Enterprise Material Transfer Set-Up in QAD

Posted on: August 23, 2021 | By: Chloe Cope | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

QAD's Enterprise Material Transfer creates an easy and automated process for intercompany orders and transactions, but there are a few necessary elements that must be in place before this functionality can be leveraged. This blog walks through the set-up of the mandatory aspects of the EMT tool. Step 1: Set Up Supplier Profiles In Supplier Maintenance, make the desired to adjustments to the following fields: Send SO Price Yes -...


Leveraging the Versatility of Supplier Payments in QAD

Posted on: August 23, 2021 | By: Chloe Cope | QAD Financials, QAD Practice News, QAD Business Process

The fundamental ability to organize and keep track of supplier payments is a crucial characteristic of a successful company, and one that QAD makes accessible with its array of tools and flexibility that accommodate a wide range of complex needs. QAD offers two main tools to leverage for supplier payments: Supplier Payment Create (used for manual AP payments) and Supplier Payment Selection Create (used for electronic AP payments). Within both...


Making Customer Payments Work for Your Business in QAD

Posted on: August 23, 2021 | By: Chloe Cope | QAD Financials

In any business, there is a need for a system to open and settle customer accounts. However, the makeup and size of company may necessitate different systems with varying levels of complexity. QAD’s Enterprise Edition Accounts Receivable module provides a couple of programs that allow users to apply customer payments with varying levels of complexity. This blog will walk through these tools and explain their distinct capabilities. Customer Payment Create...


Becoming Familiar with Daybooks in QAD

Posted on: August 8, 2021 | By: Chloe Cope | QAD Financials

Daybooks in QAD, commonly known in accounting as journals, are categorical distinctions that group general ledger transactions based on a mutual characteristic. They relate to specific menu programs that created the financial transactions, and are therefore helpful when it comes to viewing and analyzing specific types of transactions within the GL. Daybook codes must be included in all transactions written in QAD. Though they may vary based on a company’s...


Downloading New Templates in QAD’s Excelerator

Posted on: August 8, 2021 | By: Chloe Cope | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

QAD’s Excelerator allows users to easily and efficiently load data from Excel into QAD. It can be particularly helpful when data needs to be transferred between QAD applications. However, in order to leverage these benefits, users must be able to load Excelerator sets, or templates, into Excel. This blog will walk step-by-step through that process. Step 1: Selecting Template a. Go to Inbound menu b. Enter username and password c....


Evaluated Receipt Settlement (ERS) Set Up in QAD

Posted on: July 21, 2021 | By: Chloe Cope | QAD Financials, QAD Business Process

When handling intercompany orders and transactions, QAD’s Evaluated Receipt Settlement, or ERS, offers an efficient automated process for comparing receipts with purchase orders. ERS creates a low-risk system for ensuring accurate intercompany transactions while bypassing the wasted effort of matching receipts, invoices, and purchase orders. The specific benefits of QAD’s ERS include: Does not require any development Runs automatically, reducing risk of user error and increasing accuracy Supports fiscal receiving...


Utilizing QAD’s Global Tax Management Tool

Posted on: July 19, 2021 | By: Chloe Cope | QAD Financials, QAD Business Process

QAD’s Global Tax Management (GTM) tool makes it simpler for companies of any size or complexity to accurately calculate taxes. Users can designate taxes assigned to suppliers, customers, and items; tax zones based on ship-to and ship-from locations; choose when to calculate taxes; and many more accommodating variables. With the capability to accommodate any number of tax rates or legal reporting requirements for multiple countries within a singular database, GTM...


Leveraging Enterprise Material Transfer in QAD

Posted on: July 12, 2021 | By: Chloe Cope | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

In this fast-paced, largely computerized world, breaches of cybersecurity can have serious impacts on businesses. Automating intercompany material transfers and transactions both increases efficiency and reduces manual errors. The benefits of such automation include: Increased efficiency due to automation of processes Reduced user errors Immediate data synchronization between business units Elimination of double entries Real-time updates of order status The advantages of automation are easy to realize when using QAD’s...


How to set up Segregation of Duties in QAD

Posted on: July 12, 2021 | By: Chloe Cope | QAD Financials, QAD Business Process

In this fast-paced, largely computerized world, breaches of cybersecurity can have serious impacts on businesses. As a result, the segregation of duties has become increasingly crucial aspect of cybersecurity. Segregation of Duties (SOD) creates a system of checks and balances that protects businesses from fraud and manual errors. Making multiple individuals responsible for different aspects of a transaction makes it more difficult to commit and conceal fraud, and has the...


Using QAD’s Financial Report Writer Step 2: Generating Reports

Posted on: July 6, 2021 | By: Chloe Cope | QAD Financials, QAD Business Process

The process of building a financial report using FRW can be broken down into two main steps: Cubing data Creating reports This blog will focus on the second step, generating reports. If you want to learn how to create cube data using FRW, read our other post on this topic here.   Creating Reports Once you have created your cubes, you are primed to create any and all reports using...