We often hear the term Sub-Ledgers or Subsidiary Ledgers in accounting transactions or in an ERP Implementation. In this post, we will share some knowledge about what are they, why they are used and what all we need to know while using Subsidiary Ledgers. WHAT are Subsidiary Ledgers? A subsidiary ledger contains the details of… Read More: Subsidiary Ledgers and General Ledger in Sage 300 »
The intent of this blog is to help you in order to solve the above mention error. Here in Sage 300 ERP we use apply document in order to knock off the prepayment (Advance payment) against the invoice which we have booked. New Stuff: Propagate Common Settings from one company to another in Sage 300 ERP… Read More: Error in AP Payment While Applying Document »
Sage 300 ERP provides you a feature “Propagate”, which will copy users & Users Security groups and Currency master data from System database to company database. This feature can be used provided you use same system database for another company. Let’s take an example, where SAMSYS(system database) is already linked with Company database(SAMINC) and we… Read More: Propagate Common Settings from one company to another in Sage… »
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: Can ERP Implementation be ignored? »
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: Accurate Bank Reconciliation »
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: Validate Optional Field in Sage 300 ERP »
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: Inventory Cost Analysis in Sage 300 ERP »
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: IC/ Copy Bill of Material »
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: Tax Recovery Set-up in Sage 300 ERP »
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: Requisition Report in Sage 300 ERP »
