During quote or order entry, Accolent ERP allows users to revise prices either for the whole quote or order or line by line based on the profit or profit margin calculated using Standard Cost. These options may be used if, for example, a bid is being submitted and the whole quote or order needs to […]
Category: Sales
Overview of Back Orders
Accolent ERP automatically creates back orders for products that were ordered but unavailable to be shipped to the Customer. Back orders are not created for immediate invoices or for customers that do not have the “allow back orders” checkbox selected. Products that could not be shipped are split-off from the order and created as back […]
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. […]
Importing Products into Quotes and Orders
Accolent ERP offers several powerful options that make it easy to import products into quotes or orders. From within a quote or an order the Imports tab has several import options from which line items and the quantities may be searched for, selected and then added into the quote or order being entered. Available Options to […]
Understanding Inventory Tracking
Accolent ERP tracks inventory from the time it is placed on an order or back order through fulfillment to invoicing. The inventory moves through different categories so its status can be tracked. Inventory Quantity on Hand (Q-On Hand) is allocated to orders as soon as a line item is entered on an order, and then […]
Using Future Orders
Accolent ERP distinguishes between current orders and Future Orders. Unlike current orders, Future Orders do not allocate inventory. To create a Future Order first specify in the system configurations the number of days in the future (e.g., 5 days) an order needs to be dated to constitute a Future Order. Once this setting is saved, […]
Average Cost Calculations
Accolent ERP uses Average Cost throughout for purposes of maintaining Inventory balances and for calculating Cost of Goods Sold (COGS). If Landed Costs are entered upon PO Receiving, these are treated as direct costs of the product in accordance with GAAP and are included in Average Cost and capitalized into Inventory. The Average Cost calculations […]
Shipping Orders from Multiple Warehouses
An Accolent ERP order is created on a specific warehouse that defaults into the order based on the user. When entering products on the order, the system automatically records the quantity that must be back ordered based on the inventory in the system. The user has the ability to look up inventory on other warehouses […]
Pricing Overview
Accolent ERP allows the use of complex pricing tools that are also easy to maintain. These pricing tools pricing systems are designed to be both flexible in their application and powerful in their capability. Using the Accolent ERP pricing tools, distributors have unlimited flexibility to implement almost any desired pricing scheme. The pricing options include […]
Dealing with Defective Items
Accolent ERP allows for moving items to defective at any time. This could be required if, for example, a forklift operator bumped into some inventory items and most of the items are damaged, but some may still be serviceable. Defective items are completely written-off to an Inventory Adjustment expense. If at some later point these […]