Today I scheduled my appointment with an Acumatica instructor to review the financial courses: F100 Hands-On Financials F110 Advanced General Ledger F120 Advanced Accounts Receivable F130 Advanced Accounts Payable F140 Advanced Cash Management F300 Inter-Company Accounting They were very flexible with the time slots. I scheduled something for a week from Monday since my wife and daughter will be out of town on a trip. I'm scheduled to speak with the instructor after I get off work. By … [Read more...]
F300 Inter-Company Accounting (V3.0)
I finally finished the course on multiple companies. There are two ways to configure multiple companies in Acumatica: separate branches and separate companies. It seems to me that what I typically think of as companies are actually going to be called branches in most cases in Acumatica. If you configure companies: Each company is a separate legal entity The Due To / Due From Inter-Company transactions must be created manually You must create a separate company and import the data in order … [Read more...]
Slacking
I've been slacking lately. A few nights ago I spent the evening looking around the database tables to see what kind of reports I could create using Microsoft Power Pivot for Excel, but I neglected to look at any formal training material. Last night I watched the video on inter-company transactions, but fell asleep near the end. Plus, I didn't follow along and do the transactions in my copy of Acumatica so I need to watch the video again and this time complete the exercises. We are going on a … [Read more...]
F140 Advanced Cash Management (V4.0)
Today I finished the F140 Advanced Cash Management (V4.0) course. Here are the main topics that were covered: Deposits You can enter your customer payments and then do a separate deposit where you select the payments that are going into that deposit. So, maybe you received four checks from customers today, but only three of them made it into the bank deposit for the day. No problem, you can select only three payments when you create today's deposit transaction, then include the fourth … [Read more...]
Change in Learning Strategy
I've been trying to get in Acumatica learning here and there when I can, but I have a full-time job, a lovely wife, an adorable one-year-old daughter, and a son on the way. So, it's hard to find time. When I do have time, I tend to get carried away and will work on Acumatica until the early hours of the morning. Then I'm exhausted the next day and it takes some time to recoup. My new strategy is to take a more consistent, steady approach using the Pomodoro Technique. I just devote 25 minutes to … [Read more...]
F130 Advanced Accounts Payable (V3.0)
Tonight I finished going through the videos and completing the training exercises for the F130 Advanced Accounts Payable (V3.0) course. Now I just need to go through the F140 Advanced Cash Management (V4.0) and F300 Inter-Company Accounting (V3.0), then I can contact an instructor to review my work. The F130 Advanced Accounts Payable (V3.0) course was pretty straightforward. Here are the topics that were covered: AP Recurring Transactions Just like on the Accounts Receivable side of things, … [Read more...]
Wiki Pages
For sure having Wiki pages available in Acumatica is A BIG DEAL. Here are some things that you can do with the Wiki pages. First, you can change existing Wiki pages. Since the entire help system in Acumatica is based on Wiki pages, there are already hundreds of pages with very useful content. However, you might want to tailor some of that content to your organization specifically. For example, maybe I am in the Vendors (AP303000) screen and I want to find out more information about … [Read more...]
Attaching Files
A very nice feature in Acumatica is the ability to attach files. It's surprising that more accounting systems don't offer this feature. Actually, sometimes they claim to offer this feature, but they don't actually store the files in the database (they just store a link to the file). Not only does Acumatica store the files in the database, but you can control who has access to the file, keep track of versions on the file, and do some other cool stuff. Suffice to say that this is much better than … [Read more...]
Version 4.0 Buttons Are Better
I first noticed the difference in the navigation pane between version 3.0 and 4.0 since I'm watching training videos which were recorded in version 3.0, but I also wanted to point out that there is quite a difference between the buttons on the screens. In version 3.0, the buttons were a lot more wordy and they took up more space (sorry for bad resolution, this is a screenshot from a video): In version 4.0, the buttons take up much less space because the words have been removed. If you forget … [Read more...]
Recurring Transactions (AP203500 & AR203500) screen problem
I'm currently going through the F130 Advanced Accounts Payable (V3.0) course and noticed that I have the same problem with the Recurring Transactions screen that I was having in the Accounts Receivable module. In Accounts Payable the screen ID is AP203500 and in Accounts Receivable the screen ID is AR203500. The problem is that the bottom part of the screen is cutoff and I can't add documents to the recurring schedule. Maybe it's my browser (chrome)? So, in order to get around this, I just … [Read more...]