Understanding Finance Setup

Finance Setup is done for the finance module customization as per the need of the client.



Navigate to Settings > User Roles.

Select the employee you want to give Finance Setup Permission to and scroll to the right.

Select Edit option from the Action dropdown menu.

Go to the Permissions tab.

Enable all the permissions Manage Finance Setting and Manage Mileage Setting.

Click on Save.


How to Set Up Finance in ERP

Navigate to the Left Menu > Settings.

Click on the Finance tab.

Check the boxes under the Preferences tab.

Under the Branches tab, edit any of the branches from the Action dropdown. Enable your preferred type of billing. 

Note: If the branch is not showing up in the list, click on the plus button for setting your branch preferences.

Enter the details in the mandatory fields. For example, enter the name of the person in the Finance approval box with the person’s name who approves the procurement requests.

Note: Adding Yearly Interest Cost(%):*

A percentage added here will reflect reduced cost as set  in Inventory >Reports> Location > Stock at Office> Holding Cost.

Note: If a branch is not visible under the Creator Branch dropdown, then that can be added in the Organization Setup> Creator Branch.

Under the Banks tab, bank details are added. The existing details can be added or edited, as required.

Under the Invoice Aging tab, the number of days of delay for Invoice is shown.

In the Statutory tab, all the details can be added. The existing details can be added or edited, as required.

Click on Update.


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