Accolent ERP calculates sales tax based on a tax table set up by the user. The user needs to create tax jurisdictions by State, specify nexus and, if desired, split the total tax rate for the tax jurisdiction into its State, County, City and Local components. The user also needs to specify whether to Tax […]
Category: Credit Memos
List Transaction Displays
Accolent ERP allows the user to control what date range is used by default for displaying transactions in the Transaction Locate, List Quotes, List Fulfillments and List Invoices screens. To change the default setting use the System Configuration. Set System Configuration Go to Settings > System > System Configuration. Use System Configuration ID 112 to […]
Payment Receipt Acknowledgments
Accolent ERP allows for printing of a Payment Receipt Acknowledgement, if required, whenever a payment is taken. In some cases, the receipt can be printed directly from the transaction, but it can always be printed from the Payment Receipt Acknowledgement report 11075. Take Payment on an Immediate Invoice Take payment on Immediate Invoice I66409. Receive […]
Using a Manual Invoice to Correct Sales Tax
Accolent ERP allows for the use of Manual Invoices to create Credit Memos in situations where there are no inventory items on the original invoice being returned for credit. This may have application in certain scenarios. For example, if a Customer was incorrectly charged sales tax on an item purchased this can be corrected using […]
List and Create Orders
Accolent ERP allows the creation of several types of orders, for the sale or rental of products to customers. Accolent ERP supports two-step orders and over-the counter orders, also referred to as immediate invoicing. Order Types Two-Step: An order is entered and moved to shipping. In the warehouse, a pick list is printed, the goods […]
Applying Credit Memos or Unapplied Cash to Invoices
Accolent ERP tracks transactions that reduce a Customer’s owed balance through Credit Memos and Unapplied Cash. Credit Memos are created when Customers return goods for credit. Unapplied Cash entries are created when Customers make payments that aren’t linked to any specific invoices that are being paid. Once created, these credit balance items may be “applied” […]
Decimal Places and Rounding
Accolent ERP does all internal calculations to 5 decimal places by default. When the system multiplies a unit price or a unit cost by quantity to calculate an extended dollar value, the result is rounded to 2 decimal places and the additional digits are dropped. Subsequent calculations such as to calculate sales tax are performed […]
Using a Manual Invoice to Create a CM
Accolent ERP allows for the use of Manual Invoices to create Credit Memos in situations where there are no inventory items on the original invoice being returned for credit. This may have application in certain scenarios. For example, a Customer needs a refund of freight overcharged in error, and user wants this refund to debit […]
Print, Email or Fax Transactions
Accolent ERP allows Quotes, Orders, Orders in Fulfillment or Invoices to be printed, faxed or emailed one-at-a-time. Alternatively, the user may select multiple of these items and print all at the same time, in the case of Orders in Fulfillment, or print or email all at the same time, in the case of invoices. List […]
Creating a Customer Refund Check
Accolent ERP allows for the refunding of Customer Credit Memos (or Unapplied Cash) rather than more typically applying these against an open Accounts Receivable balance. First create a Credit Memo and optionally charging a Restocking Fee. The Restocking Fee is charged on the value of the goods and does not affect the Sales Tax calculation. […]