Polaris Business Solutions

Acumatica 2022 R1 New Feature for Projects and Construction

Acu Blog 49A

Changes to the Projects Form

In previous versions of Acumatica, projects billed by progress could only be billed in the revenue that was in the budget lines. With the newest release of Acumatica 2022 R1, billing can now be done in both quantity and amount for the project. These changes are done in the project’s form. In the following sections, we will review these changes.

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Creating a loan account in AcuLoan

Aculoan Blog

AcuLoan is a complete loan management and information software program designed to work completely within the Acumatica platform. AcuLoan allows you to house the loan profile in the system while managing the transactions. See below for steps on creating a loan within the system.

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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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Acumatica vs Dynamics SL: Accounts Payable

Blog 46

The ability to pay your vendor bills is a key feature of any ERP package. Dynamics SL is a mature product that handles accounts payable functions very well, sometimes with the need of a third party depending upon each customer’s requirements. In this blog, we will compare the functionality of Acumatica’s Payable module with Dynamics SL’s Accounts Payable module.

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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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Visibility of Project Transactions in Projects and Construction

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Now released in Acumatica 2021 R2, administrators can limit the visibility of employee information such as hourly wage, benefits, and other confidential data from those who are not supposed to see this data.

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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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AcuLoan integration with Acumatica

 

Aculoan

AcuLoan is a complete loan management and information software program designed to work fully within the Acumatica platform. The types of finance loans that AcuLoan is designed to handle are finance agreements, student loans, buy now pay later, and so much more.

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Acumatica Summit 2022 Overview

Summit Blog 2022

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.