Bank reconciliation is the bread and butter of all accounting systems – one of the most basic functions that almost every business needs to perform. Businesses upgrade to an advanced ERP to streamline the accounts receivable and accounts payable processes as much as possible. If you’re new to Acumatica, or just want a refresher on … Read more
If you’re on Acumatica 2018 R2 and running Fixed Assets, there is a processing bug you should know about. Here’s what happens when you try to run the Transfer Report in the Fixed Assets module for Acumatica 2018 R2 build 18.203.0006. Error message: What is wrong with my Transfer Report? You are not able to … Read more
In Acumatica, you can use snapshots to easily create a new tenant by copying settings from another tenant. Snapshots can be used as templates to quickly and easily set up new tenants similar in configurations; such as a test environment. They can: Contain full or partial data Can be saved locally Can be imported and … Read more
No, you don’t need a developer to add fields to a screen. Even if the field you want isn’t in the customization list, you can still add it. We recently had a client who needed the ability to sort on the status of their fixed assets. The problem was, there was no Fixed Asset Status … Read more
The Recurring Transactions function in Acumatica is just one of the ways that this system helps automate your processes. For repetitive transactions that occur on a regular basis, you can create a schedule and add it to a batch (or multiple batches) or a journal entry. This eliminates the need to pull each transaction one … Read more
Do you have batches where one line that is recorded to a wrong account, subaccount, or branch? You probably don’t want to reverse the whole transaction to fix it. In Acumatica, using the Reclassify action allows you to change the one line of a batch that needs to be fixed, instead of Reversing the whole … Read more
I help many customers set up email functionality in Acumatica so they can email invoices to customers and PO’s to vendors. There are 3 basic parts: Properly configure email functionality in Acumatica Set customer properties to receive emails Set vendor properties to receive emails Click on each step to view/download the PDF instructions. If you … Read more
Some banks require additional information in the header section of your ACH file in Acumatica. Here’s how: Your bank has requested you to add the following to the header of your ACH file: The $$ADD record needs to be added to the Header Record Section of the file. RID: ABCDEFG1 BIN: HIJKLM12345678 Below is an … Read more
To prevent transactions from being posted to the wrong period, it is important to remember to close financial periods during your month-end process in Acumatica. If transactions gets posted to the wrong period, it can affect your financial reports, and that can be disastrous. We’ve created a step-by-step guide, with screen shots, to walk you through … Read more
If you already have Acumatica, you need to check these out! If not, send us an email at Marketing@Crestwood.com and see Acumatica for yourself – it’s an amazing system. In the latest release, Acumatica Version 6.0 there are three enhancements I am excited about. These all relate to the Parent/Child relationships. Sharing Credit Verification Rules … Read more
Creating and Making a New Payment Method Available on a Cash Account In Acumatica, there may be times when you need to create a new Payment Method to be used with your Cash Accounts. For example, you may have a new payment method if you started using credit cards or accepting credit cards for payment, … Read more
Creating an Entry Type and Making the Entry Type Available on a Cash Account In Acumatica, there may be times when you need to create a new Entry Type to be used with your Cash Accounts. For example: Credit Card Fees Interest Expense Interest Income Misc. Receipt Band Service Charges In order to use your … Read more