General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Deferred Revenue, Taxes, Currency Management
- 1,471 Topics
- 4,888 Replies
HiI want to discuss/ask questions regarding fully depreciated assets:Scenario: I am in the middle of a financial year and an asset on SL or RV method reaches fully depreciated status. At year end Audit the auditors tell me that this assets needs to live for another 2 years.I now have to get it active again and adjust the accumulated depr and let it carry on for another 2 years.At the moment I cannot do that in Acumatica. Why is that? what is the logic behind preventing us from making a fully depreciated asset Active again.
We generally close our invoicing for a month by the second business day of a month and would ideally like to have Acumatica automatically generate the customer statement on the third business day and send them out. Not sure the best way to handle this. Seem to be able to set up the automation schedule to email the statements on the third business day, but the statement cycles screen that generates the statement only gives the option of selecting a fixed day of the month. The issue with this is that the 1st of a month can start on a weekend and could result in our statements being generated on the 1st business day of the month while we are still finishing our invoicing for the month.
Hi,we would like to show in the details of a sales quote the margin of a product (only for internal use)As have ave not bought the product before the last cost is empty. So the cost is zero. So is it possible to use the vendor price instead for the item cost? And if so, how?
HelloI searched and surprised this question was not on the Community… maybe I am missing somethingUsing Avalara tax. Have a AR invoice that includes sales tax in error. Need to create a credit memo for only the sales tax without having to credit the whole invoice.Is this possible?
We are a new Acumatica client. We were previously using Quickbooks Enterprise for our accounting. When we imported bank feeds (for ex American Express), we were able to assign the transactions to a particular vendor/business account and to a GL account. It appears that the only way to have a transaction assigned to a particular business account in Acumatica is to make a bill, then match the bank feed transaction to the bill. This is very impractical and time consuming, as we have hundreds of autopay transactions from some vendors in one month. Is there a way to match these transactions to a particular business account without having to create a bill each time? I even tried to assign a business account to an Entry Type and it will not allow me to do so.For example, if XYZ Company auto charges our account daily for multiple transactions, and I download those transaction in the bank feeds, I need be able to assign each of those transactions to XYZ Company (and the associated GL acco
Hello - Under the Finance Module, we have Financial Statements with all of our properties Profit & Loss statements and Balance Sheets. Now, whenever I create a new one, it just adds it to the end of the list on the main finance module screen, instead of sorting in alphabetical order. Is there a way that I can change the order of the list?Thanks! Any new statement I create gets added to the end of this list, and I would like the ability to dictate where it gets added to the list.
hi All, I am dealing with a client to help them fix the financial year which had been set incorrectly and they have been transacting in the system for at least a year. the issue is where it has to show 2024 as a financial year for the year starting from 1/7/2023 it shows 2023. ( we are using the MYOB Advanced Australian financial calender) , we are missing this tick box which should have been enabled at the start. has anyone dealth with this issue before or can this be fixed? it is just annoying for the client to always see the incorrect year. ThanksGhazal
I have two branches with different financial periods one ends Dec 31 and the other ends March 31. Can I still do intercompany transactions? It appears to put the transaction in the period used on the GL journal transaction from the branch it is created on. So if I create the transaction from the December branch in December the period it uses is 12-2023. But 12-2023 is March 31, 2023 in the fiscal year company.
The change request cannot be added to a change order because not all the project budget key attributes are specified on the Estimation tab (Revenue Task, Revenue Account Group) and the Markups tab (Account Group, Project Task) of the change request.
When i am selecting the Check boxes in Select Change Request Dialog box the following error has occured. Error: The change request cannot be added to a change order because not all the project budget key attributes are specified on the Estimation tab (Revenue Task, Revenue Account Group) and the Markups tab (Account Group, Project Task) of the change request.
Hello,I am working on my first sales tax report and i can’t get the report the way I need it. We are on 2022R2 with fast track implementation.We are setup to have zones that pay multiple rates. Base MN 6.875 plus county of .25%. On the report the tax amount due is correct, but the taxable amount is doubled up and broke into multiple groups.. I need to report the taxable amount for each group. 8k to state @6.87% and 8k@.25% to the counties. and the state website calculates the tax amount due (which it should match) I have tried multiple settings and groups, but can’t get the settings quite right. Thanks,Jeremy
Hi there,I’m working on Sales tax/HST report. one of the exempt tax sales item (-bank interest income )was not showing in the report. Could you advice how can we add the total to exempt sales total line item? Thank you. interest income bank entry -->stated exempt tax Tax report do not include interest income in exempt sales items: reporting Group for exempt sales;
We went live recently and are trying to brainstorm a more efficient method of expensing Purchase Order vs. A/P Bill variances. Ideally, any variance below a defined threshold (like 5% for example) would be ignored and inherit the original PO account coding, with those items exceeding the threshold submitted for additional review and approval.Has anyone been able to implement anything similar to this? If not, I’m curious to hear how other Accounting departments are processing these variances.
The prepare tax button and process/release was done mid month on accident. Now our GL is off and our generated AP bills are incorrect. Not capturing the second half of the month. The only solution I can come up with is creating a manual AP bill to pull the rest of the sales tax due in, but is there any other way to reverse what has happenned in order to just start over? Is there a way to capture the remaining tax due for October besides a manual AP bill? What would the ramifications be of creating an additional AP bill to pull in the rest of the sales tax due? How does that transmit into next months Sales Tax Prep in ACM? Does it mess anything up if our generated Tax due in ACM does not match what we actually file and pay?Thanks for any help!
We have prepared and and released GST tax reports for the company using wrong period ( Monthly ) for the periods January to August. Now we want to update the tax period to the correct one ( Quarterly ) but the period type drop down menu is inactive , I think because we have released tax reports in the system.Is it possible to void these tax reports without financial impact?
Dear Team,Please let me ask about Contract Management in Acumatica.Does Contract Management in Acumatica only manage service contracts? This means that Contract Management in Acumatica only manages service contracts (Non-Stock Items)We currently sell Goods in stock (Stock Items). We have to make paper contracts for customers. Can we apply Contract Management in Acumatica to manage contracts for the sale of inventory goods? Best Regards,NNT
Hello Guys, I am trying to configure new sales price for the inventory item on the sales price form and the following error is comming on the screen. “AR Error: Duplicate Sales Price. This line overlaps with another Sales Price (Price: 500.000000, Effective Date: 1/1/2012, Expiration Date: )”
We have a client that issues approx 6000 checks per month for lease payments. Most of these checks are for the same dollar amounts (ie. 3000 checks for $ 1000 and 3000 checks for $ 1500). When the Bank Feed comes in the Bank Feed writes the Check Number to the Tran. Desc field. Acumatica seems to ignore the Tran. Desc field and suggests matches displaying 3000 checks all for $ 1000. Acumatica Tech Support told me that it only matches based on Amount and Transaction Date which doesn’t make sense to me since Ref. Nbr. Weight as well as Doc. Payee Weight are part of the Relevance Calculation. What fields does Acumatica read to match Ref. Nbr. Weight & Payee Weight ?
Has anyone seen an integration with Ramp (www.ramp.com) for Acumatica? I’ve seen an uptick in prospects looking for an integration with Ramp. This system looks to be what many start-ups are using for issuing Corporate Cards to employees. I’ve heard some people say that Ramp works with Plaid but I can’t find anything supporting that.
The printing does not begin on my AP641000 - AP Check until about an inch from the top. How do you change the margins? The printing needs to begin closer to the top.Also, the page sections at the top cover the top of the form. How can you see the whole form?New to this.Thanks.
We have an invoice that is showing a Status of Balanced, and when we try to release it we receive the following error.Error: Inserting 'Applications' record raised at least one error. Please review the errors. The total application amount, including the cash discount and the write-off amounts, cannot be negative. We have looked though the entire order and cannot figure out what the issue is. We have looked at other invoices that have been completed and we can not find any differences.Anyone have an idea what this error message is refering to or where we need to look to fine the problem.Thank you!
Hi, A client is having trouble in the ‘Release IN Documents’ screen as they receive shown below when trying to Release a document. I have found a couple of similar questions in this forum but haven’t been able to access some of the articles mentioned in some of the answers as I seem to be denied access at the moment. For example, I am unable to access the link below which had some debugging information for this exact issue: https://community.acumatica.com/troubleshooting-242/troubleshooting-another-process-has-updated-the-inreceiptstatus-record-error-on-release-of-inventory-transactions-3774 I have also followed the steps from the question linked below related to updating the ‘Quantity Decimal Places’ field to allow for extra decimal places when releasing these documents, but that didn’t resolve the issue either. Is it possible for me to have access to the first article linked above? If not, could you please provide some steps on how to debug this error to find what is causing the iss
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