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Management Accounting in Torgsoft

16.09.2013 00:00
Volodymyr Vytyshchenko
Volodymyr Vytyshchenko

Trade automation expert at Torgsoft

This video is from 2013. The program’s design has changed considerably, and it has more features. However, the way many modes work has stayed the same or remained very similar. We are updating the knowledge base and video lessons. Since 2022, videos have been exclusively in Ukrainian.

What data is needed

Management accounting relies on complete records of goods and money movements: receipts at purchase prices, sales, returns, payments to suppliers, and business expenses. If some transactions are not entered into the program, the summary indicators will not reflect the store’s actual performance. Keep track of the analysis period and which expenses are included in the report.

How to read the results

The “Analysis — Period” report helps assess the financial result for an accounting period. Product reports answer different questions: what was sold and when, the cost of specific items, and the revenue they generated. Compare indicators only after clarifying the reports’ methodology and checking that the documents have been processed. The webinar demonstrates an approach to analysis; check the help documentation for current mode names and included indicators.

More details: Profit indicators in reports; Sales proceeds, revenue, and profit