Accounting Processes in Dydacomp's Mulitchannel Order Manager

8/7/2019 Accounting Processes in Dydacomp's Mulitchannel Order Manager

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Accounting Procedures



Quick Note….



ADJUSTMENTS



Applying Credit Card Payments

• Card Approval obtained before order is rocessed



Credit Card Payments, 2‐Pass Method

• Reserves

funds

for

7‐

Days

or

until

the

order

• Allows Minimum and Maximum



Applying eCheck Payments

• M.O.M. holds the order until the

predefined hold date.



Using Multi‐Pay

• Pay an order with a combination of a ments

• Optionally,

choose

to

delay

payments



Prepayments Explained

• Accrual Method

• Unshipped Orders are Prepaid

• Processing Invoices

completes orders



Paying for Orders via Invoice



Average Days to Pay

• View the Average Number of Days a

• Recalculate

the

Values

based

on

existing

Order Data



Paying for Orders via Invoice

• PO Number Field

• us a e erms



Customer’s Account

• Open Invoice Listing

•

• Producing a Statement



Searching for Invoices



Applying Payments to Invoices

• Various Transaction Options

• Pay Multiple Invoices at once



Transaction Types

• •

• Credit Card

• Defer to Next

• Adjustment

• Apply Existing

• a e



Reviewing Payment Info on Orders

• View Invoice and Payment Info

• Retrieve Transaction ID’s for Payment

Deletion



Deleting a Transaction





Inventory Cost Methods ‐ LIFO

Inventory Lots

25

Units

at

$3.00

on 1/21

30 Units at $4.50

on 2/12

25 Units at $4.85



Inventory Cost Methods ‐ FIFO

Inventory Lots

25

Units

at

$3.00

on 1/21

30 Units at $4.50

on 2/12

25 Units at $4.85



Inventory Cost Methods ‐

Inventory Lots

25

Units

at

$3.00

on 1/21

30 Units at $4.50

on 2/12

25 Units at $4.8580 Units at $4.12



Current Unit Cost Basis Field

• Open Field for New Items

• Requires Adjustments for changesPRODUCT > RECEIVING & INVENTORY >

ADJUST INVENTORY FOR STOCK ITEM





Supplier Setup

Select

Cost

Distribution

Factors



Purchasing Level Setup

Purchasing

Levels



Landed Cost

Distribution

Distribution is calculated based on:

• Number of Items

•

• Item

Physical

Attributes





Paying Suppliers

Accounting > Accounts Payables >

View/Edit Supplier Invoices



Editing Supplier Invoices

Allows changes to:–

– Costs

– Dimensions



Paying Suppliers

• Accountin > Accounts Pa able> Pa

Suppliers



Creating Supplier Credits

• Create Supplier Return Codes




1. In the Pay Suppliers screen, click the NEW INVOICE

,

2. Check the CREDIT option




3. On the New Invoice, click the ADD button

4. Fill out the form and choose a Return Code



POSTING





A/R Journal Activity Report

REPORTS > ACCOUNTS RECEIVABLE>

JOURNAL ACTIVITY REPORT



Additional Reports

• REPORTS > ACCOUNTS RECEIVABLE…

– A/R Aging Report‐ Lists Invoices and the

number of days past due.

– a es ax o ec on epor ‐ s s e amoun

of tax collected by State, County, City, etc.

– Uncollected Balance Re ort‐ New for version

6.2, view a list of customers and the amounts of their outstanding balances.





Selecting an Accounting Package

• Choose the Package and where to save the

es

• Additional QuickBooks Options



Matching Account Numbers

MAINTAIN > ACCOUNTING

INFORMATION > G/L INTERFACE



Creating Sub‐Departments

Assign G/L Departments to Products



Posting Transactions

•

• Payments

can

no

longer

be

deleted

Documents

Accounting Processes in Dydacomp's Mulitchannel Order Manager