We are delighted to have you on board! Get ready to streamline and optimize your business operations with Invent ERP. Our goal is to ensure a smooth, efficient, and enjoyable setup experience, guiding you through every step of the process.
Quick Setup: A Powerful Tool for a Seamless Start
In today’s video, we will explore Quick Setup, one of the most powerful and time-saving features of Invent ERP. With Quick Setup, you can configure your account in just five minutes, ensuring that all essential settings are in place to help you get started effortlessly.
Accessing Quick Setup
You can access Quick Setup through: ✅ The homepage ✅ The toolbar in the upper right-hand corner of Invent ERP
Clicking on either option will take you directly to the Quick Setup page.
Step 1: Company Data
The first section of Quick Setup focuses on Company Data. Here, you can enter crucial business details, including: ✅ Tax & VAT ID ✅ Official legal and commercial registration details
This information is essential for customizing Invent ERP to match your business needs.
📌 Important: Don’t forget to upload your company logo to personalize the system!
Step 2: Accounting Data
In this section, you can: ✅ Set up your main currency and additional active currencies for transactions ✅ Enable American Accounting Practices (if applicable), allowing you to record the cost of goods as an expense when invoiced to customers rather than when received into inventory
📌 For more details on American Accounting Practices, check out our dedicated tutorial.
You also have the option to: ✅ Enable automatic currency rate updates, ensuring your financial data remains accurate at all times (available in certain countries)
Additionally, you can: ✅ Predefine default terms and conditions for invoices, orders, and quotations—saving time and ensuring consistency across documents.
Step 3: Bank Data
Here, you can enter your banking details with ease.
📌 To add a bank, simply click the Quick Add icon and provide: ✅ Bank Name ✅ SWIFT Code ✅ Country
Step 4: Tax Settings
The Tax Settings section allows you to configure tax preferences, including: ✅ Default Sales Tax, which will automatically populate tax fields when creating new products ✅ Default Purchase Tax for consistent tax application ✅ Tax Return Periodicity, determining how often tax returns are filed ✅ Journal Selection, specifying where tax return information will be recorded
Step 5: Report Customization
Finally, you can customize the appearance of your reports by: ✅ Setting up report headers and footers to match your company’s branding ✅ Defining the layout of reports, quotations, bills, and invoices for a professional and cohesive look
Final Thoughts
We hope this tutorial has provided a clear and comprehensive overview of how to get started with Invent ERP.
Thank you for choosing Invent ERP—your partner in business efficiency and growth.
