In Sabzi Mandi, The commission agents, sells goods supplied by a farmer (Supplier) to different customers. At the time of sale the one supplier’s account is credited and all the customers account is debited. The Commission Agent’s commission is calculated and posted in respective account. The commission agents have to provide their sale proceeding report (Bill) to the supplier after deducting the expenses (Freight, Postage, Labour ). There are a number of issues involved in these transactions.
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1. The commission agents have to make adjustments in rate and weight of goods. Sometimes you have to quote higher price to supplier and sometimes you have to quote lower price. Suppose goods are sold for Rs. 1000/-, you may report it 1100/- or report it 900/- to your supplier depending upon your business policy. The same kind of adjustments can be made in weight. Customer’s reports will be maintained as per actual Sale Price and supplier’s reports are maintained as per our desired price. That affect your profit and loss accounts.
2. The stock balance of supplier is maintained lot wise. Sometimes the whole stock is not sold in the same day, then they transfer this stock in a nearby sabzi mandi for sale and receive sale proceeding reports after sales.
3. In manual working the commission agents and their accountants spend more than 7 to 8 hrs. daily to maintain their books, make adjustments, make day wise ugrahi registers (7 days / 4 Days Collection Register), creating customer’s bills, creating supplier’s bills, making outstanding lists (area wise), maintaining stock balance, maintaining stock balance of items sent for sale, reconciling cash/bank accounts, check customer’s accounts.
4. As per our survey, business in Sabzi Mandi is very good and profitable.
An average commission agent in a town, can sell Fruits and vegetable amounting to minimum of 1 lac Rs. In one or two hours in morning. But to maintain his records, he has to spend 7 to 8 hrs. If this work is carried out with the help of software, he will be able to maintain his accounts in 15 to 30 mins. 5.
The main problem in Sabzi Mandi is related to bad debts. If your accounts are not properly maintained and you have no watch over your daily customer, chances of bad debts are high. ‘Red Apple’ shows you which customer has not arrived for how many days. You can attach customer’s photographs with his account details.
Features
- Accounting
- Sales Reporting
- Billing & Invoicing
- Activity Dashboard
- Dashboards & Analytics
- GST Compatible
Download Red Apple 11 pre Activated Setup (Re Packed)
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