In our previous blog, we had discussed about “Default settings for Deposit slip, Receipt & adjustments options in Account Receivable”. In this blog post we will discuss about Default settings for invoices in Accounts Payable module. Using this option we can set the default posting dates & tax related settings which we will maintain at… Read More: Default Settings for Invoices in Accounts Payable »
In Sage 300, there is a provision for Creating Purchase Order using Sales Order details from Sale Order Entry. This feature can be very useful and time saving for the users. For using this functionality we have to take care some of the points are as follows: The New Stuff : Change/Control Over Due Date and… Read More: Creating Purchase Order By Using Sales Order details in Sage… »
In SAGE 300 a very useful feature is available called as the “A/P Control Payment”. Through which any organization can control over due date and payment limit for specific Invoice of specific Vendor. Suppose, we booked a purchase invoice of a vendor and its due date is 29-May-2015 and its Invoice value is Rs.13483.20 as… Read More: Change/Control Over Due Date and Payment Limit of Vendor Invoice »
General ledger is one of the primary component of accounting. Hence G/L Integration is a crucial activity as it enables the user to keep control over all the transactions of any enterprise. All the transactions flows from various modules to the General ledger. Sage 300 enables the administrator to configure the G/L transaction settings. Creating and… Read More: G/L Integration in A/P module with options for creating G/L… »
In Sage 300 if you are passing multicurrency transaction in your books of accounts, due to fluctuation of exchange rates of source currency you would be required to re-evaluate your general ledger. The difference between current fluctuations may be exchange gain or loss. Following are tips to configure your exchange gain/loss of your general ledger… Read More: General Ledger Revaluation in Sage 300 »
As per companies act 1956, every registered company shall prepare Balance sheet and Profit and loss statement as prescribed in Schedule VI of companies act. As per the Schedule VI balance sheet format all Assets and Liabilities of company should be projected into current and non-current classification. In traditional accounting system Accounts manager/CFO are required… Read More: Schedule VI Reporting in Sage 300 »
I/C Transfer Slip Report of Sage 300 helps the users to get the details of all the goods transferred from one location to another location. Transfer slips include the following information: Shipping and receiving plant information, including contact names and phone numbers. Item number, item description, quantity transferred, and the unit of measure. The quantity… Read More: I/C Transfer Slips Report in Sage 300 »
In SAGE 300 a very useful feature is available, called the “Multiple Payment Schedule”, through which, any organization can have control over vendor bills due as per their defined schedule, bill wise. For example, if any organization has term with vendor that 50% of bill will get due after 30 days and remaining balance 50%… Read More: Single Invoice of Vendor with multiple payment schedule. »
In our last posts we had discussed most of the inquiry screen in Sage 300. Similarly I/C Serial number inquiry screen is used to know the status of the serial items for different locations regardless whether it is available in inventory or not. To run the Serial number Inquiry, navigate to, Inventory Control –> I/C… Read More: I/C Serial number Inquiry in Sage 300 ERP »
In Sage 300, there are many useful inventory reports that help to manage the inventory efficiently. In our today’s blog we will discuss about the IC Item Valuation Report in Sage 300. IC valuation report is a very important when users want to know quantities on hand, calculated for the items, locations, costs, or optional… Read More: IC Item Valuation Report in Sage 300 »
