Why is ERP important for an organization? There are plenty of well-known advantages of an ERP. A well-chosen and personalized ERP solution can save money, improve efficiency and rule out any snags in operations which could prevent growth or block a business from reaching its full potential. Apart from streamlining core business processes, ERP brings… Read More »
Have you ever faced the situation where your accounting records are inaccurate? I mean, you made it sure that you entered correct accounting entries but at the end of a month or period you wonder, why am I seeing unmatched figures or adjustments while comparing two sets of accounts? Did I just see overdraft values… Read More »
Sage 300 ERP provides us a very useful tool of Optional field which can be linked to any modules Transactions at the Header as well as Detail Level. Optional field can also be used to store any additional information for any transaction. There is no limit to the number of optional fields one can create.… Read More »
The IC Process Adjustments are used after printing the Item Valuation report and finding that the cost is out of balance when compared with Inventory amounts. Sage 300 ERP provides several forms for adjusting Item cost and quantity which includes the following 1. The Adjustment form in IC Transaction folder 2. The Process Adjustment UI… Read More »
Raw material inventory is the total cost of all component/parts currently in stock that have not yet been used in ‘Work in Progress’ or Finished Production. Raw material can be categorized in following two types. Direct materials: These are materials incorporated into the final product. For example, the wood used to manufacture wooden chairs. New Stuff: IC/ Copy Bill… Read More »
Copy bill of material option is included in the Inventory control module under the IC/ Items and price List. This feature makes it easier for user to copy existing bill of material to a new bill of material. New stuff: Tax Recovery Set-up in Sage 300 ERP User needs to follow the below mentioned steps to… Read More »
Some Tax authorities’ offer tax rebates in specific percentage of the tax amount paid. For Example: Invoice is of amount 100 INR and total calculated tax on this invoice is 10 INR, where Government allows you to take credit of 20% of total tax amount which is 2 INR here. Can we easily setup such… Read More »
In Sage 300 ERP (formerly named as Sage ACCPAC ERP), there is a report where we can see the transaction details of the purchase orders. By using this report we can also get the summary level information for the purchase order & their relevant transactions. To process the purchase order transaction report, navigate to ‘’Purchase… Read More »
In Sage 300 ERP (formerly named as Sage ACCPAC ERP), there is a report where we can see the details of the purchase requisition. By using this report we can also get the summary level information for the purchase requisition. New stuff: Sage 300 ERP Portals – One Stop Shop To process the requisition report, navigate… Read More »
Sage 300 ERP Portal has been evaluated as one of the most efficient tool for Management users. It caters best to users who need to ratify all the vital and strategic information at a single glance without going through different screens and reports. With the modular functionality and an added advantage of customizing the portal… Read More »
