Wings ERP Classic

Wings takes care of the entire finance function: complete financial accounting including General Ledger,Profit & Loss, Balance Sheet, Cash & Funds Flow, etc...

Cash & Bank

Wings takes care of every process covering cash and bank management including Bank Reconciliation, Inter-Bank Transfers,
Cheque Bounces etc.

Wings makes Bank Reconciliation easy.

Journal

Wings enables adjustments such as, debit and credit notes, journal vouchers, opening entries, etc.

Post-Dated Cheques

Complete PDC management includes accounting for receipts, payments, deposits and clearings of PDCs. It helps in effective management of outstanding PDCs.

Credit Cards

Manage collections by credit and debit cards, interfaces with swipe machines etc. It also accounts for amounts received from credit card companies.

Reports

Wings generates all books and reports essential for great accounting. This includes:

• Profit & Loss, including branch-wise
• Balance Sheet, including branch-wise
• Trial Balance, including branch-wise
• Cash Flow
• Funds Flow
• General Ledger
• Day wise Summary Ledger
• Cash & Bank Books
• Sales & Purchase Books
• Journal & Day Book
• Listing Reports
• Trend Analysis
• Transactions Analysis

Manage sales flow completely, from orders to invoicing and collections.

Enquiries

Record enquiries for products and services from customers, with all details. You may also cancel enquiries fully or partly.

Quotations

Send quotations to customers, against or without enquires. Cancel quotations fully or partly.

Deliveries

Deliver stocks based on pending orders, with or without free items, etc.

Orders

Record sales ordered with delivery dates, terms and conditions, delivery addresses, advances, against or without quotations. You may even reserve stock while booking sales orders, both party-wise and product-wise.

Collections

Receive amounts from customers by cash, cheque, cards or PDC. Adjust pending bills and record terms and conditions.

Price Differences

Calculate the difference in sales price of products/services. Wings automatically displays the prices applied in previous invoices and lets you to apply new prices and calculate the difference between new and old prices of products/services. This helps you to analyse your sales in a better way.

• Automatically displays list of previous invoices along with prices.
• Apply new rates
• Bulk update prices based on UOMs.
• Bulk update prices based on a price list of your choice.
• Know previous prices.
• Mark-up or mark-down prices by percentage or value.

Sales Targets

Set targets for your branch, group of customers and groups of products. For a month or year. For quantity or value. Measure performance by targets versus achievements.

• Sales Target Achievement by Value
• Sales Target Achievement by Quantity

Invoicing

Raise customer invoices against or without orders/deliveries. Invoices can be Tax Invoices for GST or Retail Invoices for B2C. Invoices may be against pending orders or delivered stock, against cash or on credit. Know previous sales history while invoicing.

You may also specify if invoicing should not be allowed beyond minimum and maximum sales prices.

Returns

Record stocks returned by customers, and optionally reference of sale invoice or delivery notes.

Discounts

Apply discounts based on product/service or a party.

• Apply discounts in bulk for products/services.
• Apply discounts in bulk for your customers.
• Party-wise, product-wise discounts
• Voucher discounts
• Set effective date for discounts

Analysis

Wings gives great analysis of your sales. Some reports include:

• Sales Book
• Enquiries
• Quotations
• Order Book
• Deliveries
• Open Transactions
• Picking List
• Invoice-wise Profitability
• Product-wise Profitability
• Sales Analysis Reports
  • By Product
  • By Party
  • By Executive
• Sales comparison for Last Year and Current Year
• Sales comparison for last month and current month
• Profitability Report
  • Invoice wise
  • Product wise
  • Product Batch wise

Manage Purchases efficiently, from enquires to managing purchase invoices.

Requisitions

Manage purchase requests from your teams.

Enquiries

Place product enquiries with suppliers and receive Quotes, directly or based on requisitions. Store terms and conditions given by your vendor/supplier.

Quotations

Receive Quotations from vendors.

Receive Stocks

• Record Material Receipts, fully or partly with additional costs incurred, if any.
• Apply costs on quantity or value bases.
• Record critical details such as invoice number and date, mode of transport and vehicle details.

Returns

Record stock returned to your supplier in case of a damage, exchange etc with reference of a purchase invoice or a material receipt or without.

Orders

Enter Purchase Orders based on, or without, quotations received. Record advance paid to suppliers.

Purchase Invoices

• Enter supplier invoices against or without orders/receipts. You may also directly enter invoices without orders or receipts.
• Pay to your supplier by cash, cheque or PDC.
• Adjust pending bills.

Price Differences

Calculate the difference in purchase price of products and services. Wings displays prices applied in previous invoices and lets you to apply new prices and then calculate the difference between new and old prices of products/services. This helps analyze and handle all purchase better.

Reports

Get great analysis of your purchases function, including:

• Purchase Book
• Requisitions
• Enquiries
• Quotations
• Orders
• Material Receipts
• Purchase Invoices

The most complete inventory management in its class.

Products

Manage any number of products with product codes and detailed attributes like product types, product categories, sub-categories, brands, class, sub-class, season, style, and even measurements (LBH).

Batches

Wings support Batches fully. In Batches, include branch, transaction date, financial year, MRP, product, product code, supplier batch text, manufacturing date and expiry date.

Serial Nos

Wings can manage inventory by Serial Numbers. Management of inventory of equipment, mobile phones etc becomes feasible.

Assign pictures

Assign pictures and use them while entering transactions and taking reports.

Barcodes

Assign barcodes to products and scan them while entering transactions.
The barcode interpreter helps configuring how products are scanned in transactions. Design barcodes with parameters such as product code, MRP, Unit Price etc. and print them.

Multiple Units

Maintain products in base and alternate measurement units. Use conversion factors to convert from one unit to another.

Multiple Price Lists

Maintain price lists apart from the standard sales and purchase prices. Use Price Lists in multiple ways.

Locations

Maintain inventory across multiple locations within each Branch.

Inter-Branch Transfers

Transfer stock to other branches based on requests.

Stock Conversion

Convert items of one unit to another. For example, convert bags to packets, drums to litres etc.

Internal consumption, Excesses & Shortages

Record internal consumption, excesses and shortages of stocks found.

Bins

Manage inventory by bins where it is stored.

Valuation

Wings does valuation of inventory by these methods:

• Weighted Average
• Weighted Average Monthly
• FIFO (first in, first out)

Stock Taking

Do complete Stock Taking on Wings. Initiate the process, take physical stocks and determine variances.

Reorder

Minimize inventory holding costs. Manage stocks to reorder. Maintain reorder, minimum and maximum levels. Take reports of stocks to be reordered.

Reports

The below graphical representation shows the list of various reports covered under the Inventory module:

• Stock Ledger
• Stock Lists
• Stock Lists with Alternate UOM
• Stock List with Price Lists-
• Stock Balances
• Stock Valuation
• Stock Valuation by Branch
• Stock List with Alternate UOM
• Stock Ageing
• Stock Transaction Analysis
• Reorder Reports
• Reorder Reports by Location, with details like pending purchase order quantity, pending sales order quantity and stock in hand.

Manage stage-wise Process Manufacturing with this add-on module. It covers the following processes:

You may choose to manage the processes through a series of transactions or through a simple, single transaction. This primarily requires each stage to define inputs and outputs of products, stages are linked to production routing, and routing is linked to process BOM.

Bill of Material

Define the multiple stages in a single Bill of Material. Specify input materials, quantities and output product, quantities, etc for a specified quantity of manufactured goods. Define by products and machine hours for each stage.

Product Batch Policies

Create multiple batches based on production batch policies. In this include financial year, transaction date, batch text, product code etc. Maintain policies for creation of product batches manufactured. Specify parameters including if batches are to be created automatically or manually.

Standard prices

Maintain standard production rates for your products.

Process work orders

Production Orders of two types: Make to Order and Make to Stock. Based on this, the system generates production orders. Input material is calculated based on output product quantity.

Production Indent

The plan of production for finished products.

Issue Stock

Issue stocks to product units based on the work orders raised against the chosen finished product.

Returned Stock

Record the details of stocks returned by the production unit, for example, excess stocks returned.

Receive Finished Goods

Record receipt from production of stock of semi-finished product or finished product at each stage and other details like Batch name, manufacturing date and expiry date.

Close Work Orders

Choose from the list of open work orders to be closed.

Production Operations

Each production operation can have individual inputs, output products, by products and machine hours.

Production Routing

The sequence of production process. For Ex Grading, Treated and Packing.

The add-on Import module helps you manage your import transactions taking care of Indian statutory requirements.

Material Receipts (Imports)

Record material received from abroad including costs and details of insurance, freight, customs clearance etc. Receipts can be against Orders or direct.

Import Purchase Invoices

Capture purchase invoices from vendors for goods or services imported from abroad. At the same time, record and manage costs, vendors and details of insurance, freight, customs clearance and other expenses to be able to track and manage each element of cost.
Wings also takes care of GST applicable by reverse charge.

Customs Duty Configuration

You may specify the Customs Duty payable on a variety of products you import in the Customs Duty Wizard. This includes specifying Duty Rates, attaching them to products etc to enable Wings to apply the correct rates to transactions and accounts.