Saturday, September 1, 2018

EMAZING WAYS MARKETING INC. GOES TO CLOUD

Customers are the source of bread and butter of the company. They are the Kings. It is only proper to give them the exceptional services the company can. The key is to empower the employees, considerably the greatest asset, who are serving the customers. Making sure the servers are protected and have enough coupled with the good system in place definitely make them happy, productive and proud thereby executing truly amazing services. This is so because employees' hearts are repeatedly chanting 
"I will grow old in this company"
"I will grow old in this company"
and so on and on...

https://www.emazingways.net/
https://emazingways.wordpress.com/
https://www.emazingways.net/
No wonder the environment conducive to creativity within the company continuously improve with the acquisition of the latest cloud computing technology services on August 8, 2018 by Ms. Geraldine Gervacio the shrewd President and CEO of Emazing Ways Marketing Inc. How she got and maintained her world giants clientele was due to her being very meticulous in making choices. Never she will decide for example on software and providers to use by the company unless tested and evaluated by her IT Technical Consultant Ms. Elle Dee, Financial Consultant Mr. Larry Baysa CPA, and Financial & Functional Consultant Mr. Dondi Ly-iacco, a BIR Accedited CPA. They have chosen Ikonomikal Cloud ERP among the foreign and local software providers.
Https://ikonomikal.com
Https://hq.ikonomikal.com


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Friday, July 20, 2018

CONSIGNMENT IN CLOUD & SMS TECHNOLOGIES

PROBLEM BACKGROUND
Nowadays, real time information can easily be provided by the cloud technology. Yes it is true "if" the internet connection is good in all locations. What about if there are company branches or outlets with poor internet or no connection at all"? What about if the people at the outlets or the transporter knows only using mobile phones? Then the information is incomplete. The big question is "How to get the data from the remote sources in real time and consolidate them to the company information system in a cloud technology?". This is the real problem of the majority number of small to medium enterprises in particular in the franchising industry. Owners want updated, uninterupted and instant information about their sales, VAT, cash, undeposited collection, cost of sales, gross profit, expenses, net profit, inventory of finished goods and raw materials, payables, receivables, undelivered sale orders and purchase orders etc...
Software: https://ikonomikal.com
Company: https://hq.ikonomikal.com



SOLUTION
The answer to the big problem is the combination of Cloud and SMS technologies working with and without internet respectively. SMS is the last layer of communication sending messages to mobile phones with internet connection for example those located in the company head office. The integrated iKonomikal Cloud ERP SMS Gateway being used by the company has the capability to receive text data and transform them into transaction and post as well without human intervention. It also automatically prepares report and send them to mobile phone. Mobile phone can send request of a report to iKonomikal and iKonomikal will reply back to the mobile phone. Ikonomikal is available on a very affordable subscription scheme thereby avoiding financial impact. TCS or The Cost of Subscription is considered as OPEX rather than CAPEX.
Software: https://ikonomikal.com
Company: https://hq.ikonomikal.com
https://play.google.com/store/apps/details?id=bcss.xmrn.wi.nt.smgw.android
The combination of Cloud and SMs technology increases the way data is entered in Ikonomikal Cloud ERP. They are through:

  1. Data entry to the program
  2. Import or upload of Master and Transaction files using Excel or CSV formats
  3. API or Application Programming Interface from 3rd party program such as biometrics, POS or other client's legacy system
  4. SMS/ Text from ordinary mobile phone

Documents and reports are displayed or downloaded in the following file formats

  • Crystal
  • PDF
  • Word
  • Excel
  • Excel Data

iKonomikal's security and safety features are quite strong. These are:

  1. Cloudflare (Threat remover)
  2. SSL Grade A (Secure Socket Layer)
  3. Microsoft Azure Firewall
  4. IP Address Lock (White Listing)
  5. Identity Based Security
  6. User Invitations
  7. Role Based Security
  8. API/Webserver Based Data Access
  9. Audit Trail Logs
  10. Self Service Database Restore
  11. Geo Database Restore
  12. External Database Backup Storage


ON CONSIGNMENT
The Cloud and SMS technologies are vital in the supply chain and franchising industries in particular is the consignment deals with their clients. The combination feature is only available in iKonomikal Cloud ERP.

 Consignment activities require the versatile iKonomikal Cloud ERP both in operations and financial transactions. One of the good features of iKonomikal is it has graphical dashboard of 38 Financial Ratios and Performance Indicators that are available in real time. In addition is 92% of the accounting entries are automatically generated.

 The goods sent by the consignor are kept by the consignee. The records are in the consignor's iKonomikal. The consignee could be a franchisee or branch or outlet. Consignee's sale is recorded as receivable while the reduction in inventory as cost of sale by the consignor. The sale maybe gross or net of commission. Cash is collected from the consignee net of commission.

 Ikonomikal provides in real time the consignor the following
1. Stock and value in the 
    a. company/consignor warehouse
    b. transporter custody
    c  consignee custody
2. Sales value and volume
3. Cost of Sales
4. Receivable from the consignee
5. Gross profit from the sale of the consignee

TRANSFER OF GOODS
The transfer of goods means the shipment of goods from the consignor to transporter then to consignee. Aside from the warehouse of the consignor additional 2 virtual warehouses within Ikonomikal are created namely 1. Transporter and 2 Consignee to identify the whereabouts and accountability at any time.


 1. Consignor to Transporter - goods are taken by the transporter for delivery to the consignee.
Accounting entry:
Debit Inventory - Transporter
Credit Inventory 
To record goods taken by the transporter for delivery to the consignee

 2. Consignee from Transporter - goods are received by the consignee from the transporter.
Accounting entry:
Debit Inventory - Consignee
Credi Inventory - Transporter
To record receipt of goods by the consignee from the transporter

 COST AND QUANTITY ADJUSTMENT
3. Adjustment for the cost and quantity is the result of loss or damage
and the transport cost
The adjustment to be done could be either of the following
    a. Quantity Increase
    b. Cost Increase
    c. Quantity Decrease
    d. Cost Decrease
    e. Both Increase
    f. Both Decrease
Therefore the transaction will be entered either the quantity or the cost or both which may increase or decrease.



Adjustment Choices

 SALE AND DELIVERY OF GOODS 
The sale of goods by the consignee is entered in iKonomikal as sales to consignee from the consigned goods. The consignee can enter directly if he has access or send text to iKonomikal to record the sale and receivable, and the reduction of inventory to cost of sale. The Delivery Note is automatically generated as an option once the Invoice is posted. So there are two documents that can be printed. The option to issue more than one Delivery Note as a result of multiple deliveries can be invoiced individually or combine all Delivery Notes into one Invoice. The delivered goods are taken from the goods in the custody of the consignee.

 Invoice Accounting Entry
Debit Accounts Receivable
Credit Sales 
To record the sales quantity and amount of the company to the consignee.

Delivery Note Accounting Entry
Debit Cost of Sales
Credit Inventory -  from the stock of the consignee
To record the quantity and cost of the sales to the consignee

 Inventory History - Stock Ledger Card


Gross Profit/Margin Analysis
Statement of Account


COLLECTION OF RECEIVABLE 
The collection of outstanding receivable could either be through bank check/transfer or through in mode of cash as shown on the image.
Accounting Entry
Debit Cash on Hand
Credit Accounts Receivable
BANK DEPOSIT OF COLLECTION 
The company may have a policy that all collections must be deposited to the designated company bank account. That is to avoid risks such as loss due to robbery, holdup, temptation or fortuitous events.
Accounting Entry:
Debit Deposit in Transit
Credit Cash on Hand

BANK RECONCILIATION
The process of comparing company bank transactions and the bank statement is called bank reconciliation. It signifies that the deposit has been recorded by the bank as shown in the statement the bank has proivided.
Accounting Entry:
Debit Cash in Bank
Credit Deposit in Transit

END OF BLOG

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For inquiries contact:

Companies:
iKonomikal Cloud Services
Department of Trade and Industry Cert#: 04929944
Mayor’s Permit: BCN 1914-56
TIN: 224 089 131 VAT Registered

TR iKonomikal Consultants
Department of Trade and Industry Cert#: 04929961
Mayor’s Permit: BCN 1914-56-01
TIN: 224 089 131 VAT Registered

Address:
Ground Floor, TG Rolluqui Building
117 Burgos Street Corner Regalia Street
Brgy. Bagong Silang, Poblacion, Santa Cruz
Marinduque, 4902, Region 4B, Philippines

Links:

Phones
M: +63 918 229 5934 (Smart)
M: +63 917 813 4905 (Globe)
T:  +63 2 257 6646

iKonomikal Cloud ERP
Software Website: https://ikonomikal.com
Company Website: https://hq.ikonomikal.com

------------------------------------------------------------------------------------------


Please click also the following to know more about Ikonomikal

Suggested modifications, customizations and developments with general industry use is FREE OF COST. 24/7 online Technical Sup


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Thursday, July 5, 2018

DEUS LOGISTICS GOES TO CLOUD

Deus International Global Logistics  recenlty started using Ikonomikal Cloud ERP after a month of implementation. The need to change was very urgent due to the difficulties inflicted by their previous software.
http://deuslogistics.ph/



From left to right are:
Benick A. Rolluqui - VP R&D, Ikonomikal
Archie Joey M Rolluqui - General Manager, Deus Logistics
Trudy A. Rolluqui - BOD, Ikonomikal
Ted G. Rolluqui - President & CEO, Ikonomikal
Jarrah T. Dima-ala - Manager Marketing & Business Development. Deus Logistics
Audrey Dizcaya Garcia - Manager Forwarding and Finance, Deus Logistics
Ruth Zablan - Finance, Deus Logistics

https://www.facebook.com/deuslogisticsph/


The company users are now enjoying the use of the fully integrated Ikonomikal Cloud ERP. 

The frequently used programs are 
1) Advance, Payment and Liquidation of the HR Payroll Modules 
2) Waybill Request of the Shipping and Containers Module for the trucking operations
3) Cargo Management System Modules for the forwarding and brokerage operations
4) Project Profitability Statement per Shipment or per Client
5) Customer Statement of Account 
https://hq.ikonomikal.com 
https://ikonomikal.com

THE PROGRAMS


1. Advance, Payment and Liquidation
The development in 2011 of this program was requested by 
Skyfreight Forwarders Inc.
Parañaque, MM. NCR, Philippines
W: http://www.skyfreight.com.ph/ 
Payment of Request, Liquidation and  Return of Excess Advance



2. Shipping And Containers for Trucking
The development in 2013 of this program was requested by
Manawla Cargo Co. Ltd
Dammam, Eastern Province, Kingdom of Saudi Arabia
W: http://www.munawlacargo.com.sa/












3. Cargo Management System for Forwarding and Brokerage
The development in 2017 of this program was requested by:
Victors Freight International Corp.
Intramuros, Manila, MM, NCR, Philippines
W: http://www.victorsfreight.ph/ 
Blog: Cargo Management System
Blog: Workflows of Cargo Management System





AR/AP PROGRAMS - Reimbursable Invoice, Debit & Credit Notes


4. Project Profitability Statement per Shipment or per Client













5. Statement of Account


In multiple options



Balance Forward



Outstanding Balance or Open Items


DEUS INTERNATIONAL GLOBAL LOGISTICS, INC.
Unit 202 Sanrise Place M. H., 2164 M. H. Del Pilar St,
Malate, Manila, 1004 Metro Manila, Philippines
T: (02) 518 3841
E: info@deuslogistics.ph
W: http://deuslogistics.ph/
FB: https://www.facebook.com/deuslogisticsph/


END OF BLOG

------------------------------------------------------------------------------------------
For inquiries contact:

Companies:
iKonomikal Cloud Services
Department of Trade and Industry Cert#: 04929944
Mayor’s Permit: BCN 1914-56
TIN: 224 089 131 VAT Registered

TR iKonomikal Consultants
Department of Trade and Industry Cert#: 04929961
Mayor’s Permit: BCN 1914-56-01
TIN: 224 089 131 VAT Registered

Address:
Ground Floor, TG Rolluqui Building
117 Burgos Street Corner Regalia Street
Brgy. Bagong Silang, Poblacion, Santa Cruz
Marinduque, 4902, Region 4B, Philippines

Links:

Phones
M: +63 918 229 5934 (Smart)
M: +63 917 813 4905 (Globe)
T:  +63 2 257 6646

iKonomikal Cloud ERP
Software Website: https://ikonomikal.com
Company Website: https://hq.ikonomikal.com

------------------------------------------------------------------------------------------


Please click also the following to know more about Ikonomikal

Suggested modifications, customizations and developments with general industry use is FREE OF COST. 24/7 online Technical Sup

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