Polaris Business Solutions

Simplify Complex Accounting with LeaseQuery

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LeaseQuery is an industry leading accounting software that is known to simplify the complexities of lease accounting. Thousands of organizations use this software for their lease accounting processes and LeaseQuery has become the number one rated cloud-based, CPA-approved solution. This integration allows users to minimize risk, increase efficiency, and discover critical financial insights across your organization.

See below for some of the major benefits of the LeaseQuery software:

  • Faster month-end and year-end close process
  • SOC Report and AUP Engagement issued by a Big 4 public accounting firm
  • Savings and insights from your lease contracts
  • Critical date reminders
  • Accurate AP reports
  • Central repository with easy document retrieval
  • Journal entries available with one click
  • Consolidated disclosure and compliance reports
  • Audit trail and lease change reporting
  • Role-based access

Loan Book Dashboard Overview

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Like Acumatica, AcuLoan has its own dashboard that can be configured to best fit your needs. This dashboard is configured and designed the same as any other dashboard in Acumatica using the design feature along the top right-hand side of the screen (you can see this in the screenshot above). The AcuLoan dashboard is called the Loan Book Overview.

In the photo below, users will see what the Loan Book Overview dashboard looks like and what tiles are and graphs are available to configure.

On the Loan Book Overview Dashboard, there are several configurable tiles. These help users to see an overview of their loans and accounts in AcuLoan. In this specific dashboard view you can see several things:
• Total Book Value
• Advanced Payments Disbursed
• Receipts Payments Received
• Different Trends – deal size and capitalized interest
• Actual vs. Budget – Income
• View of Certain Loans

There are several other items that can be included on a dashboard for AcuLoan. These tiles and graphs have many customization options. The colors can be changed as well as the thresholds which prompt the tile to “alert.” Dashboards in the AcuLoan program from Acumatica are a great way to get an overview of what is happening in the system. These dashboards can be configured one time for multiple users to see.

If you think you could use a dashboard like this for your loan data, please contact Polaris Business Solutions; info@polaris-business.com.

Endless Acumatica

Acumatica Logo

Acumatica is so much more than just an ERP. There is so much that goes into it and so much that you can utilize. When we talk about Acumatica, we aren’t just talking about the CRM or any other part of the software, we are talking about Acumatica’s business as a whole. Acumatica really values customers and spends a large amount of time putting in the effort to make sure that each customer gets what they need and how they need it.

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Acumatica Editions

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Acumatica Cloud ERP breaks down into five editions to make a more tailored and industry specific package for each customer that uses the product. The editions are as follows:

• Manufacturing Edition
• Retail-Commerce Edition
• Distribution Edition
• Construction Edition
• General Business Edition

The Manufacturing Edition is a multi-site cloud manufacturing control and planning system. It breaks down into two suites: the Advanced Finance Suite and the Distribution Suite. To further break down the edition, Acumatica has tailored the product to customers with Advanced Financials and the Standard Manufacturing Editions. Each of these tailored editions makes the product a better fit for each customer that is using Acumatica.

Acumatica’s Retail-Commerce Edition allows you to manage omnichannel orders, the picking-packing-shipping process, customer support, inventory, returns, and accounting. This edition has the Advanced Financials and Distribution Suite.

The Distribution Edition allows customers to manage inventory, streamline sales orders, enhance purchasing, calculate true costs, and automate cross-company transactions. The Distribution Edition is a great solution for wholesale distributors. It has two suites: the Finance Suite and the Distribution Suite.

The Acumatica Construction Edition has streamlined project management, powerful financials and reporting, integrated payroll, inventory, service management, and comprehensive job cost accounting. This edition has the Advanced Financial Suite and the Distribution Suite created for Acumatica.

The last edition Acumatica has is the General Business Edition. It helps customers cohesively use Financials, CRM, Project Accounting, and Reporting all in one place. It allows a business to focus on growing while using one ERP system. This is true for all the editions; it makes accounting that much easier.

To learn more about Acumatica’s Editions reach out to us at info@polaris-business.com

Acumatica 2022 R1: Release Feature Overview

With the turn of a new year, Acumatica will be releasing new product features in its 2022R1 release. Acumatica’s new release is focused on working smart on the go, global capabilities, and leading the industry. Below is an overview of some of the features that will be included for the Acumatica platform and the mobile app:

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John Howell Acumatica Co-Founder Podcast

John Howell

AUGForums Real Talk is a podcast that breaks down Acumatica’s latest news with interviews and other pieces of user information. Recently on the AUGForums.com Real Talk Podcast, they talked with the Acumatica co-founder and channel architect, John Howell. During this podcast, they reviewed an array of topics like John Howell’s early background, his career, how he got into ERP, and how he eventually landed with Acumatica.

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Acumatica Licensing

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When you are looking for a new ERP system there are multiple factors at play; licensing is one of them. Acumatica Licensing is broken down piece by piece which helps tailor everything to a company’s specific need. Product editions are broken down by company size and industry specifics. Whether you are a small business in need of the Construction Edition or an Enterprise company in need of the General Business edition, Acumatica has you covered.

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Acumatica Summit 2022 Overview

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We are finally back from the annual Acumatica Summit. Over 1,800 people were gathered at the Wynn Las Vegas to see how the world’s fastest growing cloud ERP system continues its advancement.

With Day 1 came a lot of emphasis on customers, growth, and agility. The keynote session with Acumatica CEO Jon Roskill focused on showing how Acumatica has an ecosystem mentality for its growth. This ecosystem includes developers, Independent Software Vendors (ISVs), Valued Acumatica Resellers (VARs), OEMs, and of course the customers and community. Also, it has three focuses: Integration, Extensibility, and Vertical Application.

There were also three announcements made:
- Acumatica is going after a new vertical with the implementation of a Property Management Module.
- Acumatica Document Cloud will make the integration with Adobe that much smoother.
- Autodesk integration with model viewer embedded into Acumatica.

Acumatica is focused on aligning with customer needs, the democratization of tech, innovation, and growth. Jon Roskill left us with a final statement, “Thank you for trusting Acumatica.”

On day 2 we were formally introduced to Acumatica 2022 R1. Presenters started strong talking about community focus and emphasizing once more about how the customers are what makes this product what it is. They listen to what they want, and they work on building solutions that will work for the customers.

2022 R1 focuses on 3 main ideas: Working smarter on the go, unlocking global markets, and going broader and deeper with industry-leading capabilities. Some of the integrations in R1 include UiPath Connectors, where customers can easily automate repetitive tasks. Another integration is an Amazon Connector integration for those who sell on Amazon.

Acumatica focuses on enhancing the user experience and making sure they are always staying current in a fast-paced technology world. With updates to its mobile app, machine learning, and artificial intelligence, Acumatica is proving its dedication to its customers.

Summit 2023 was announced towards the end of the Day 2 keynote. We hope to see you next year at the Wynn in Las Vegas from January 29 to February 3rd! There is so much more to talk about, to hear more about Summit and new things coming to Acumatica, email info@polaris-business.com and we can give you a more in-depth breakdown.

Top 5 Blogs: 2021

2021 Top 5

As the year draws to a close we take a look back at some of the blogs we posted. Here are our Top 5 Blog posts this year!

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Dynamics SL CU7 Now Available

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Just in time for the Holidays, Microsoft released some news for us. Every time the year is close to an end, we wait for those Year End Updates or anything else they might be releasing. Just last week, Microsoft came out with Dynamics SL CU7. There isn’t too much to unpack, but let’s get into it.

This update focused more on the 1099-NEC Form, as well as the 1099-MISC Form. The 1099-NEC or Non-Employee Compensation has been updated to support the IRS 2021 tax reporting formats. The same goes for the 1099-MISC (03.740.00) Form. The new 1099 Forms can be printed through the 1099 Forms Report.

In addition, some minor fixes have been included in CU7, however, support for Windows 2011 is still not included. If you have any questions about these updates, either fill out the form below or reach out to info@polaris-business.com.