Bank Reconciliation is one of the key processes of any business. Sage 300 ERP offers an excellent Bank Reconciliation module which automates and simplifies the reconciliation process. Reconcile Statements Form (available in Bank Transactions folder) facilitates the reconciliation of bank account from the accounting records and a statement from the bank. The Reconciliation tab on… Read More »
Posted receipts cannot be edited in any ERP. SAGE 300 ERP allows you to reverse them to correct errors. One might need to reverse a receipt when his customer stops payment on a receipt or if a receipt comes from an account with non-sufficient funds or check no. mentioned in receipt was wrongly entered or… Read More »
Standard costing is an important aspect of cost accounting.Standard costs are usually associated with company’s cost of direct material, Consumables, Direct labor and overhead. Rather than taking actual cost of direct material, Consumables, Direct labor and overhead many companies prefer taking expected or standard cost in their books of accounts. By adopting standard costing method,… Read More »
Sage 300 ERP (Sage Accpac) comes with Customization Directories form using which you can keep record of all customized reports along with the standard reports of Sage 300 ERP (Accpac). In addition to this it can be used where you want 2 or more users to print single report with different formats. Let’s take an… Read More »
Transaction is a communication between buyer and seller to exchange goods or payments. User can view all the transaction of customer in a single report (AR Customer Transaction Report) whether it is an invoice or credit note or debit note in Sage 300 ERP. We have developed a similar report AR Customer ledger/ Transaction Report with some additional… Read More »
In Sage 300 ERP, user can come across some complicated error messages while opening screens (UI) with no clue as to what these error could be. In this blog we will discuss on one of the common error while opening the customized screen or a third party module. Many times when Standard Sage 300 screen… Read More »
So far we’ve explored the way through which we can define the budget for individual accounts, check out the same on https://www.greytrix.com/blogs/sageaccpacerp/2013/11/11/define-budgets-in-sage-300-erp/. Now, we will look into another methodology which will be helpful in updating the budget for multiple accounts at one shot. Here, we will use a macro that comes with Sage 300 ERP… Read More »
With Sage 300 ERP (Sage Accpac) we can upload up to five sets of budgets for an account either from Budget maintenance screen or using excel/excel macro. In this blog, we will be focusing on the way where will be uploading the budget using budget maintenance screen. To use this option navigate to General Ledger… Read More »
The General Ledger in Sage 300 ERP (formerly known as Sage ERP Accpac) has a feature of Quick and Normal Entry Mode that controls the number of fields visited when you are adding transaction details. This feature provides users with an option either to auto copy common fields within the same entry saving data entry… Read More »
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 »
