LeoBiz generic solution for generic trading, Manufacturing and service costing supports variety of business requirements which are listed below.
Sales and Distribution
Purchasing
Manufacturing
Inventory Management
Financial interface
HR/PAY interface
Complete Management The advertising functionality can be
It gives the complete Management control of the advertising business, from the time of Booking the order to the collection can be managed by the system.Management information
Business processBusiness process of handling advertising orders will be made easy, efficient and error free, thus increase in productivity and reduction of cost. Whenever the clients come and book the space, the space and the value will be computed the system.Rate CalculationSystem has the facility to define the rates based on
System allows capturing Client Commission/ Pricing and Sales TaxesSystem allows receipting for pre-paid Advertisements.System generates the Invoices based on the Orders.Financial InterfaceIf the financial functionality has been implemented, this invoice will be posted to the financial system transparent to the user. Invoices of the Credit Customer will update the Client Accounts Receivable Account and the Advertising Income Account. For the Noncredit Customers, at the Receipting time the amount would have been credited to advance account, while on the date of publishing, system would reverse advances received account and credit the Income accountReportingStandardized reports for the Newspaper advertising industry includes
Complete Management LeoBiz for Tea Exporters gives the complete control of the Business from Sales Contracts, Tea purchase, Blending Tea-bagging up to shipping. It shows Tea exports by Customer both Volume and MarginsSystem shows,
Business processWhenever the client's contracts are concluded, they can be captured in the System.When the Tea is purchased in
Details of the purchase can be captured in the system. System included comprehensive functionality for Tea collection and deliveries. System is able to create and maintain Tea blends.For the sales order one or more internal orders can be created for tracking the cost of the shipment. System supports generating invoices to buyer and updating the financial module online in foreign currency.Financial InterfaceLeoBiz financials will be updated online at each of the following stages enabling across divisional planning more efficient and productive
System is able to handle transactions of a group of companies. All companies will share the same chart of accounts, customer and suppliers. However each company will have its own general ledger accounts and Customer supplier accounts. System embodies multi-currency general ledger and the sub-ledgers are maintained in the currency of account. System supports contingent assets and liabilities to be defined in the chart accounts. Posting to these accounts can be single legged and will not be considered for debit/credit balancing of a financial transactions. Customers as well as products can be grouped into groups to obtain the contribution by them. Any company that is both a supplier and a customer will have only one customer code. Each customer can have multiple accounts belonging to multiple sub ledgers. A single transaction processing function handles all financial transactions, irrespective of the type of transaction. Parameters will navigate the user through the data screens that is required to complete the transaction. Different types of accounting periods are supported. Standard entries may be posted on a calendar period, or, on closing of the accounting period. These entries are predefined and batch processed by the system. To enable correction of entries, the system provides the facility to reverse the original entry. Budgets can be specified for all Income and expense items on a monthly basis or annual basis.
Accounts Receivable
The following Accounts Receivable transactions are directly processed by the system.Receipts,Invoices NOT processed through the Sales and Distribution functionality,Debit/Credit notes NOT generated by the Sales and Distribution functionalitySystem also incorporates debit-credit matching and includes sales and distribution interfaces
Accounts Payable
All invoices received from the Supplier should be input to the system using this function. This would require approval from the relevant personnel before payment can be made.This will happen only for utility payments. All other supplier invoices will be generated through the purchasing functionality.All outstanding payments are processed by the system and a proposed payment list is generated. This module includes Material Resource Management interface.
General Ledger
The system allows direct entries to be made for miscellaneous income, expense and journal entries for accrued expense and provisions. All the Sales, Purchasing and internal issue functions will update the Ledger Balances. All AR/AP transactions such as receipts will update the ledger balances for bank accounts and control accounts. All banking transactions generated by the System or captured manually, are identified and can be reconciled with the bank statement. The fixed asset register is updated when the purchase receipts of the items are processed. System has functionality to compute tax and commercial depreciation. System generates the following statements;P& L,Balance Sheet,Fund Flow,etc.
LeoBiz AMI is industry specific version of the LeoBiz generic ERP. It makes use of the core functionalities of LeoBiz, and has additional functionalities that are specific to the Apparel Industry.
Business Objective
Process Supported
LeoBiz AMI handles the business from the pre costing of the product or verification of the costing depending on the relationship the factory has with the buyer to shipping and invoicing. It covers the following Business processes
Financial Integration
LeoBiz-AMI is Fully-Integrated with other modules of LeoBiz ERP solution and uses all its functionalities, such as Financials, Inventory, Fixed Asset, HR Payroll, etc.