AcuLoan 2022 R1 Amortization Table Updates
2022 R1 Feature Updates to Amortization Tables
Like Acumatica, AcuLoan has released a new update this year with a new set of features that have upgraded the system. The release of 2022 R1 has made changes to the amortization table. Before the updates to 2022 R1, there were only two ways to calculate using the amortization table. Those were standard and non-standard ways. With the update, see below for examples of how the amortization tables can now to calculated:
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Users of AcuLoan
AcuLoan is a complete loan management and information software program designed to work fully within the Acumatica platform. The all-in-one loan management tool has several components that make it a great fit for several different types of loans and companies. […]
ERP Today Live! with John Case
In early August, Acumatica CEO John Case interviewed with ERP Today Live! to discuss his first six months with Acumatica, the state of the company, and how Acumatica is progressing. […]
Designing an Acumatica Dashboard
Dashboards in Acumatica are a great way for users to see an overview of the data in the system. Dashboards are the main screens users see when they log into their Acumatica system and are configured to each user, making the data very customizable for each department and role.
Construction Industry
Acumatica is an ERP software that can suit the needs of many different industries and companies. The main industries that Acumatica serves are Construction, Manufacturing, Distribution, Retail, and General Business. Within Acumatica, the platform can be configured in many different ways to work specifically for each industry.
Why use LeaseQuery as an Integration?
LeaseQuery integrates with several Cloud ERP systems as it is one of the best-certified lease accounting vendors. For Acumatica, the platform creates a smooth transition between the general ledger and the accounting software.
Below are some more benefits of integration of LeaseQuery to a Cloud ERP system:
- Automate journal entries to the general ledger
- Automate accounts payable processes for leased assets
- Maximize a user’s time spent in their ERP, improving user experience and efficiency
- Eliminate human error by using the integration to post journal entries
- Push lease accounting data into ERP to ease the lease accounting transition and simplify the long-term management of a business’ leased asset portfolio
- Streamline workflow to create time for additional projects
If you think your business could benefit from the LeaseQuery Integration, please contact Polaris Business Solutions; infor@polaris-business.com.
Loan Management Preferences in AcuLoan
The AcuLoan system has several different Loan Management Preferences that are set up during the implementation phase. These preferences allow for a more custom system. Users can see numbering settings, write-off parameters, collection information, loan preferences, and taxation of the preferences screen from the AcuLoan dashboard.
LeaseQuery Makes Your Life Easier
At Polaris Business Solutions, we strive to work with the best products available for our customers. As part of this initiative, we have entered into a new partnership with a market leader for lease accounting, LeaseQuery. We know that deadlines for the new lease accounting standards are changing quickly! LeaseQuery’s main mission is to simplify lease accounting complexities and break down the accounting process for its users.
Adopting the new rules while staying within certain standards can take a lot of time. Using a lease accounting software designed for managing the lease process can save time and resources.
If you think LeaseQuery is a product your business is interested in, please contact Polaris Business Solutions; info@polaris-business.com
Loan Classes and Reporting Groups | AcuLoan
AcuLoan has the ability to create loan classes and report groups. These two categories will allow users to organize the loans and assist with reports. Below is a brief overview of both loan classes and reporting groups.
Acumatica 2022 R1 New Feature: Improvements to Project Quoting
In the new release of Acumatica 2022 R1, the system has enhanced the project quoting functionality. The steps to create a project quote have been minimized and users now have the availability to create quotes for multiple related customers. The Projects Quotes (PM304500) screen has been enhanced for a better experience.