7 WINGS ACCOUTNING NXT

Pros
Allows you to send wishes, information regarding invoice, payment, etc. to customers and suppliers. Provides instant chat support in wings accounting nxt.

Cons
Does not offer payroll option, task management, time management and project management features. Cannot import data from other accounting software to wings accounting software.

The Verdict:8

Easy to use web-based online accounting software that helps you to control all your business processes in one integrated system.



Wings accounting nxt is next generation accounting and inventory software developed by wings infonet ltd for small businesses. It helps you in managing accounting, finance, inventory, sales and purchase. It integrates financial accounting and inventory and automatically provides required books and generates instant balance sheet and profit and loss account etc. The dashboard in wings accounting nxt allows you to view several aspects of your business including branch-wise sales analysis, branch-wise pendings receivable, branch-wise stocks to be delivered, negative stocks analysis, comparative monthly sales analysis and spares demand and supply analysis in different graphical formats. It provides ready-to-use reports which offer depth, flexibility, are fast and printable to analyze your data more deeply, in varied way and you can also email the reports.

Accounting and Enterprise Features

You can manage your all types finance including ledger, profit and loss, balance sheet, journals, etc. and create invoices, sales order and purchase order. You can manage your postdated cheque transactions effectively and record your ledger accounts such as cash, bank, assets, debtors and creditors, etc. You can also know previous sales history while invoicing and receive and record amounts from your customer by cheque, cash or PDC. It provides an efficient way to reconcile your bank statement with transactions in wings accounting nxt. Your sales activities such as recording orders, managing advance payments and delivering stocks based on pending orders, delivery address, etc. are performed effectively. You can manage your sales returns, stock reception, purchase returns and discounts for products/customers.

Wings offers you the ability to manage inter-branch transactions and effectively manage cash, bank or stocks transferred to your other branches, while these transfers can be done fully or partly based on the requests made. You can create and manage any number of budgets, for any account or group of accounts, segment-wise, for any period. You can maintain unlimited currencies in addition to your company currency, do transactions and take reports in base and other currencies. Wings enables you to transact in any currency, have reports in any currency of your choice and to have profit and loss statement branch-wise, cash flow based on one or more branch or division etc. You can manage taxes such as VAT, CST, sales tax, TDS, excise, Cenvat, excise invoice, inclusive & exclusive taxes, automatic & manual tax entries, tax registers etc.

Inventory and Payroll

You can maintain inventory across multiple locations and assign pictures of products to use them while entering transactions and taking reports. You can design barcodes with various parameters such as product code, MRP, unit price etc., and define conversion factors between the base and alternate units. Wings accounting nxt allows you to record internal consumption, excesses and shortages of stocks found, and know the current position and value of your inventory with stock valuation report. You can manage your inventory by bins and by attributes such as product types, brands, manufacturers and locate the product in any of your inventory. You can create and manage bill of materials, maintain standard production rate for your products, process work orders, record overhead and excise duty and record the details of stocks returned by production unit.

Pricing

Unknown

Merits

You have instant chat support in wings accounting nxt. You can import data from wings accounting software to tally. The SMS feature allows you to send wishes, information regarding invoice, payment, etc. to customers and suppliers to improve customer relations and increase profits. You can get alerts regarding unpaid bills, stock falling below set threshold, customer debit balance exceeding set limits, etc.

Demerits

Wings accounting nxt does not offer payroll option and task management, time management and project management features. You cannot import data from other accounting software to wings accounting software.

Summary

Wings accounting nxt is easy to use web based online accounting software that helps you to control all your business processes in one integrated system. The tax module works across several countries without modification. Your inventory is effectively maintained and managed. It provides you reports instantly from any corner of business and better way to manage your multi-location business. It offers multiple branch management with restricted permissions, and all branches are connected through internet connection.

  • Financial accounting

  • Purchases/ sales management

  • Receivables/payables

  • Inventory management

  • Multiple currency

  • Multiple branch management

  • Tax option

  • Production management

  • Wings accounting software, review 2016
  • Wings accounting software, review 2016
  • Wings accounting software, review 2016
  • Wings accounting software, review 2016


Most Popular reviewfrenzy see all image


Top Indian Accounting software, Tally Review Tally 100 viewers
Quickbooks Online Accounting software Quickbooks Online 100 viewers
Busy accounting software Review, 2016 Busy 100 viewers
Marg inventory and accounting software, review 2016 Marg 100 viewers
Profitbooks accounting software review, 2016 Profitbooks 100 viewers
Zoho books accounting software, review 2016 Zoho Books 100 viewers
Wave accounting software review, Indian accounting software 2016 Wave Accounting 100 viewers
Reach accounting software, review 2016 Reach 100 viewers


Wings accounting nxt software, review 2016