POS Inventory Valuation Integration
Easily process your POS system's inventory valuation data into your ERP or accounting software.
Many businesses print numerous valuation reports just after the end of the month in order for their accounting staff to calculate the inventory usage for the previous month. These journal entries are made and affect your inventory balance sheet accounts as well as your inventory expense accounts (commonly referred to as Cost of Goods Sold or Cost of Services Sold).
- Reduce your time to close
- Eliminate data entry errors
Our system eliminates the process of gathering the data, coding and creating the journal entries. If you are interested in integrating all of your inventory transactions look at our POS Inventory Integration software.
For more information contact us.
MG Technology Group
Phone: (866) 350-9310
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