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 »
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 »
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 »
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 »
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 »
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 »
This blog discusses important features of Sage 300 ERP for the organizations which maintain Vendor and group statistics. New Stuff: Database Error 98 in Sage 300 ERP In order to access this feature user needs to navigate to Accounts Payable –> A/P Setup –> Options –> Processing Tab. Kindly refer to the below screenshot. 1. If… Read More »
I/C Transaction History Report I/C Transactions history report of SAGE 300 lists all the transactions posted from Order Entry, Purchase Orders or Inventory Control. The report shows the net changes to the inventory control account for the account set and period. To print I/C Transaction History Report follow the steps mentioned below: Open Inventory Control –>… Read More »
While accessing any Sage 300 Company, at times user may encounter error such as – ”Cannot access database (error=98). See Help for More information.” New Stuff: Options for maintaining Sales History in Sage 300 When the user reports error to System Administrator, the system admin team checks is the Database Setup of Sage 300 ERP, both… Read More »
Many customers have questions about maintaining the sale & purchase inventory in one place. For fulfilling this requirement they purchase and implement an ERP system. Through this blog we will go through the options for maintain the sales history with different options in Sage 300. For configure the setting of sales history go to Order… Read More »
