If you are own a jewelry company, then you will know that this industry depends highly on product weight and types.
Details of products have to be recorded precisely. Prices also vary according to the type and weight of the jewelry, instead of quantity.
You may find keeping track of all the details of your products, hectic and effortful. Hence, it is important that you have a suitable invoicing and accounting system to help you stay professional and effectively manage your business finances and daily operation.
It is important that you, as a jewelry company owner, are aware that the manufacturing of jewelries are subjected to SST. In order to declare SST accurately, you will need to have a system to keep track of your transaction well.
Getting paid
Getting paid can become tricky especially jewelries are all different depending on the material size, type and design. To precisely bill your customers, you need a system that can help you keep track of the details of your all the jewelries and calculate all the prices easily.
You may also have customers that would like to customize their jewelry and you have to bill them according to all materials used throughout the order process. Keeping track of all the materials' detail and bill your clients accurately and appropriately is very important. You wouldn't want to overbill your customers that cause false impression on your company or under bill them and cause loses to your company as well. Therefore, a system that helps you automatically keep track of all the prices of materials and jewelries are important for a jewelry company.
Keep a professional outlook in invoicing
Keeping a professional outlook is important in increasing your customers' trust on your company and products. Invoicing is also one of the important part in the professional approach. Taking the professional approach also will help increase your customer's positive experience with your company and encourage repurchase or spreading of good comments on your company. You can read more on our blog post on managing customer relationship in business.
Here are some tips on how to make invoicing in-line with your company's professional outlook:
Design professional looking invoices
- Invoices are an official documents that is produced by your company. Hence, the design of the invoice should reflect your company's style and brand. It should follow a concise layout.
- By using an invoicing software like TreezSoft, you can design and customize your sales invoice templates and apply on all your sales invoice. This will save your effort and time in creating new invoices from scratch each time.
Be clear
- Your invoices should be always clear on what and how you are charging your customers. Each item charged and the tax incurred also have to be written clearly.
- The terms of payment and period for the order to be done have to be clearly stated on your invoice as well.
How an accounting software help your jewelry company
As an owner of a jewelry company, you may lost track of some information about your stocks, especially when you get busy. Besides, each jewelry may differ from one another depending on their size and weight, it makes it more difficult to always stay on top of your business without the help of technology.
An invoicing and accounting software like TreezSoft is a useful tool for your jewelry company to ensure that you will not lost track on your products' details and pricing. You just have to set once and the information of the product will automatically appear in your invoices when selected.
In addition, by using an invoicing software, you can make sure your professionally designed invoices be used across your invoices effortlessly and be cleared on all your charges and information. Using such software you can also be sure that all information will be organized and retrieve easily. Your inventory will also be automatically updated when issued invoices.
TreezSoft cloud accounting provides add-ons specially designed for jewelry company to keep track of your products' details to save your time trying to keep track all your products and company's finances.
Here are some related topics in TreezSoft blog for your further readings:
TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc.
Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us!
You can also email us at [email protected] for more enquiries.