In addition to the transaction date on an order, Accolent ERP provides two other date fields that may be used to manage orders. The Requested Date field on the General tab of an order is a header-level field and applies to the whole order. In addition, on the Product tab of the order, each product […]
Category: Back Orders
Inventory and Non-Inventory Products
Accolent ERP accommodates both Inventory and Non-Inventory products. Inventory products are goods held for sale. Non-Inventory products include items for internal consumption (e.g., Office Supplies) or items that may be billed to customers (e.g., Labor) but for which, costs are not tracked to orders. For an Inventory product, the quantity on hand and available to […]
Backdating Invoices
When an order is shipped and the invoice created, the revenue recognition process is deemed completed for US GAAP purposes. At this point, the revenue is recognized, the AR record created, the Average Cost assigned to the products on the order, the Average Cost table updated, the COGS computed, the inventory quantities reduced, and the […]
Using Lot Billing
Accolent ERP supports “Lot Billing” which is sometimes used in the electrical industry. Lot Billing allows a distributor to manage quoting, tracking, expediting, and billing for both the customer and vendor sides of a Lot Billed Order. An all-in quote is obtained from a vendor which is then converted to a PO for all the […]
Partial Receipt of Special Order POs
Accolent ERP allows for Sales Orders for special order items to be automatically linked to POs to create linked Special Orders. The POs for these Special Orders can be partially received and invoiced for items delivered. The process is exactly the same as that for partially receiving non-special order POs. Create Special Order Create Sales […]
Editing Special Order Transactions
Accolent ERP allows for Sales Orders for special order items to be automatically linked to POs to create linked Special Orders. Sometimes, it may be necessary to subsequently edit these linked transactions to respond to customer or vendor changes. Editing these linked Special Orders requires both the Sales Order and the linked PO to be […]
Making a Product Inactive
Accolent ERP allows for making old products Inactive. This might be needed, for example, for a product that has been replaced by a new product. The old product code will still show on historical invoices that the old product was sold on. However, going forward the old product code will be Inactive but may be […]
Back Order Reports
Accolent ERP creates Back Orders (BOs) for items that are ordered but not in stock and for special order situations. Special orders are sales orders and linked Purchase Orders (POs), when saved, the special orders are held as BOs until the POs are received. Accolent ERP has several useful BO Reports. Back Order Reports Go […]
Back Order Processing Options
Accolent ERP allows for Back Orders to be evaluated periodically to determine which can be filled, partially filled or cannot be filled. Any back orders that can be filled or partially filled may be processed to move to fulfillment. Any back order that cannot be filled can be “force processed” to create an order with […]
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 […]