Accounting
Accounting for pharmaceutical distribution operations
MAYA ERP includes customer and supplier accounting, ledgers, Trial Balance, Profit and Loss, Balance Sheet, inventory valuation and cost of goods sold, drawn from the same transactions as billing and stock.
Reports and records included
- Customer and supplier ledgers, payments and outstanding balances.
- Trial Balance, Profit and Loss and Balance Sheet.
- Inventory valuation and cost of goods sold.
- GST summaries for review with your accountant.
Operational and financial visibility
Accounting information is intended to sit alongside sales, purchases and inventory records, so an owner does not decide from sales alone. Confirm your chart-of-accounts and reporting requirements during a product demonstration, and ask your accountant to confirm the accounting treatment for your business.
Understand the reports
Understanding Trial Balance, Profit and Loss and Balance Sheet explains what question each report answers. Inventory valuation and COGS covers why purchase and return discipline decides the quality of the result.
Frequently asked questions
Which financial reports does MAYA ERP provide?
Ledgers, Trial Balance, Profit and Loss and Balance Sheet, plus inventory valuation, cost of goods sold and GST summaries.
Are customer and supplier balances tracked?
Yes. MAYA ERP maintains customer and supplier accounts, ledgers and payments.
Do I still need an accountant?
Yes for statutory treatment and filing. MAYA ERP provides the records and reports your accountant can review.
See it with your own workflow
Ask for a demonstration using your own purchase, sales, return and reporting scenarios.