This article reviews Qoyod’s key features and how to make use of them in your business: warehouse management, user permissions, hiring an accountant, payment management, and cost centers.
Warehouse Management
Add Multiple Warehouses
You can create more than one warehouse or branch and define the location of each. When creating a purchase Invoice, you choose the warehouse or branch where the products will be received.
Inventory Adjustment
Inventory adjustment lets you increase products that have no unit cost, or reduce damaged or returned products that cannot be resold.
Inventory Transfers
You can transfer products from one warehouse to another by selecting the products and the destination warehouse.
Inventory Reports
- Product locations Report: shows quantities at each location to help you coordinate distribution.
- Stored products sales and purchases summary Report: shows purchases and sales of each item, net movement, and average cost.
User Permissions
You can add a role for each employee with specific permissions:
- Read.
- Create.
- Delete.
- Approve.
Permissions are set per page in the software, so pages the user does not have permission to view are hidden from them.
Hire an Accountant
You can hire a Qoyod-certified accountant to set up the system or train your team on using it.
Payment Management
You can pay an Invoice in full or partially through Receipt Vouchers or separate installments, specifying:
- The date of each payment.
- The account collected to or paid from (cash, bank).
- The option to add detailed bank accounts.
Cost Centers
Custom fields are used as cost centers in Qoyod to:
- Compare profitability across projects.
- Analyze sales of a specific product.
- Determine sales representative commissions.
- Compare branch performance.
