It prints each product s sales history, predicts when each product will sell out, and notices which products are generating the largest profits. By analyzing all that information, it determines which products to reorder and in what quantities. For each product it says to reorder, it prints a purchase order, to mail to the supplier. It keeps track of whether the supplier has sent the requested goods. At the end of the year, it totals the dollar value of all the products in the inventory, to help compute the value of your business and your tax.
Accounts receivable The accounts-receivable program computes how much each customer owes.
It notices which bills and invoices have been paid. It sends dunning notices to the customers who are late in paying the ones that are past-due . It refuses to accept orders from customers who are past-due or reaching their credit limit. It computes a finance charge for customers who pay late. It gives discounts to customers who pay quickly or buy large quantities.