Sales Pricing: Managing Fees & Charges with Invoicing Elements
Sage X3 permits the calculation of sales price information based on several factors including product, customer, quantity purchased and discounts. In addition to charging the customer for products & services, it is common to levy additional fees affecting the determination…
Driving Business Results with your HR System – The Case for a Human Capital Management (HCM) Business Process Review
Organizations faced many challenges during the pandemic. For HR, this included managing a remote workforce, providing COVID-19 support to employees and their families, and managing the ever-changing landscape of regulations. These challenges put a strain on processes and systems like…
Recognizing AP Documents From PDFs in Acumatica Cloud ERP
Starting in Acumatica ERP 2020 R2, Acumatica has added the ability to recognize Accounts Payable Documents from a PDF. These documents can be brought into the system in either three ways: Option 1 The user can drag a PDF file…
5 Trends for 2021 and What They Mean for Your Business
2020 was full of unforeseen challenges. During this period of change, companies faced a bleak choice: evolve quickly or suffer the consequences. In many cases, the challenge caused business leaders to gain important skills. They learned to be more adaptable…
Acumatica 1099 Processing for Calendar Year 2020
Beginning with tax year 2020, businesses will now need to use Form 1099-NEC to report non-employee compensation in Acumatica Cloud ERP. Form 1099-MISC has been updated with rearranged box numbers for reporting certain income. 1099 MISC / 1099 NEC in…
Project Spotlight: Wormser Corporation Accelerates Digital Transformation with Net at Work and NetSuite
Wormser Corporation, one of the world’s leading beauty packaging companies is an essential player in the beauty products supply chain helping brands and celebrity influencers launch cosmetic and skin care lines. When the wholesale distributor needed to accelerate its digital…
Does Your HR Technology Meet the Demands of COVID-19
HR Managers continue to face difficult decisions concerning managing their workforce during the continuing COVID-19 pandemic. Some organizations are dealing with layoffs, organizational restricting, remote workers and even an increase in need for new employees. Payroll and Paid Time Off…
Tax Included Pricing in Sage X3
In some legislations/geographies and for some products, our clients need to include sales tax in their prices within Sage X3. The “Price/Amount Type” flag determines if the prices of products (Sales Invoices) and amounts (Customer BP Invoices) are expressed excluding…
New and Improved Sage Knowledgebase for Sage X3
Sage Knowledgebase (Sage KB) just got a major redesign—complete with an updated interface and additional features. What’s New in Sage Knowledgebase? In addition to a cleaner look and easier navigation, the improved Sage KB now offers: Compliance with Web Content…
The Future of Sage 500 ERP
For years now, rumors have swirled around whether Sage will sunset Sage 500 ERP and when. Sage has stated that they are not sunsetting Sage 500 and that there will be “no forced migrations” from the product. However, the simple…
The Power of the STOADMIN Parameter
Periodically in Support, we receive queries on how the allocation or management rules could have been “violated” for a product. For example: product in “R” (rejected) status was issued even though setup does not authorize delivery of status “R” stock….
Acumatica Year-End Closing Processing
In this video we’ll go over year-end processing, 1099 processing and period end processing in Acumatica Cloud ERP and what changes are happening for 2021. Contact Us if you have any questions or would like more information about Acumatica features…
Average Unit Cost Valuation in Sage X3
How inventory & average cost valuation are managed, considering input pricing fluctuation or additional landed cost imposed following inventory receipt. Sage X3 maintains several methods to value inventory including Standard, FIFO, LIFO, Lot Average Unit and Average Unit Costs. Industries,…
1099-MISC/NEC Processing in Sage X3 & Sage 500
It’s the time of year again when thoughts turn to holidays and family… and year-end closing routines including 1099 processing! In this post we will review the requirements for both Sage X3 and Sage 500 as you close out 2020…
