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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 consignment accounting example


Comprehensive ERP and Financial Management for a Manufacturing Competitive Advantage
Manufacturers face a challenging environment with scarce credit, pricing pressures, and increasing costs. Critical to success is an enterprise resource planning

consignment accounting example  can't take advantage of consignment arrangements, or are forced to track the process manually with double data entry. Creating value and profitability happens through real-time monitoring of financial conditions. The key is to automatically track the movement and accounting of inventory, with the system managing payment only after it is consumed. If an integrated ERP solution offers automated supplier consignment, inventory from a supplier is delivered to the warehouse and consumed and invoiced

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Small Business Software (SBS)

The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending beyond mere accounting functions, it is primarily applicable to those businesses for which full-scale ERP software may be too complex or cumbersome. However, the model of SBS solutions includes all the essential categories such as General Ledger, Accounts Payable (A/P) and Accounts Receivable (A/R), Payroll, Job and Project Costing, Multinational Accounting, Light Manufacturing, Inventory, Technology, and much more. 

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Documents related to » consignment accounting example

Demand-driven Planning in Manufacturing


Cover-time planning (CTP) is a "pull" system, but with the intent of planning and not merely waiting for the execution time to act.

consignment accounting example  In these shipments, a consignment for a specific customer could comprise anything from several pallets to individual packages, whereby each batch within the consignment contains single products in consumer packs, each identified by its bar code. Prior to this, customer orders are automatically received by dispatch and the shipment is scheduled when orders are entered into the system, since the warehouse module is populated with parameters, allowing it to divide and suggest how each order should be Read More

QAD Pulling Through, Patiently But Passionately Part Four: Market Impact Continued


QAD has long shifted its focus from being a mere ERP vendor dedicated to the industrial mid-market to fully leveraging the Internet in the applications it provides to manufacturers and distributors to link their back-office systems to those of their business partners via private trading exchanges.

consignment accounting example  Entry, EDI Ecommerce, Supplier Consignment Inventory, Enterprise Material Transfer (EMT), Kanban Management Phase II (allows users to track and manage the move of Kanban-controlled items into and out of inventory), Linked Site Costing (allows users to specify default source cot sites for items held at multiple sites but in one database), Purchase Order/Work Order Accounting and Logistics Accounting. These features will have been attractive at least to existing QAD customers, particularly automotive Read More

Let the (Excess) Inventory Flow!


Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

consignment accounting example  due to volume-based discounts, consignment inventories, returned goods, and so on. To rub salt into the wound, excess active inventory is arguably the most difficult life cycle category to get rid of. If it is still on the original equipment manufacturing (OEM) company's price list, it is often contractually price-protected, and creating channel conflict by selling off discounted inventory to competing wholesalers is categorically not an option. In addition to the price protection that precludes the use Read More

One Product for Large and Small Manufacturers: Challenges and User Recommendations


A solid product aside, good may be just too good for IQMS. Potential customers may shy away because its well-rounded solution may seem more appropriate for the upper-end of the market. This, combined with IQMS' reliance on Oracle, and its well-integrated product will pose challenges to the vendor's growth.

consignment accounting example  appliance manufacturers will appreciate consignment inventory management including remote location visibility via Web-based tools, including stocking level management and invoicing on consumption, and usage reporting. Still, in these sectors, IQMS does not have the status of incumbent as it does in the plastics, and will face fierce competition from a slew of competitors of all sizes with much higher visibility, global presence, and resources. Its mid-market competitors include QAD , Infor Global Read More

Reid & Wright


After 20-plus years in service, and with few changes to its original design, Reid and Wright’s legacy accounting system had become slow, unreliable, and expensive—requiring a variety of manual processes and custom software just to keep it running—and keep the company competitive. Find out how TEC helped Reid & Wright find a best-fit solution to support the unique requirements of the lumber industry.

consignment accounting example  & Wright After 20-plus years in service, and with few changes to its original design, Reid and Wright’s legacy accounting system had become slow, unreliable, and expensive—requiring a variety of manual processes and custom software just to keep it running—and keep the company competitive. Find out how TEC helped Reid & Wright find a best-fit solution to support the unique requirements of the lumber industry. Read More

TurningPoint


Sherry Fox (10/29/2014 2:58 PM): Please put the product offline. The company should still appear. They will update the RFI soon. TurningPoint Accounting is an expandable solution that is designed to grow with businesses. It handles basic accounting requirements including check writing and tax reporting as well as more advanced accounting needs. TurningPoint's modules, which are also sold as a suite, include System Overview, System Manager, General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Inventory, and Purchase Orders. It offers customizable fields and custom menu views. A Microsoft Explorer-style menu controls navigation through the product.  

consignment accounting example  TurningPoint Accounting is an expandable solution that is designed to grow with businesses. It handles basic accounting requirements including check writing and tax reporting as well as more advanced accounting needs. TurningPoint's modules, which are also sold as a suite, include System Overview, System Manager, General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Inventory, and Purchase Orders. It offers customizable fields and custom menu views. A Microsoft Explorer-style Read More

Sage BusinessVision Accounting


Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be "fault tolerant," performing the reading and writing of data files under controlled conditions. System highlights include fully integrated real-time accounting, high security features, quick installation and setup for single or multiple companies, and custom up-to-the minute financial reporting.  

consignment accounting example  BusinessVision Accounting Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be fault Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

consignment accounting example  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst Read More

4th Quarter Accounting Software


4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented "accounting engine" provides GL, AR, AP, Checking, Order Entry, Inventory, Financial Reporting, DB Administration, and Payroll functions to any custom-written 4D-based business application. The 4th Quarter family of products include 4Q Shell, 4Q Core, 4Q Full, and 4Q Job Costing. All versions run “out of the box,” without modification, on Mac and PC systems. Source code is available.

consignment accounting example  Quarter Accounting Software 4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented accounting engine provides GL, AR, AP, Checking, Order Entry, Inventory, Financial Reporting, DB Administration, and Payroll functions to any custom-written 4D-based business application. The 4th Quarter family of products include 4Q Shell, 4Q Core, 4Q Full, and 4Q Job Costing. All versions run “out of the box,” without Read More

Smooth Transition: Preparing for IFRS


International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now required or permitted in nearly 100 countries, while others plan to adopt or align with IFRS soon. In the US, Generally Accepted Accounting Principles (GAAP) will soon be aligned with IFRS. Find out how this will affect your company, and what you can do about it.

consignment accounting example  Transition: Preparing for IFRS TEC is divided in Evaluation Centers like Accounting System Evaluation Center. Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. Source: Technology Evaluation Centers Resources Related to Smooth Transition: Preparing for IFRS : International Financial Reporting Standards (IFRS) (Wikipedia) Smooth Transition: Preparing for IFRS IFRS Transition is also known as : Read More

eTEK for Microsoft Office


eTek offers a Microsoft Office compatible and Microsoft BackOffice approved client/server accounting and management information system that is scalable from a single-desktop up to a major enterprise with numerous locations and users.  

consignment accounting example  for Microsoft Office eTek offers a Microsoft Office compatible and Microsoft BackOffice approved client/server accounting and management information system that is scalable from a single-desktop up to a major enterprise with numerous locations and users. Read More

CYMA


CYMA Systems, Inc. is a personal computer accounting software company, offering general accounting software for Windows®95, 98, 2000, and Windows NT® platforms. Working through its established nationwide CYMA Systems dealer network, CYMA has installed accounting software in thousands of businesses throughout the United States.

consignment accounting example  CYMA Systems, Inc. is a personal computer accounting software company, offering general accounting software for Windows®95, 98, 2000, and Windows NT® platforms. Working through its established nationwide CYMA Systems dealer network, CYMA has installed accounting software in thousands of businesses throughout the United States. Read More

Sirius GT Inc


Sirius Business Accounting, now know as Sirius GT, Inc. is located in Dayton, Ohio (US). Development for its flagship product, Sirius GT Construction Accounting for Windows, began twenty years ago with Unix and MS-DOS accounting systems designed specifically for the construction industry. Products are distributed through a nationwide network of Authorized Sirius Resellers.

consignment accounting example  GT Inc Sirius Business Accounting, now know as Sirius GT, Inc. is located in Dayton, Ohio (US). Development for its flagship product, Sirius GT Construction Accounting for Windows, began twenty years ago with Unix and MS-DOS accounting systems designed specifically for the construction industry. Products are distributed through a nationwide network of Authorized Sirius Resellers. Read More

Winning Users' Hearts & Minds via Usability: A Retail Example


My recent blog series entitled “Integrated Workforce Management (WFM) Platforms: Fact or Fiction?” established that WFM systems have evolved from point solutions (i.e., time and attendance [T@A], workforce scheduling, absence management, human resources [HR], payroll, etc.) into unified solutions with a common user interface (UI), integrated WFM modules, and centralized

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