxes and Charges Template List
Once logged in, navigate to "Setup" in the main menu and select "Taxes and Charges Template List." This is where you can define tax templates for both sales and purchases.
Step 3: Create a New Tax Template
To create a new tax template, click on the "+ New" button. This will open a form where you can define the tax template details.
Step 4: Define Tax Template Details
In the tax template form, provide the following details:
Tax Category: Select whether the tax is for sales or purchases.
Tax Type: Choose the type of tax, such as GST, VAT, or any other applicable tax.
Tax Rate: Specify the percentage of the tax rate.
Applicable On: Define whether the tax applies to the total amount, item rate, or other specific criteria.
Tax Account: Select the appropriate ledger or account where the tax amount should be recorded.
Tax Included in Basic Rate: Check this option if the tax is included in the basic rate of items.
Tax Calculation: Choose the tax calculation method, such as "On Net Total" or "On Previous Row Total."
Step 5: Save the Tax Template
After entering the tax template details, click the "Save" button to save the template. You can create multiple tax templates for different tax scenarios.
Step 6: Associate Tax Templates with Items or Suppliers
To apply these tax templates to items or suppliers, you'll need to associate them in the respective master records.
For Items: Go to the "Item List," select the item, and edit its details. In the "Taxes" section, choose the appropriate tax template you've created.
For Suppliers: Navigate to "Buying > Supplier" and select the supplier you want to associate with a tax template. In the "Tax ID" field, choose the relevant tax template.
Step 7: Test and Validate
Create test transactions for both sales and purchases to validate that the configured tax templates are applied correctly. This step ensures that your tax calculations are accurate.
Step 8: Review and Update
Periodically review your tax templates to ensure they remain accurate and up-to-date, especially when tax regulations change.
Congratulations! You've successfully configured sales and purchase taxes in ERPNext.
By following this step-by-step guide, you can effectively configure and manage sales and purchase taxes in ERPNext, helping you maintain accurate financial records and ensure compliance with tax laws.
ERPNext is a versatile Enterprise Resource Planning (ERP) software that allows businesses to manage their financial transactions effectively. Configuring sales and purchase taxes in ERPNext is crucial for accurate financial reporting and compliance.
Step 1: Log In to ERPNext
Start by logging in to your ERPNext account using your credentials. Ensure that you have the necessary permissions to configure taxes.
Step 2: Access the Taxes and Charges Template List
Once logged in, navigate to "Setup" in the main menu and select "Taxes and Charges Template List." This is where you can define tax templates for both sales and purchases.
Step 3: Create a New Tax Template
To create a new tax template, click on the "+ New" button. This will open a form where you can define the tax template details.
Step 4: Define Tax Template Details
In the tax template form, provide the following details:
Tax Category: Select whether the tax is for sales or purchases.
Tax Type: Choose the type of tax, such as GST, VAT, or any other applicable tax.
Tax Rate: Specify the percentage of the tax rate.
Applicable On: Define whether the tax applies to the total amount, item rate, or other specific criteria.
Tax Account: Select the appropriate ledger or account where the tax amount should be recorded.
Tax Included in Basic Rate: Check this option if the tax is included in the basic rate of items.
Tax Calculation: Choose the tax calculation method, such as "On Net Total" or "On Previous Row Total."
Step 5: Save the Tax Template
After entering the tax template details, click the "Save" button to save the template. You can create multiple tax templates for different tax scenarios.
Step 6: Associate Tax Templates with Items or Suppliers
To apply these tax templates to items or suppliers, you'll need to associate them in the respective master records.
For Items: Go to the "Item List," select the item, and edit its details. In the "Taxes" section, choose the appropriate tax template you've created.
For Suppliers: Navigate to "Buying > Supplier" and select the supplier you want to associate with a tax template. In the "Tax ID" field, choose the relevant tax template.
Step 7: Test and Validate
Create test transactions for both sales and purchases to validate that the configured tax templates are applied correctly. This step ensures that your tax calculations are accurate.
Step 8: Review and Update
Periodically review your tax templates to ensure they remain accurate and up-to-date, especially when tax regulations change.
Congratulations! You've successfully configured sales and purchase taxes in ERPNext.
By following this step-by-step guide, you can effectively configure and manage sales and purchase taxes in ERPNext, helping you maintain accurate financial records and ensure compliance with tax laws.
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