Most times, businesses do suffer due to lack of proper book keeping. The best way to do this is to use specialized computer based programs to actualize it. The benefits are enormous.
In trying to achieve such, financial constraints may set in, this is the reason behind this software. It is free and can run on your mobile devices (no need for computers, generators, inverters or whatever).
The primary aim is to empower Nigerians. Anyone can earn a living from it if one is proficient in it by setting it up for business owners for a price.
SmartBizVentory stands for Smart Business Inventory and it is a free inventory management software developed by EfoSmart of Nigeria with excel for inventory management. It has different versions for all versions of Microsoft Excel like Windows, Mac, android and iOs.
Functions.
After setting StartTime and EndTime, it can can report per Product/Service:
1. Quantity sold/Number of transactions
2. Amount realized
3. Profit
4. Balance stock
5. Balance stock worth at cost price
6. Balance stock worth at selling price
7. Balance stock expected profit
8. Last date of stocking
9. Minimum set stock quantity (for guide)
10. All other Expenses outside Staff Cost
11. etc

Other functions are

1. Numbers of days for a product to expire.
2. Balance quantity in stock
3. Reorder point
4. History of Products Purchases/Inflow (Products, Dates, Last Stock Quantity, Previous Stock quantity, Current Stock quantity, etc)
5. Total amount realized
6. Total Profit
7. Monthly Staff Cost
8. Net Profit

Mobile version Videos
1. Features Summary
https://www.youtube.com/watch?v=V_j7QstS6EM
2. Mobile intro Summary
https://www.youtube.com/watch?v=T-wRIExQG-8
3. Complete lectures
https://www.youtube.com/watch?v=OXyzD3Qb2Og?t=1s

For PC and Mac Videos
1. Intro
https://www.youtube.com/watch?v=9caXIBgLgVA
2. Full lecture
https://www.youtube.com/watch?v=7OauoiEckfw?t=00m01s

Download link
http://www.efosmart.com/2017/10/smartbizventory-download-page.html

Features
1. It support Microsoft Excel (2013 and above). Download Excel from Store and sign in with your Microsoft account credentials to use the mobile version
2. User friendly. Inputs are either automatically populated or are selected from dropdown list
3. Can work on any Operating System that supports Microsoft Excel
4. Dynamic search of products/services from the database.
5. Available instructional videos for quick understanding
6. Can generate receipt in PC Mode
7. Print transformation (Can transform between tiny paper size (POS Type) and normal A4 format based on choice)
8. Requires password for users to log in
9. Different User privileges with ability to change the default password (the default Admin password is a).
10. Option for numbers of receipt copies to print.
11. Variable VAT implementation
12. Can be used alone or with multiple users for group transactions at same time
13. Free to use. Has life cycle of first one year of usage. Need to download the latest version at year end or reach us for time extension if desired. All data of past years remain preserved and responsive
14. Ability to monitor all deleted/Reversed transactions
15. Can auto-restock returned/reversed transactions of very recent operations back to database.
16. Can handle up to 5,000 products in the database
17. Can handle up to 100,000 transactions/records
18. Online capabilities for remote monitoring

Applicable Fields
1. Shops (Retail and Wholesale)
2. Stores (Small and Industrial)
3. Warehouses
4. Hotels
5. Saloons
6. Any Business Organization (requires adaptation skill of the user)


Note: This program was built with a lot of effort by a Nigerian like you. It is free for use with the belief that whoever uses it will watch the in app youtube links for guide. The burden to lecture every user will be too much on us. The videos were specially made to do that. You can also setup for people (Mobile, Computers, Apple etc) for a fee because knowledge is power.

So congrats Nairalanders. Its a 'win win' affair.

waoh!