Upload
jeffrey-paulette
View
1.032
Download
0
Embed Size (px)
DESCRIPTION
Sage MAS 500 Version 7.4 includes features that can help your business save time, do more and grow faster.Learn new MAS 500 features such as customer refunds, landed costs, preferred vendor override and much more.
Citation preview
Sage MAS 500 Version 7.4 Sneak Peak
What’s New in 7.4 and Why it’s Important
Productivity Enhancements
Landed Cost Improvements
Unit of Measure Improvements
Manufacturing & Distribution
Platform & Performance
Retirements
7.4 - Productivity Enhancements
• Create and Track Overpayment of Invoices
• Process Customer Refunds in Cash Receipts
• Support Negative SO Non-Inventory Line Items
• Business Insightso Export All Data or Only the Current View
o Return “Top N” Rows Only
Overpayments or Negative Invoices
Unapplied AmountAged
Receivables
AR Trial Balance
Customer Status
Sales Order
Shipment
Invoice
Statement
Cash Receipt
Payment ≠ Invoices
Payment = Invoices
Overpayments or Negative Invoices
7.4 Overpayments – Explore Invoices
Customer Refunds from Cash Receipts
To clear an unapplied credit memo or an unapplied payment in Accounts Receivable:
1. Create a batch in Process Invoices, and Enter Invoices.
2. Select Debit Memo from the Invoice list.
3. Click the Detail tab, and select the correct General Ledger account. Complete remaining fields as needed.Note: When posted, the debit memo will debit A/R, and credit the offset account used for the debit memo line item.
4. Click the Totals tab, and click the Appls button.
5. Select the applicable unapplied memo or payment.
6. Save the record, and post the batch.
If Cash Management is used:
1. Create a batch in Process Bank Transactions, and create a bank transaction to reverse the effects of the original deposit of the unapplied payment.
2. If a cash account is used on the A/R debit memo, use a cash account as an offset account for the Bank Transaction. This has a net effect of zero for the cash account and updates Cash Management records.
If an A/P check is required for issue to the customer:
1. Create a vendor account for the customer in Maintain Vendors. If desired, associate the vendor record with the customer record in Maintain Customers.
2. Expand Accounts Payable and Activities. Double-click Process Vouchers.
3. Create a batch.
4. Create a voucher for the vendor created above for the refund amount. Credit the appropriate accounts.
5. Generate and print the check using Process Invoices for Payment or Process Manual Checks. Alternatively, add the voucher on the fly, and create a quick print check in Process Manual Checks.
Customer Refunds from Cash Receipts
1
2
3
Negative Sales Order Lines
24 Votes
Rebates
Coupons
One-time Discounts
Negative Sales Order Lines
Business Insights Explorer
Business Insights Performance
Performance Improvements
Business Insights Top “N”
Improves performance and provides a “Quick
Look” for top performers
Business Insights Export
Business Insights Export
Landed Cost Improvements
Vendor Freight Expense
Per Item
Third Party Freight
7.4 - Landed Costs Improvements
• New option to apply freight to item auto generates landed cost
• Flexibility to define landed cost types independent of specific item or vendor
• Apply at receipt line using per-unit percent of cost or flat amount per unit – OR
• Apply to receipt total and allocate by cost, quantity, weight, volume or manually
• Override allocation method and/or change the cost amount for predefined cost types where the amount is not predefined
• Override calculated line unit cost (with proper security)
Post Freight Amount to Item
Allocation Options
Landed Cost Improvements
Unit of Measure Improvements
Buy Rounded Stock Rounded Issue RoundedKilos Pounds Ounces
Receipt 100.0000 100.00 220.4624 220.46 3527.3960 3527.40Issue 15.6250 15.63 250.0000 250.00
204.8374 204.83 3277.3960 3277.40Issue 187.5000 187.50 3000.0000 3000.00
17.3374 17.33 277.3960 277.40Issue 17.3125 17.31 277.0000 277.00
0.0249 0.02 0.3960 0.40Adjustment 0.0200 0.02 0.3200 0.32
0.0049 0.00 0.0760 0.0800Adjustment 0.0050 0.01 0.0800 0.08
0.0001 0.0100 0.0040 0.0000
Round Up
Round Down
7.4 - Unit of Measure (UOM)
• Expanded decimal precision in data tableso Stored in expanded precision
o Displayed in user defined precision
• Flexible rounding methods for base (smallest) UOM
• UOM stored with transaction records
• “Auto Adjustments” to prevent “invisible” quantities
• Physical Count records qty in both precisions – Displayed in rounded qty
• Bin transfers in any UOM
• New Item UOM BIE view
• Inventory Reporting in alternative UOM
Unit of Measure Improvements
Manufacturing
Override Primary Vendor
• Auto calculate demand across the businesso Sales Order
o Production
• Take advantage of quantity discounts from vendors
• Track and leverage external and internal lead times
• Locked into Primary Vendor
• Primary Vendor set by Warehouse Replenishment default with no override
• Can’t take advantage of cost shopping
• Can’t leverage express ship promotions
Advantages of Replenishment
Disadvantages of Replenishment
Override Primary Vendor
Complete Work Order Step
Customer Orders 50
Issue Work Order for 50
Begin Production
Customer Changes
Order to 30
Issue Material for
30
Progress Entry
Material Quantity
Remains on Step
Step Remains
Open
Multiple Steps to Correct
Replenishment Overstated
Complete Work Order Step
Reverse Progress and Production Entry
Working Away End of Day Last Entry
Distraction
Reverse Progress & Production Entry
Assign Manufacturing Preferred Bins
Only distribution precedence
available – how can I keep enough for manufacturing?
Assign Manufacturing Preferred Bins
Backflush from Bin Tracked Warehouse
Bin Tracking makes picking faster and easier
Backflush makes material issues faster and easier
Cannot backflushfrom bin tracked
warehouse
Backflush from Bin Tracked Warehouse
Backflush Material
Labor
Improved Manufacturing Posting
GL Posting Date IM Transaction Date
Material
Labor
Outside Process
Progress
Completion
Improved Manufacturing Posting
7.4 – Platform and Performance
• Crystal XI R2 (v11.5)
• Microsoft Office 2010
• Improve Business Insights Explorer performance
• Update third-party controls
• Visual Studio 2010 and .Net Framework 4.x
• Operating System and SQL Server Service Packs
o SQL Server 2008 R2
Retirements
FRxRetired in
v7.3
Replaced by Sage MAS Intelligence
eCustomer; eSalesforce
Retired Jan 2011
Replaced by eBusiness
Suite
Office XP SQL Server 2000
Questions
BKD Technologies Help Desk
• Sage Software - [email protected]
• Monday - Friday, 8 a.m. - 5 p.m.
Support Center toll free