Narayani Help

This page is read only. You can view the source, but not change it. Ask your administrator if you think this is wrong.
====== ✅ CushionsERP Accounting and Inventory Overview ======

CushionsERP can handle simple accounting (Profit & Loss, Balance Sheet, and Inventory Valuation). Some features may require setup or extra modules for optimal results.

===== ✅ 1. Profit & Loss Statement (P&L) =====
CushionsERP can generate a basic P&L report if you activate the experimental Accounting module:

**Path:**  
**Home > Setup > Modules > Accounting**

It pulls from:
  * Sales invoices
  * Purchase invoices
  * Other income/expense entries (e.g., manual journals)

You’ll see:
  * Revenue (from invoices)
  * Cost of Goods Sold (COGS)
  * Expenses
  * Net profit/loss

📌 **Tip:**  
Make sure to link your products/services and expense categories to the correct accounts in the Chart of Accounts (CoA).

===== ✅ 2. Balance Sheet =====
Also available via the Accounting module, showing:

  * **Assets**: Cash, inventory, receivables
  * **Liabilities**: Payables, loans, VAT dues
  * **Equity**: Retained earnings, capital

⚠️ **Note:**  
The default Balance Sheet is basic and may require:
  * Custom CoA
  * Optional reports module for audit-grade reports

📦 Consider the **"Accountancy Expert"** module from Dolistore for better compliance and detail (especially for EU-based businesses).

===== ✅ 3. Inventory Valuation =====

CushionsERP manages inventory with **real-time stock valuation**:

**Valuation Methods:**
  * Average Weighted Price (AWP) (default)
  * Standard Cost (manual)
  * FIFO/LIFO (requires Dolistore modules)

You get:
  * Real-time stock value per product
  * Inventory movement reports
  * Exportable valuation snapshot at any date

📌 **Tip:**  
Enable the **Stock Module** and **Products/Services Module**.  
Define cost price per product to correctly calculate COGS.

===== 🧩 Summary of What to Enable =====

^ Feature               ^ Module to Enable                ^ Notes                              ^
| Invoicing             | Billing/Invoice Module          | Core                               |
| Accounting            | Experimental Accounting Module  | Basic, expandable                  |
| Products & Inventory  | Products/Services + Stock       | Core                               |
| P&L / Balance Sheet   | Accounting or Dolistore Module  | Custom CoA improves accuracy       |
| Inventory Valuation   | Stock Module                    | Requires product cost setup        |

===== 🔧 Optional Add-ons You Might Consider =====
  * **Accounting Expert** (paid) — adds detailed reports
  * **Advanced Reporting** — for improved financial visibility
  * **Inventory Movement Valuation** — supports FIFO/LIFO, warehouse-level costing

===== 🟢 Final Verdict for Your Case =====

Since your needs are **simple and common** for a small business, CushionsERP should work well with:

  * Proper Chart of Accounts setup
  * Accurate product/service cost tracking
  * Periodic review of reports and data exports