Procedure for running financials from a separate software package.

Overview

If you are using Readysell Lite for only Sales and Customers you will need some method of getting the financial data out of Readysell to insert into another stand alone system.
As long as you only have one main bank account you can do one of the following.

1. Readysell has a standard Chart of Account with only the one main bank account set up
2. Readysell has a standard set of tenders that point to only the one Main Bank Account. So if you are using multiple bank accounts and/or credit card accounts, you will not get the breakup for each individual bank account.
3. Readysell in respect to Cash or Accrual GST will need to be activated via a System Reference before go live.
4. Readysell GST can be accessed from GST Items

Using Reports to extract financial information:

General ledger Trial Balance 

1. Log onto Readysell>Reports>Form Reports> General Ledger Trial Balance (All Sites)
2. Highlight one of the parameters and click on 'Show report using Parameters'
3. Enter the start period and end period 
4. Click on OK
5. Report will appear to screen
6. The reports shows you the Movement for the period in question for all postings.
7. Some of the key information you might want to extract from the general ledger trial balance and then type into your separate financial package include the following:
   1. Sales Revenue
   2. Cost Of Goods Sold
   3. Stock on hand
   4. Bank
   5. Accounts Receivable
   6. Accounts Payable

For some additional data extract options see:

• Additional ways to extract information from Readysell Lite for external financial packages
• GST