Monthly Archives: April 2019
Monthly Archives: April 2019
Costs are important to all businesses. Costs can be divided into two general classes:
Absolute – which measures the loss in value of assets.
Relative – which involves a comparison between the chosen course of action and the course of action that was rejected.
Fixed costs – incurred only once and as additional units of production are produced, the unit costs fall. Examples would be road access costs and equipment move-in costs.
Variable costs – vary per unit of production. Examples include the cost per cubic meter of excavated dirt, per cubic meter of wood yarded, and so on.
The cost of the alternative action – the action not taken – is often called the “opportunity cost”.
Accountants are primarily concerned with absolute costs. On the other hand, planners and managers need to be concerned with the alternative costs – the cost of the lost opportunity. Management has to be able to make comparisons between the policy that should be chosen and the policy that should be rejected. Such comparisons require the ability to predict costs, rather than merely record costs.
The analysis of costs is of paramount importance to planners and managers. What they need are the straight numbers…something to help them keep their goals clear and understand what is possible and what is likely to work. This is where FreshVu2Go can help anyone seen what they need to see when they need to see it. From anywhere, they can tap into the cloud and see their numbers in real time.
Check out FreshVu2Go for yourself today!
Monthly Archives: April 2019
Helping our customers check their transactions and receive instant status information has always been one of our goals at FreshVu2Go. We’re always looking for ways to help simplify things, make FreshVu2Go more efficient, and reduce the effort required to get tasks done. We’re staying focused on delivering smaller updates to improve important workflows and make things easier for you. Features like Transaction Status legends can help your efficiency when working with your vendors and customers.
If you’re doing a lot of buying and selling, your ability to check on the status of transactions helps you save time and then decide on what the next step is and how soon to take it.
When looking at your sales documents – quotes, sales orders and invoices – you can now see their current status instantly on a single screen with FreshVu2Go. Before you had to open the sales documents to see what steps were complete and which steps were yet to be processed. Now, you only need to look in one place.
Select the transaction screen, and simply view the current statuses in the Status column and you’ll instantly know which ones are at which step of their overall process. For instance, on the Invoice screen, you can see the following:
For explanations of the statuses listed, the Status Legend now appears beneath every transaction list, as follows:
FreshVu2Go also includes the statuses and the legends for all of your purchase screens as well, from purchase orders to receipts of goods. Further, the legends for other features and modules — such as Item Transfers and Maintenance Pro — provide you with instant, simple explanations so that you can keep doing business with all the information you need on-the-spot, immediately.
Monthly Archives: April 2019
If you run a large-scale operation that deals with a number of moving parts and an ever-growing inventory, then you know just how difficult it can be to keep track of your business’ entire list of goods kept on hand. This can lead to needless expenses for inventory or parts that you might already possess, ultimately slowing your business’ operations down while further impacting your bottom line in a negative manner. After all, how can your business effectively grow if you don’t have a grasp on each item that is stored in your facility? We know that you may be having similar concerns, but fortunately, with FreshVu2Go, you can rest easy knowing that our inventory tracking and item disassembly tools were designed with business owners in mind. So whether you are wanting to track your inventory with extreme precision, or whether you are wanting to easily track individual parts that make up a larger product, you can do so with ease while using FreshVu2Go’s inventory management software. At FreshVu2Go, we have worked countless years to design the leading inventory management software that business owners around the world seek. We know that your business is much different from other businesses, which is why our comprehensive inventory tracking software is built for both small and large businesses alike. No matter the size of your company, FreshVu2Go works for you instead of against you. With cross-department functionality, our inventory management software ensures business owners that every department within their facility is on the same page. The end result is stronger lines of communication between employees, accurate tracking of inventory, and a bottom line that will continue to grow as you learn the ins and outs of our inventory tracking software. But how can you accurately track each individual part in your facility? We’ll be answering that very question as we outline our software’s item disassembly capabilities, just one of the countless features that our intuitive business management software sports.
Tracking Items for Repair
It is very common for machinery or other equipment to fail after constant wear and tear. However, when instances like this arise, many business owners find it difficult to keep track of which items are needing to be repaired, leading to complete replacement of machinery that may just require a simple fix. As you can see, what could be an affordable solution in the form of a quick repair can quickly turn into a significant expense if you plan on replacing an entire piece of equipment altogether. If this sounds like a problem that you have experienced, the good news is that you are in luck with FreshVu2Go! In fact, we make breaking your equipment down into specific parts incredibly easy for your convenience. Not only does this allow you to effortlessly track disassembled items for repair, but it also allows business owners to maintain the most accurate records for future reference so that they know exactly which parts have been repaired during previous maintenance. By being able to monitor every moving part within your facility, you can work to cut back on costly expenses, ultimately boosting your annual revenue! This is just one of the many ways that FreshVu2Go continues to offer the most in value to business owners.
Monitor Depreciation of Items
Over time, a part or piece of equipment will begin to depreciate. Simply put, depreciation can be viewed as, “a reduction in the value of an asset with the passage of time, due in particular to wear and tear. Often times, many people view depreciation in the form of their vehicle, as it continues to lose value with each coming year. However, your business’ equipment will also begin to depreciate as it becomes older and new technology comes to the forefront. As such, it is important to set depreciation values on your equipment and its parts so that you can decide whether or not it is worth your time to replace a part on an old piece of machinery, or replace the entire machine altogether. If you have experienced these kinds of dilemmas in the past, then you have probably experienced just how long it can take to decide whether or not maintaining a faulty piece of equipment is worth your time or money. When using FreshVu2Go, you can set depreciation limits on all of your equipment parts, allowing you to easily weigh the costs of repair versus replacement. Our goal is to save your business money at every turn, and that starts by providing users with the leading inventory management features that they need to make managing their business simple.
If you are looking to cut back on the cost of inventory, or you are simply looking to add a little extra cash flow to your business’ wallet, then our inventory management software is perfect for your needs. If you have old or outdated parts that are simply collecting dust on your facility’s shelves, you could be making extra money by reselling parts that are no longer needed by your company. Not only do old parts take up vital space in your facility that could be used for new inventory, but they will also continue to depreciate further while sitting in your warehouse. Instead of letting valuable parts go to waste, you can easily manage outdated equipment with our intuitive inventory tracking software, while generating sales to help you pay for new equipment in the future!
Information Tracking On Equipment Parts
While managing equipment parts may be easy for some business owners, keeping each part up to date with the latest information can sometimes be tasking, leading to a break in the line of communication, and ultimately slowing down your day-to-day operations. With countless years spent designing our inventory tracking software, we have taken nearly every scenario into account so that there is never a moment where you are left wondering how to best manage your business. As such, we have developed an intuitive way for multiple departments to keep in contact with one another so that everyone within your facility can maintain the highest levels of communication. One of the many ways that we are able to streamline your business’ operations is by allowing FreshVu2Go users to easily link information to specific inventory parts. This can help multiple departments communicate with each other so they are aware of any problems or concerns regarding a specific part. Not to mention, if any equipment parts do require maintenance, you can schedule out repair tasks with ease while monitoring the progress of each task!
Maximize Profits Through Item Disassembly
While many typically view the three R’s in terms of the environment, you can easily reduce the amount of inventory your business keeps on hand, reuse parts to fulfill the constantly changing needs of your facility, and recycle parts that have lived out their purpose. You can do this all with ease thanks to FreshVu2Go’s inventory management tracker. No need to worry about your workflow being restricted solely within the confines of your warehouse, as our cloud-based business management software allows business owners to manage daily tasks from anywhere around the world. This is one of the reasons why FreshVu2Go continues to remain as one of the most user-friendly interfaces for both small and large business owners.
Instead of hoarding needless parts that you are unlikely to use, you can easily liquidate unused parts while using FreshVu2Go’s inventory tracking software. By reducing the number of parts that you keep on hand at any given time, you can work to maximize your profits, allowing you more freedom to purchase inventory to be sold to your customers. Don’t hesitate trying out our state-of-the-art inventory management software. Sign up for FreshVu2Go today and learn just how easy it is to reduce the number of unused parts in your warehouse!
Being efficient with your equipment parts can determine whether or not you are helping or hurting your bottom line. If you are wanting to save on expenses throughout every aspect of your business, then our inventory tracking software is right for you. By having an extensive catalog of unused parts, you can assess which parts can be used for other aspects of your business, leading to greater profitability on your behalf through cost-saving practices. Not to mention, you can work to reduce your total amount of expenses throughout the year by eliminating the need for new parts that are simply unnecessary!
Recycling your goods kept on hand can do much to free up shelf space within your facility, while simultaneously adding an extra boost in revenue for your business. While using FreshVu2Go’s item disassembly module, you can easily track every part within your warehouse to effectively cut back on costs, reduce excess quantities of stock, and manage depreciation limits so that you know exactly when it’s time to cycle through your parts on hand. This is just one example of how FreshVu2Go can keep your business running smoothly!
Automated Accounting Features
We know that business owners are looking for business management software that offers the most in functionality while ultimately reducing the need for multiple pieces of software. It can often be incredibly difficult to juggle your day-to-day tasks while using several different pieces of software. Why slow down your daily operations when you could effectively monitor every aspect of your business through the use of one intuitive inventory management software? With FreshVu2Go, now you can. In fact, one of the features that our users love most is having the ability to set depreciation rates for each individual part within a piece of equipment, so that their depreciation values are never underreporting or overreporting. Not only can you keep track of a specific item’s depreciation rate, but you can also track serial numbers, lot numbers, and expiration dates on all items within your inventory. So whether you are wanting to keep track of various quantities within specific lots, or you simply want to track the cost of depreciation with any given currency, you can do so with FreshVu2Go! We do this all so that you can maintain the most accurate reporting at any given moment.
Ways Our Automated Accounting Can Help Your Business
- Reduce the amount of time necessary for your accounting department
- Help keep records accurate and up to date at any given time
- Easily compile total depreciation amounts for audits
- So much more
Tracking Item Repairs and Warranties
There may be times when certain items are returned to your business because of damage or complete failure. This is common among all businesses, but the way that said businesses handle these kinds of situations vary drastically. While some businesses might not keep up-to-date records of their returns and warranty claims, those using FreshVu2Go’s inventory management tracking software can easily manage their warranties and repairs from one screen. This can help to keep your write-offs and repair tasks in one easy-to-view suite so that you can spend less time worrying about upcoming audits and more time keeping your customers satisfied. However, failing to do so could leave you with a headache at the end of the year, resulting in wasted time and compromised profits. Don’t wait to streamline your company’s return process, try FreshVu2Go today! These are a few of the many ways that you can expect to save both time and money while using FreshVu2Go’s intuitive inventory management software. We know that you will be more than pleased with all that our cutting-edge software has to offer, and we welcome all those that are interested to get in touch with our friendly team of professionals today. As one of the most competitively priced, all-in-one business management suites to choose from, FreshVu2Go continues to be the leading inventory management software for both small and large businesses alike. With the most helpful support team to assist you with any problems you might have, you will be able to integrate the entirety of your business within FreshVu2Go’s suite in a short period of time. Reach out to our team of inventory management experts today to get started!
Monthly Archives: April 2019
So what is your impediment when it comes to success? Some will say the system is imperfect, or that leadership is lacking. Others say that marketing or managing inventory solves everything. Bottom-liners emphasize sales. Long-termers say that without financial acumen, a company is doomed.
Let’s break what we do down to its essence. The answer is immediacy. Immediacy trumps inertia, but it takes resolve. Why so? Because inertia has no greater friend than people.
People take forever to get out of your way, or to commit the personnel with the right skills to the task. People forget what they promised, or don’t bother to follow up on something already underway and therefore don’t notice that it has either gone off course or completely off the rails. But worst of all is when people just don’t do a task at all. They can theorize like crazy in meeting after meeting, but getting them in MOTION in a direction TOWARD something is as difficult as solving a word puzzle in an unknown language. People are what make it difficult for you to get your job done. Another strike against them is that people will go miles out of their way to avoid making a decision.
So how do you get your immediacy machine working for you? Simple. Every task or job or project must be broken down into bite-sized chunks that are both quickly completed and easily performed while it provides you with all the tools to do the job.
So that’s all? That’s the answer? Yes.
Think about it. Every single thing that complicates your life drains you of time, zaps you of energy and frustrates you to your saturation point. So why wouldn’t you – for both logical reasons and for merely retaining your sanity – find the easiest and quickest way to complete everything that you need to do? The simplest way to avoid people clogging up your progress is to factor as few of them as possible into your process.
Certainly when considering business success, shouldn’t there be a way for you to make those sales, process those orders, perform those goals of making a profit with a single, fluid, universally-applicable software program? There is. Give FreshVu2Go online inventory management a try.
Take the next hour you’d be surfing the ‘Net or text messaging or posting a picture and give FreshVu2Go a whirl on the dance floor. Practical, busy people all over the world are Going Fresh.
Monthly Archives: April 2019
With any good cloud-based accounting system, you will look for the best combination of the following features:
- Link existing accounts such as banks, credit cards, Paypal, eBay, your own Web store
- Categorize income and expenses specifically for tax reporting
- Connect to online bank accounts and credit cards
- Download your new data each day
- Employ simple dashboards and options
- Enjoy secure, double-entry accounting for bank reconciliation and financial statements
- Generate professional invoices
- Import your existing transaction history
- Keep track of sales and finances in one place
- Organize all of your data into tax categories
- See where money is going
- See who your customers are
- View profit/loss statements
These qualities are found in any good cloud-based accounting system. FreshVu2Go is the finest online inventory management software available. Please contact us for pricing and package details.
Monthly Archives: April 2019
No matter what industry you work in, project management can be a tough thing to tackle. You have to keep track of multiple teams, multiple development stages, and maintain clear communication with your employees and your shareholders. Adding a remote team to the mix makes the communication that much more difficult, but regardless of the type of project you’re working on, there are several challenges that are almost universal and FreshVu2Go can help.
Confusion on Requirements
Each project is different and the requirements at each stage will vary. Keeping your team up-to-date on the requirements can be difficult, especially when you’re working with a distributed workforce. Even if you email out updated requirements every step of the way, it is inevitable that some of them will fall through the cracks.
Mistakes in Timekeeping
Your team has to keep track of their hours so you can bill the client appropriately. However, it’s easy for things to get missed. A good project management software program will help you and your team keep track of the tasks they complete, how long it takes them to complete it, and what, precisely, was done at each stage. An accurate count of how your team spends its time can go a long way towards satisfying demanding clients who wish to know exactly what was accomplished each day.
At the beginning of a project, you establish a clear allocation of your resources in order to get each task done properly and on time. While each project has to be completed with a finite budget, overspending happens more frequently than most project managers care to admit, especially if they’re not monitoring their resources adequately. If you overspend, you’ll have to come up with the extra resources on your own.
Unless your team is incredibly accurate when accounting for hours worked, resources used, and time spent on each stage, you may find invoicing to be a challenge. A good project management software will help you keep track of work completed, the amount of budget utilized, and the time your team spent on each stage. With accurate accounting, your invoicing process will be significantly easier.
How FreshVu2Go Can Help
At FreshVu2Go, we believe that project management should not be a difficult process. This is why we created a cloud-based software program specifically designed with project managers in mind. Whether you’re working with a small team out of a home office, or employ the talents of a distributed workforce, our software can streamline your project management process.
Our program will:
- Simplify your attendance and time tracking by allowing employees to log daily activities
- Give you control over resources and budget allocations
- View billable hours at every stage of your project
- Let you create and send an invoice with the click of a mouse
- Allow you to create interim invoices throughout the project
Take control of your project management process with help from FreshVu2Go and maximize your impact by managing your inventory with our cloud-based inventory tracking software. No matter what features you’re looking for, we can help. Contact us today to see how we can help you simplify your business.