If you enter vendor invoices into Macola on a regular basis, you should be using the A/P Voucher workbench customization. It will improve the efficiency of entering vendor invoice data, simplify three-way matching, link A/P invoice documents, provide better traceability on the purchase to pay process, and automate the G/L matching process of PO receiving transactions to linked, posted A/P vouchers.
Many small to mid-sized manufacturers believe that they can do without an ERP system. They
believe that their operation is simple enough that they can control it with a few spreadsheets. Often, this is simply not the case. Here are 10 of the most compelling reasons to implement an ERP system.
Does this Mad Financial Manager sound like you?
8:00am – You arrive at work. You open your office door and see 5 purchase requests and 4
expense claims slid under your door. Gee, you wish you didn’t play so hard with your kids yesterday. Your back hurts just trying pick these documents up.
QuickBooks and other similar accounting software programs are commonly utilized by small and medium-sized manufacturers and distributors – particularly start-ups – and can often be found paired with Microsoft Excel to manage manufacturing accounting transactions.
As many businesses that begin with QuickBooks and Excel-based accounting systems learn, once a business has some experience behind it, this is no longer the ideal solution for their needs.
Yes, we love ERP. We want to shout it to the farthest industries in the world who are still using clunky, disparate software applications to run their human resource departments, accounting offices, warehouse logistics and customer service departments. We love ERP and you should, too!