How to do a quick setup of business settings?

Business Settings allows you to set some of the common business-related information.

Here you can change:

• Business name

• Start date

• Set default profit margin

• Currency

• Time zone

• Logo

• Financial year: For some countries, the financial year starts in January and for some, it begins in April, and in Nepal, it starts from July 15,16,17 randomly. Here you can set the appropriate option for your country.

• Tax information

• Product SKU prefix: Enable this feature to generate a prefix for Product SKU. Once enabled, while adding a new product the SKU field with add this prefix along with the input given or if left empty, it will autogenerate a value along with this prefix.

• Default sales discount

• Default sales tax

• Business Setting -> Contact -> Default credit limit: The credit limit provided here will be used as the default value when creating a customer or supplier

• Business Setting -> Sale -> Default Sale Discount: The default discount will be used for all sales in the POS & Add sales screen.

Important Note:

Nepali Financial/Fiscal year generally starts on 15,16,17 July so to resolve that we are planning to integrate the AD-BS switch system where you will be able to select Nepali months and dates, also it will have the Nepali date picker for transactions entries. For feature requests, roadmaps, and changelogs kindly check out the below URL -> https://kbclouderp.featurebase.app

Sales:

Sales Item Addition Method:

1. It has 2 options: “Add item in a new row” & “Increase item quantity if it already exists”

2. This option is related to the POS & Sales screen when a new product is added.

3. Add item in new row: It will always add a product to a new row

4. Increase item quantity if it already exists: If the product already exists in the cart, it will increase its quantity else it will add it in a new row.

Amount rounding method:

The price of the products can be taken as a whole number or as a rounded decimal value by selecting the particular roundoff method. If none is selected the value is taken as a whole number.

The sales price is the minimum selling price:

If this option is enabled, then the product cannot be sold at a price lower than the selling price set for the product.

It can be sold at a higher price but not at a lower price.

Enable inline Tax:

To display the price inc.

Tax on the POS screen, kindly enable the check box in the Business Settings -> Tax.

Enable Sales Order:

This will enable the sales order feature.

Default Sale Discount:

The default sale discount can be added to products in Business Settings -> Sale

The limit for Transaction Edit:

In order to increase the limit for editing the transaction, set the number of days in the business settings.

Datatable Entry Selection:

The default number of entries in the data tables can be selected in Business Settings -> System.