Category: SSG BLOG

Mass Modify-Copy Accounts

Mass Modify – Copy GL Accounts Use the Mass Modify feature to create a new set of GL accounts by copying a set of existing accounts. Go to Financial > Cards > Mass Modify For this example, the first three digits of the GL account represent each division of our company. Let’s say a new… Read more »

How to setup corporate credit cards for Payment Processing in AP

1.) Create a Liability Account in GL Ex: 21001 = Accrued Liability – VISA Account or Credit Card Payable Account Class = CASHASSET Type = Liability Post Option = Detail If using multi-currency, assign the currency to the account 2.) Create a Cash Account for it in Cash Account window. Assign a Subaccount

Reclassifying General Ledger Entries in Acumatica:

Reclassifying General Ledger Entries in Acumatica: The Reclassify Transactions Process in the Financial Module of Acumatica allows users to correct, reclass or edit a General Ledger transaction that has been released and posted. Users can reclassify a General Ledger transition if an amount has been posted to the wrong account number, subaccount or branch on… Read more »

Auto-Reversing GL Batches in Acumatica

To create a journal entry that automatically reverses in the next period, use Acumatica’s Auto-Reversing feature. By checking a GL Batch as ‘Auto Reversing’, the system will automatically create a reversing entry in the next period. The Transaction Date on reversing entry will be the first day of the reversing period, per your Company’s Financial… Read more »

Benefit of Dynamics GP – Adding a New Company

By Devon Southall   So you are in need of adding another company to your accounting system or foresee it happening as your company grows. This is something to keep in mind as you search for accounting and financial management software. You want a software product that can grow with you. This is one of… Read more »

Little Known Features – Field Level Security in Dynamics GP

By Adam Martin         There is a little known feature in Dynamics GP that allows you to go a step beyond the basic security in GP and take it to a more granular level. This is known as Field Level Security. It is found in the GP2013 Starter Pack and all newer versions of Dynamics… Read more »

Customer / Vendor ID in Dynamics GP – Naming Methods

By Devon Southall   What are you current Customer /Vendor IDs? Are they working for you? Each ERP system has particular structures that work better for that system. Microsoft Dynamics GP can support various types of ID – numeric, alpha-numeric, mixed and set or variable lengths up to 15 character. But which one is best?… Read more »

How to Reverse a Journal Entry in Acumatica:

In Acumatica, you can reverse a GL Batch with a simple click. Pull up the Entry that you wish to reverse in the Journal Transaction window.

The Mid-Market ERP Dilemma

The Mid-Market ERP Dilemma SMB’s (Small & Medium- sized businesses) are facing an increased amount of challenges. Companies with 30-500 Employees are almost required to maintain the same degree of complexity as their larger competitors. Thinner margins, doing business internationally, multiple languages, time zones & entities, foreign currencies, managing a complex supply chain, pressure to… Read more »