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No. 38

Newsletter

17 July 2026

 Tip

In case you do not wish to issue full kit in one go, you can use Stage feature of the BOM. This way you can put MRN stage wise thus avoiding entire BOM to get issued in one go.

 

 Did you know?

Did you know that you can use Dismantle feature to convert an Assembly into components. This can be used to then return the components back to stores. It is the reverse of Assembling.

 Best Practice

Set PR to be mandatory for raising PO. PO should not get raised without Purchase Requisitions. This improves the accountability for whatever is being purchased. It also eliminates unnecessary stock and thus the stock carrying cost.

 

 Understanding Reports

Report Name Customer's Interest Calculation Report
Where to find it Accounts >> Analysis Reports
Who should use this Finance, Management & Sales
What frequency to check: Once a month
Filters for the report Date range, Customer and Interest Rate

Screenshot of the Report

Report showing Screen shot of "Customers Interest Calculation Report"

Report showing Screen shot of "Customer's Interest Calculation Report"

This report opens for one customer at a time for a given date range. You can set the interest rate

This report opens for one customer at a time for a given date range. You can set the interest rate



Information in the report & how to use it:

  • The report shows Invoice wise amount of interest lost due to late payment from the customer
  • It calculates the difference between due date and actual date and applies interest
  • In case the payment is made early, the interest is negative. Thus, the net interest total at the bottom shows the net loss of interest for a given customer
 

 Notification

  • OurSys has been updated with the latest Government E-Way Bill compliance change of Mandatory Bill To & Ship To GSTIN Validation and Closing E-Way Bill Option.

 

 What's new

  • A new report "Sales Order Stage Wise Detailed Status Report" has been released. This report provides a complete stage-wise breakup of Sales Order quantities. Users can now track the quantity at each stage, including PPC Planning, Job Order Released, Production, Outsourcing, Packing, Final Inspection, Inward, Stock Availability, and Dispatch Status, enabling quick visibility of the exact position of the order in the execution process.
  • While raising the PR, users can now instantly view important item information such as Current Stock, Free Stock, Allocated Stock, MOQ (Minimum Order Quantity), EOQ (Economic Order Quantity), and other relevant details, enabling better purchase decisions and faster data entry.
  • A Multiple Schedule provision has been added in Purchase Requisition. While selecting an item, users can now specify if multiple delivery schedules are required
  • A Revert option has been added in RFQ. Authorised users can now revert a finalised RFQ back to an editable stage, make the necessary corrections or updates, and finalise it again, ensuring greater flexibility and improved data accuracy

 Article

BOM The Heart of Manufacturing

In every manufacturing company, there is one document that quietly influences almost every department-from Sales and Design to Purchase, Production, Stores, Costing, and Finance. That document is the Bill of Material (BOM).

Read the full article
 

 Case Study

Selecting Components of BOM based on parameters

Customer Introduction:

This company is valve manufacturing company

Challenge

In order to prepare BOM, the components had to be added one by one after searching for them either by Item No. or Description. This process is difficult as one has to remember Item Numbers and/or descriptions.

The Solution:

We developed a new feature in BOM where Items can be added by selecting the parameters used for its codification. The system lists out items which meet the parameter combination.

The Result / Benefits:

Thus items can be quickly and accurately added to the Bill of Material.