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There are three options in this situation: Void the transactions entered belonging to the new fiscal month, end the month, and re-enter the transactions. This will allow each month to contain the correct activity but is only practical if very few ...
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The cost of a Manufactured Formula is calculated from the costs on the raw materials that make the Manufactured Formula. Whether the program uses Average, Last, Estimated Average, or Replacement Cost is determined by what is set at Accounting / Set...
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Enter a 0 as the Start check number to include ACH checks on the report.
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End of Month Checklist All Users Verify that all transactions for the month have been entered. If this is the end of the 12th month, complete as many unprocessed transactions (Delivery Tickets, loaded Blend Tickets, Purchase Receipts, etc.) as po...
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When a Blend Ticket has been used to manufacture inventory using the Blend to Stock feature, the entry will need to be reversed in Accounting / Inventory / Manufacture Inventory . By doing this, quantities used of the raw products and quantities ...
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Create the Blend Ticket. If the Blend Ticket was priced by Product , print the Consolidated Blend to get the inventory units and products. If the Blend Ticket was priced by Analysis , print the Product Analysis Recap report. This can be found i...
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General ledger account balances can be affected by making a journal entry. In the Agvance system, manual entries are seldom necessary. Some examples of when a manual entry might be necessary would be when the accountant gives adjusting entries at ye...
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Follow the steps below to refresh the general ledger accounts to a prior year with the Options button. Navigate to Accounting / G/L / Checkbook Reconciliation . Choose the necessary general ledger account, and select Reconcile . Select the ...
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The Checkbook Reconciliation utility provides a way to compare the computer balance to the bank statement. It takes into account outstanding checks and deposits, similar to manually balancing a checkbook on the back of a bank statement. This utili...
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Q. Bills for a certain vendor appear on the bill list and at the AP / Add/Edit Bills window, but don't show up on the AP / Pay Bills screen. A. If the company has multiple locations, check the default location under Accounting / Setup / Se...