Account Management System is use for all small and large scale business for maintain accounting with inventory system.
An inventory management system is the combination of technology (hardware and software) and processes and procedures that oversee the monitoring and maintenance of stocked products, whether those products are company assets, raw materials and supplies, or finished products ready to be sent to vendors or end consumers.
A complete inventory management system consists of:
A system for identifying every inventory item and its associated information, such as barcode labels or asset tags. Inventory management system.
Hardware tools for reading barcode labels, such as handheld barcode scanners or smartphones with barcode scanning apps.
Inventory management software, which provides a central database and point of reference for all inventory, coupled with the ability to analyze data, generate reports, forecast future demand, and more.
Processes and policies for labeling, documentation, and reporting. This should include an inventory management technique such as Just in Time, ABC Analysis, First-In First-Out (FIFO), Stock Review, or another proven methodology.
People who trained to follow these policies and processes.