2022 R2: Tracking Project Progress by Unit
Before the release of Acumatica’s newest version, users of the construction edition did not have the ability to track a project by units used or installed. With the release of 2022 R2, construction edition users will be able to capture project activities on a unit level and track project progress through a new document: a progress worksheet. There have also been changes to the daily field report that affect the tracking of project productivity.
Acumatica 2022 R2: Approval of GL Transactions
Many companies require the approval of GL transactions before they are posted to the ledger. In the new release of 2022 R2 of Acumatica, it is now possible to only release and post transactions to the GL after the appropriate person has approved them. In the system, users can assign an approver based on an approval map. This map is defined and the transaction is approved once the approval follows the map. The conditions of approval can be the amount, date, or other items the user would like to set up the map. There can be multi-level or sequential approval maps.
Only transactions directly from the general ledger are valid for approval. Administrators have access to configure rules as to who should be approving these transactions and when. These rules can be for single transactions or batches. This new feature of 2022 R2, Approval Workflow, is available once enabled on the Enable/Disable Features form.
On the Approval Maps Form the new Journal Transactions option has been added to the entity type in the header selection. With the option selected, an approval map can be created for journal transactions.
If this new feature is something your company is interested in, please reach out to Polaris Business Solutions; info@polaris-business.com.
Choosing the right ERP: Getting started
When it comes to choosing software that is going to completely change the way you run your business, you have to know what your business needs. You also have to know the budget for changing to new software and decide whether you want something that can be accessed from the cloud, anywhere, or on a local server that connects to your computer. Just these few questions can make the process seem very daunting.
2022 R2 Version Sneak Peak
Acumatica is set to release the newest version of its cloud based platform in just a few weeks. With each new release comes updated features, enhancements to the platform, and a better user experience. Below is an overview of the release and the major points Acumatica is capturing in this R2 feature release.
Each of these themes has a distinct way that set Acumatica apart from the competition and these feature updates continue to help with that. The major themes Acumatica is working toward are:
- Power Work Forward with Exceptional Usability
- Transcend Geographic Boundaries
- Target Micro-Vertical Markets
The new usability features Acumatica is offering will empower the mobile interface like never before. Users will be able to configure mobile device workspaces, attach information to sales orders and invoices, and even collect electronic signatures.
Acumatica will now be unleashing new geographic features in this upcoming release. Users will be able to streamline payment processing, and enhanced calculations of taxation will be added. Additionally, feature benefits to financials and CRM will be added.
The Micro-Verticals that Acumatica has been expanding into in the past have helped tremendously with growth. With 2022 R2 there is going to be even more expansion into different markets. These micro-verticals expand into each of the industries that Acumatica works with; Distribution, Manufacturing, E-Commerce, and Construction.
This new release is packed with features and we can’t wait to tell you more. If you are interested in learning more about Acumatica and the newest features it has to offer, reach out to Polaris Business Solutions; info@polaris-business.com.
The Use of Acumatica for the Financial Management Team
Acumatica’s cloud based ERP has the ability to give users of all different types access to data whenever they need it. This information is important to access the company’s financial health, report and analyze data, and provide accurate information to users who need it. Financial Leaders in companies need to be able to access this data quickly and efficiently and Acumatica has the tools to do this.
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.
Endless Acumatica
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.