Accolent ERP allows a product to be associated with one or more specific Locations. Based on the warehouse numbering plan first create Locations then, assign a product to its Locations. The Locations associated with that product will be shown on all pick tickets and PO put-away documents on which the product appears. Unless the product […]
Category: Purchasing/Vendors
Using HTS Import Duty with Landed Costs
The Harmonized Tariff Schedule of the United States (HTS) is based on the international Harmonized System, which is the global system of nomenclature applied to most world trade in goods. HTS sets out the tariff rates and statistical categories for all merchandise exported from or imported into the United States. HTS Schedule B Codes are 10-digit […]
Creating a Negative AP Balance on a Voucher
Accolent ERP allows the user to create a negative Accounts Payable (“AP”) balance in a vendor’s account, if necessary. This can be done by creating a manual check to either (1) overpay an existing voucher or (2) to create and pay a zero voucher. Either of these approaches will create the desired negative AP balance. […]
Skipping Serial No Entry on POs
Accolent ERP tracks serialized products from receipt on a purchase order through sale to a customer. This enables tracking of the product for warranty or recall purposes. Sometimes, particularly in situations where repairs are performed, serial numbers may be used only for the purpose of identifying products. In these cases, Accolent ERP allows for entry […]
Using Automated Inventory Replenishment Parameters
Accolent ERP uses the Min/Max reordering methodology. The Min value represents the reorder point, and the Max value represents the targeted stock after reordering. The difference between the Max and the Min is sometimes referred to as the EOQ (Economic Order Quantity). The Min and Max values may be maintained manually or automatically by the system. […]
Inventory Replenishment Overview
Accolent ERP uses the Min/Max reordering methodology. The Min value represents the reorder point, and the Max value represents the targeted stock level after reordering. The difference between the Max and the Min is sometimes referred to as the EOQ (Economic Order Quantity). The Min and Max values may be maintained manually or automatically by the […]
Using Multiple UOMs
Accolent ERP allows the use of multiple UOMs. One UOM must be selected as the Stocking UOM, and one as the Pricing UOM. All inventory quantities in the system are kept in the Stocking UOM. All prices and costs: List Price, Standard Cost, Alternate Cost and Special Cost are kept in the Pricing UOM. Similarly, […]
Tracking Serialized Products
In Accolent ERP, all transactions affecting the inventory of serialized products require the scanning or entry of valid serial numbers for those products to complete the transaction. The serial master retains a full ledger card for each serial number. The serial record for each serial number is a full record of all of the transactions […]
Adding New UOMs
Accolent ERP can accept any UOM (unit of measure). Every UOM that is used in the system has to be added once to the Dynamic Lookup screen. After it has been added to the Dynamic Lookup the system will recognize it as a valid UOM. Dynamic Lookup Go to Settings > Value Lists > Other […]
Setting Up Rental Products
Accolent ERP includes comprehensive functionality for short-term equipment rentals. In accordance with FAS13 and US GAAP, Accolent ERP accounts for short term equipment rentals as operating leases in which the lessor retains legal and accounting ownership of the rental equipment. Rental items are treated as fixed assets on the lessor’s Balance Sheet and costs are […]