Hi,

Automatic Journal Entries:

    Inventory transactions (e.g., receipts, deliveries, adjustments) automatically generate corresponding journal entries in accounting.

Real-Time Updates:

    Changes in inventory (e.g., stock levels, costs) are instantly reflected in the accounting module.

Cost Tracking:

    Tracks inventory costs (e.g., FIFO, average cost) and updates the general ledger accordingly.

Invoice Matching:

    Links purchase orders and vendor bills to ensure accurate cost and expense recording.

Reporting:

    Provides integrated reports (e.g., inventory valuation, Cost Of Goods Sold) that combine inventory and accounting data.

Landed Costs:

    Allows allocation of additional costs (e.g., shipping, customs duties) to inventory items.

    Automatically updates inventory valuation and accounting entries to reflect these costs.

This seamless integration ensures accurate financial records and efficient inventory control.

Hope it helps