by Kwame Asante | Jul 23, 2021 | Acumatica
It is not uncommon for a company to receive payments from an unrecognized customer in the course of normal business transactions. The customer may not be recognized in the system. Customer may not exist in the company’s customer records and no one in the company has...
by Kwame Asante | Apr 1, 2021 | Acumatica
Acumatica gives you flexibility in setting up your organization structure from a simplest structure to a more complex multi-company structure using Tenants, Companies and Branches. However, this flexibility creates some confusion for some as to how to choose between...
by Kwame Asante | Dec 29, 2020 | Acumatica
What is the difference between Prepayment created from the Bills and Adjustments screen and the Prepayment created from the Checks and Payments Screen? I am confused as to why a prepayment generated from Bills and Adjustments screen has no related journal entries....
by Kwame Asante | Aug 31, 2020 | Acumatica
In recent years, there has been a significant transition from the traditional method of check payment process to ACH/EFT as a preferred method of payment. The transformation has benefited many companies and institutions. Realizing this benefit, Acumatica Cloud ERP...
by Kwame Asante | Apr 7, 2020 | NetSuite
Giving the importance of security, convenience, and reduction of human errors in monetary transactions, electronic payments have become preferred method of payments in the corporate world. NetSuite offers a robust electronic banking functionality called Electronic...