Accolent ERP has embedded AWS Quick (“Quick”), which is AWS’ Agentic AI offering. Quick is an AI solution that offers chat agents, workflows and dashboards and visualizations using LLMs (Large Language Models) running in AWS Bedrock and called from a customer workspace. The customer workspace can access various data sources, such as your Accolent ERP […]
Category: Receivables
AI-Bots for Financial Statement Tie-Outs
Accolent ERP users should have a financial close process every month-end to tie-out the financial statements to the supporting files for Accounts Receivable, Accounts Payable and Inventory Valuation. There are many possible reasons for these balances to go out of sync including things like manual adjustments, GL Adjustments, using the bulk imports while in live […]
Adding Surcharges to Credit Card Payments
Accolent ERP has integrated Fiserv’s Surcharge API which can be used by Accolent ERP users to offset credit card transaction expenses. The Fiserv Surcharge API complies with state laws that prohibit credit card surcharging in certain states. Merchants using surcharging are required to notify all customers that a fee will be applied if they pay […]
Creating Unapplied Payments
In Accolent ERP payments received from Customers are typically entered as payment receipts and applied directly to open invoices. The system will make the payment receipt, then record the open invoices as paid and update the Accounts Receivable Aging. If a payment cannot immediately be assigned to open invoices, it can be held as an […]
Online Store Set Up & Implementation
Accolent ERP supports multiple eCommerce platforms either through direct API integration or through a connector that facilitates the linkage of multiple eCommerce stores. Currently, Accolent ERP is linked to multiple Online Stores (including Drupal, Magento Community version, Shopify, Woo Commerce, Big Commerce) and to multiple eCommerce marketplaces (including Amazon, eBay, Walmart). This wiki is designed […]
Accolent ERP Direct API Integration with Shopify
Accolent ERP is linked through direct managed APIs to the Shopify ecommerce platform. Setting up a Shopify Online Store is very straightforward and can be done by most users without the need for technical resources. However, ADS Solutions technical personnel are available to assist with setting up a Shopify Online Store, if required. The Accolent […]
Accolent ERP Optional Modules
Accolent ERP is a full-featured ERP system including functionality for Order Management, Order Processing, Rebates Management, Complex Pricing Methods, Product Cost Management, Inventory Management, Inventory Tracking and Control, Bill of Materials and Kitting, Purchasing Management, Warehouse Management System, Multicarrier Shipping, Sales and Use Tax, Comprehensive GAAP-compliant General Ledger, Accounts Payable, AP Automation, Accounts Receivable, and […]
Selling to Foreign Currency Customers
Accolent ERP supports multi-currency through an API that delivers global FX Rates. Using the multi-currency module, an invoice can be created in foreign currency for a Customer. When the Invoice is created, Accounts Receivable/Sales will be debited/credited for the functional currency equivalent at that time. Subsequently when the Customer’s payment is received, Accounts Receivable will […]
Accolent Payment Portal
The Accolent Payment Portal is a separate application linked to Accolent ERP. The Accolent Payment Portal allows Accolent ERP users to give their customers access to an online portal that shows each customer only its own open invoices aged from the date of the invoice. Once registered to use the Accolent Payment Portal, customers can […]
Using VAT Canada
Accolent ERP supports VAT for Canada (and other non-US jurisdictions). To use first go to the Configuration screen and enable VAT Canada, then setup the Canadian tax jurisdictions. Then set the voucher allocations on vendors to include the Provincial Sales Tax (PST) and the Canadian Goods & Services Tax (GST). Once done, all sales transactions […]