In Sage 300 ERP, we are familiar with Tax Deduction at Source (TDS) and its intended function. The system automatically deducts TDS during the document posting process. However, there are instances where users might overlook deducting TDS for certain documents. When the posting process is already completed, users may encounter challenges in retroactively deducting TDS… Read More »
A work contract is an agreement that represents a mixture of service or work and the delivery of goods. With a work contract, the contractor undertakes to carry out certain work, in the execution of which certain goods are transferred to him. Thus, a contract for the construction, manufacture, processing, assembly, installation, repair, or commissioning… Read More »
Use I/C Adjustment screen to: Adjustment Number (a number to distinguish the transaction from other adjustments for audit control purposes). Description (add any information you want about the adjustment; optional). Adjustment Date (to which you want the transaction posted). Year and Period (to which you want the transaction posted). Reference (for example, the reason for… Read More »
In a growing industry, many times the customer will pay the round-off amount against the invoice amount, this is purely customer management related. In that case we have to write-off this amount in our system for knocking off the invoice, otherwise, the invoice shows as an open into our system. In our previous blog Write off… Read More »
In this blog post, we will discuss about another feature of Sage 300 ERP ‘Allow Adjustments in Receipt batches’. In A/R Option setting, there is a check box ‘Allow Adjustments in Receipt batches ‘ under the ‘Transactions’ tab [Refer screenshot below]. New stuff: Generate SO and PO for non-existing Vendors and Customers in Sage 300… Read More »
In this blog post, we will discuss about another feature of Sage 300 ERP ‘Allow Adjustment in Payment batches’. In A/P Options setting, there is a check box ‘Allow Adjustment in Payment batches’ under the ‘Transactions’ tab [Refer screenshot below]. New stuff: Allow editing of external batches With this option checked, you can enter adjustments… Read More »
