Receivables are the business
Most of a wholesaler's working capital is sitting in customer balances. If the ledger is not exact, neither is the cash-flow picture.
Wholesale is a credit business with a stock problem attached. Large orders, thin margins, and a receivables ledger that decides whether the month was any good.
Most of a wholesaler's working capital is sitting in customer balances. If the ledger is not exact, neither is the cash-flow picture.
At single-digit margins, freight and duty left out of product cost turn a profitable line into a loss-making one on paper and in reality.
Entering a forty-line order by hand, every week, for the same customer, is where both time and accuracy go.
Every trade customer carries a running balance, a credit limit checked at the point of order, and an installment record for staged payments.
Explore EncoderPOS sales & quotationsFreight, duty and handling are apportioned across received lines, so each unit carries the cost of getting it into the warehouse.
Explore EncoderPOS purchasesScanning drives bulk order entry the same way it drives a retail till, which is what keeps a forty-line order from becoming a forty-line typo.
Explore EncoderPOS barcode & labelsDouble-entry journals and a full chart of accounts mean receivables, payables and stock are one set of books, not three.
Explore EncoderPOS accountingYes. Each customer has a ledger with a credit limit and installment support, and balances update as payments are recorded.
Yes. Landed cost is recorded against the goods receipt and apportioned across the lines received.
The Enterprise plan includes a full accounting and finance module with an international-standard chart of accounts and double-entry journals.
Seven days free, no card required, and our team will import your existing products and opening stock for you.