In this blog post, we will discuss about another feature of Sage 300 ERP ‘Retainage Accounting”. In A/P Option, there is a check box ‘Retainage Accounting‘under the ‘Processing ‘tab [Refer screenshot below]. To achieve this, navigate to Accounts Payable –> A/P Setup –> Options -> Processing Tab -> Processing Options New Stuff: Migrate Open Sales… Read More: Retainage Accounting »
In this post, we will discuss about a feature of Sage 300 ERP ‘Default Detail Tax Class to 1’ in Accounts Payable. This feature sets all the tax class to 1 while creating the A/P invoices in spite of what is defined in vendor master. If the user wants the tax class always be set… Read More: Defaulting Detail Tax class to 1 in Account Payable in… »
In this blog post, we will discuss about another feature of Sage 300 ERP ‘Allow Remit To Information To be Changed’. In A/P Option setting, there is a check box ‘Allow Remit To Information To be Changed’‘under the ‘Transactions’ tab [Refer screenshot below]. To achieve this, navigate to Accounts Payable –> A/P Setup –> Options… Read More: Allow Remit To Information To be Changed »
Accounts payable is short-term amounts due by a company to their vendors for the purchase of services or goods. Accounts payable is listed as a liability on the company’s balance sheet. In Sage 300 ERP, the end user can view all the transactions like an invoice, credit note or debit note in a single report… Read More: AP Invoice Report »
This is in continuation to our earlier post where we discussed about Advance Payment to a Vendor, in this blog lets see about Advance Receipt in AR module. In AR module, we will follow similar procedure to raise prepayment entry i.e. we will first note the balance of Bank as well as Customer in our books and… Read More: Advance Receipt from a Customer »
The intent of this blog is to help you in making advance payment in Sage 300 ERP with all possible scenarios. Here, in Sage 300 ERP, we call this advance payment as Prepayment and this prepayment can be done in both Account Payable and Account Receivable Modules. But at this moment we will be considering… Read More: Advance Payment to a Vendor »
At the end of every year, user have to think about creating a new fiscal year and ending the current. Here, are some tips and tricks that will allow users to close all the current transactions. Closing all sequence for each module is important. But this requires specific system configuration and commercial procedure.Year End Procedures… Read More: Closing Procedure Checklist for Sage 300 ERP »
Greytrix Extended Report Pack comprises of vital registers and vouchers, which are specifically designed and configure to meet Indian Business working style. It comprises a set of 7 form formats supported by Sage 300 ERP (formerly Sage Accpac ERP), to optimize business reporting for Indian client base. These forms blend in seamlessly into Sage 300,… Read More: Greytrix Extended Report Pack for Sage 300 ERP »
Many organizations follow monthly audit to ensure their accounting books are up-to-date, as a result their accounting data does not have any glitches or mismatch at the end of the year. Sage 300 ERP (formerly Sage Accpac ERP), helps users with monthly auditing with its inbuilt reports, which helps user to audit accounting data with… Read More: Monthly Audit Methodology in Sage 300 ERP »
In our previous blog, we discussed about “Use Reverse Charge Mechanism for Service Tax in Sage 300 ERP”. However, before starting to use Reverse Charge Mechanism, user has to configure the process in Sage 300 ERP (formerly Sage Accpac ERP). In this blog, we would discuss and will help users to understand the process to… Read More: Configure Reverse Charge Mechanism for Service Tax in Sage 300… »
