Intex Consulting doesn’t offer any own solution for the Financial Accounting. Is that a weakness of our software? From our point of view it’s rather a big strength. Anything related to the valuation, inventory management, standard costing based upon the article specific target machine settings, actual costing based upon real times and consumptions from the monitoring, profit margin calculation, invoice posting, credit limit control, everything related to the textile material – all of these important functions are covered by intex. Solely the pure accounting is getting interfaced in a lean way.
The frequent changes of the tax regulations in several countries and local legal requirements lead to this strategy which we follow since the beginning and aim to go in this way in future. If local legal requirements are touching intex’ functionality they get naturally developed as part of the standard. For instance intex covers E-Invoicing process in Italy and Turkey (EVRIM) and others. Intex Consulting will provide the data to the General Ledger and get bilaterally updated frequently. So intex can concentrate on providing data and possibilities for increasing the textile businesses’ profit margin – and our customers are free to choose simply the best Financial Accounting they can find to suit their needs.
If you have any question on this topic feel free to reach out to us!