Loan Classes and Reporting Groups | AcuLoan
AcuLoan has the ability to create loan classes and report groups. These two categories will allow users to organize the loans and assist with reports. Below is a brief overview of both loan classes and reporting groups.
Acumatica 2022 R1 Feature Review: Pro Forma Invoices
Acumatica 2022 R1 has been released and there are several new features to highlight for each edition of the project. To continue with the projects/construction edition, there are a few changes to note about the Pro Forma Invoices Form (PM307000). See the below screenshot and notes with information regarding the changes.
On this form, there are several new columns that have been added. Each of these columns are pulling data in from the Related Revenue Budget Line of the project on the Revenue Budget tab of the Projects Form (PM301000).
· Revised Budget Quantity: revised budget quantity of the line
· Actual Quantity: actual quantity of the line
· Previously Invoiced Quantity: the running total of the Quantity to Invoice column on this tab
· Quantity to Invoice: billing quantity
· UOM: Unit of measure for the project
· Unit Price: Unit price
· Progress Billing Base: Basis of project billing
Acumatica 2022 R1 New Feature for Projects and Construction
Changes to the Projects Form
In previous versions of Acumatica, projects billed by progress could only be billed in the revenue that was in the budget lines. With the newest release of Acumatica 2022 R1, billing can now be done in both quantity and amount for the project. These changes are done in the project’s form. In the following sections, we will review these changes.
Who is LeaseQuery?
What is LeaseQuery? It is a lease accounting software made by accountants for accountants. LeaseQuery provides the calculations and functionality that are necessary to comply with reporting standards.
Acumatica Editions
Acumatica Cloud ERP breaks down into five editions to make a more tailored and industry specific package for each customer that uses the product. The editions are as follows:
• Manufacturing Edition
• Retail-Commerce Edition
• Distribution Edition
• Construction Edition
• General Business Edition
The Manufacturing Edition is a multi-site cloud manufacturing control and planning system. It breaks down into two suites: the Advanced Finance Suite and the Distribution Suite. To further break down the edition, Acumatica has tailored the product to customers with Advanced Financials and the Standard Manufacturing Editions. Each of these tailored editions makes the product a better fit for each customer that is using Acumatica.
Acumatica’s Retail-Commerce Edition allows you to manage omnichannel orders, the picking-packing-shipping process, customer support, inventory, returns, and accounting. This edition has the Advanced Financials and Distribution Suite.
The Distribution Edition allows customers to manage inventory, streamline sales orders, enhance purchasing, calculate true costs, and automate cross-company transactions. The Distribution Edition is a great solution for wholesale distributors. It has two suites: the Finance Suite and the Distribution Suite.
The Acumatica Construction Edition has streamlined project management, powerful financials and reporting, integrated payroll, inventory, service management, and comprehensive job cost accounting. This edition has the Advanced Financial Suite and the Distribution Suite created for Acumatica.
The last edition Acumatica has is the General Business Edition. It helps customers cohesively use Financials, CRM, Project Accounting, and Reporting all in one place. It allows a business to focus on growing while using one ERP system. This is true for all the editions; it makes accounting that much easier.
To learn more about Acumatica’s Editions reach out to us at info@polaris-business.com
Acumatica 2022 R1: Release Feature Overview
With the turn of a new year, Acumatica will be releasing new product features in its 2022R1 release. Acumatica’s new release is focused on working smart on the go, global capabilities, and leading the industry. Below is an overview of some of the features that will be included for the Acumatica platform and the mobile app:
Acumatica vs Dynamics SL: Accounts Payable
The ability to pay your vendor bills is a key feature of any ERP package. Dynamics SL is a mature product that handles accounts payable functions very well, sometimes with the need of a third party depending upon each customer’s requirements. In this blog, we will compare the functionality of Acumatica’s Payable module with Dynamics SL’s Accounts Payable module.
John Howell Acumatica Co-Founder Podcast
AUGForums Real Talk is a podcast that breaks down Acumatica’s latest news with interviews and other pieces of user information. Recently on the AUGForums.com Real Talk Podcast, they talked with the Acumatica co-founder and channel architect, John Howell. During this podcast, they reviewed an array of topics like John Howell’s early background, his career, how he got into ERP, and how he eventually landed with Acumatica.
Acumatica 2021 R2 New Feature Review: Multi-Currency for Expense Reports
In the latest release of Acumatica 2021 R2, there can be multiple base currencies for both expense receipts and claims within the same tenant. This is a huge difference in comparison to previous versions of Acumatica where these had to be the same currency within the same tenant. […]
Top 5 Blogs: 2021
As the year draws to a close we take a look back at some of the blogs we posted. Here are our Top 5 Blog posts this year!