Accounting

Accounting

Perpetual Inventory and COGS

How Udyot ERP links stock to your books with perpetual inventory and COGS — why expense is recognised at sale, not purchase, for a true gross margin.

2 min read

Accounting

Cost Centres and Profitability

Track profit by branch, project or department in Udyot ERP with cost centres — tag vouchers and read a reconciling Cost Centre Profitability report.

2 min read

Accounting

Budgets and Variance

Plan income and expenses in Udyot ERP and compare plan vs actual with a budget variance report — favourable, on-target and unfavourable flags per ledger.

1 min read

Accounting

Deferred Revenue and Prepaid Expenses

Recognise income and costs in the right period with Udyot ERP deferred revenue and prepaid expense schedules — automatic, even monthly recognition.

2 min read

Accounting

Bank Reconciliation

Reconcile your bank statement in Udyot ERP — match cheques and entries, track unreconciled items, and keep your cash book accurate.

5 min read

Accounting

Closing the Financial Year

Close your Nepal fiscal year in Udyot ERP — transfer profit to retained earnings, lock the period, and post NFRS restatements when needed.

5 min read

Accounting

Multi-Currency Transactions

Handle foreign-currency sales and purchases in Udyot ERP with NRB rates, and revalue receivables/payables at period end per NAS 21.

4 min read

Accounting

Chart of Accounts

Set up your chart of accounts in Udyot ERP — Nepal-ready account groups and ledgers aligned to NFRS, with double-entry posting built in.

6 min read

Accounting

Recording Vouchers

Record every transaction in Udyot ERP with the right voucher — sales, purchase, payment, receipt, contra and journal — in Bikram Sambat.

4 min read

Accounting

Sales and Purchase Invoices

Create Nepal VAT invoices in Udyot ERP — 13%/0% VAT, discount before VAT, HS codes and PAN — with stock and accounts updated automatically.

5 min read