Inventory management is the supervision of non-capitalized assets (inventory) and stock items. It is all about knowing what is on hand, where it is in use, and how much finished product results. As a part of inventory management, accounting software keeps a detailed record of each new or returned product as it enters or leaves a warehouse or point of sale.

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Track obligations to suppliers, control cash flow, and speed data entry with the accounting applications which provide a wide way of predesigned reports and, and take advantage of the flexibility to pay all invoices, prepay selected vendors, or split invoices for payment
Sales module manages all aspects of sales orders and customer service transactions
Purchasing module stay on top of purchasing processes with streamlined management of purchase orders, inventory receipts, vendor invoicing, and supplier refunds
Complete all of payroll processing tasks with Payroll; track hourly and salaried employee wages, print checks, manage sick and vacation accruals, and produce timely reports