Globe ERP Software

Globe ERP would be most suitable for small business operations and management. Price for this home-grown software has been set minimum so that small entrepreneurs be encouraged to use software to automate their day-to-day business transactions. Globe ERP leaves behind the traditional “Accounting Package” to give you a lethal arsenal of business tool.

Whatever is the business type, either trading/ manufacturing or service providing, Globe ERP-Lite is suitable for all and it will generate everyday’s report for Sales-Purchase, Receive-Payment, Trial Balance, Profit-Loss, Banalce Sheet etc. Some striking feature are: Globe ERP-Lite facilitates entry of customer name, item name both in English and Bengali. As a result, it is possible to print invoice/bill, money receipt in both languages. If payment is made through bank, bank cheques can be directly printed from software. This facility abolish possible errors usually made during issuing of hand-written cheques and on the other hand, enhance corporate image of the company to the customers .

As a ready and complete software Globe ERP-Lite is very easy to configure as per nature of business. To do the same initially it require to (1) create all ledgers (supplier name, customer name, bank name, heads of income and expense etc.) (2) make entry of closing balance of previous month as opening balance for all account heads and stock items (3) transaction of different vouchers. That’s all. Just after completion of each entry, software will automatically make posting in ledgers, calculate ledger balance and all other reports on real time basis. As inventory is integrated with accounts, stock reports also generate automatically.

In computerized accounting, while creating new ledger, it is required to classify ledger suitable under relevant Accounts Group to tell the software the nature of the Ledger and where it will appear. This is necessary at this stage as all reports are prepared real-time the moment transactions (Vouchers) are done. In case of Manual Book keeping, this classification is done at later stage (after preparation of Trial Balance, Nominal Accounts are transferred to Profit & Loss Account through Journal Entry, Real and Personal Accounts are posted to Balance Sheet under proper heading i.e. Groups).

At year end, in manual book-keeping, it is required to pass Journal entries to transfer closing balance of all nominal account to prepare Profit & Loss Accounts, which you need not required to do in case of computerized Accounting. The advantage is that accounts are always real-time and any modification is instantly reflected.