Is your ERP chart of accounts span across pages and pages of paper? Do you need to create a separate account for every category of things you need to track in your General Ledger? Do you have to create a separate General Ledger account for each product line that you...
What happened to the COO? The most likely answer? He or she moved up—not out. While some companies may still rely on the COO to act as the ‘number two’ in the organization, many have opted to eliminate the role—and someone has to take it on. In our recent...
Imagine being a CFO of a Fortune 500 company with subsidiaries worldwide. Imagine further that your have to present consolidated financial statements for all your subsidiaries. Issuing financial reporting for different statutory jurisdictions within subsidiaries....
The purpose of this document is to show how using the undeposited funds concept can help speed up the bank reconciliation process in Acumatica. As the name implies, undeposited funds are funds collected from customers but have not yet been deposited into the...
There are myriad reasons organizations choose Acumatica ERP to bring their business systems into the cloud. From the big picture perspective, there’s the scalability, the flexible licensing, and the integrations—all help to make the “sell” with the executives who make...
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