Tag: QAD Financials

Does your company currently allocate multiple employees to manually apply cash and ensure that invoices match orders, even when the majority of accounts are matched anyways? Logan Consulting can help companies save time and resources by automating this process so that manual cash application is only needed in the case of discrepancies. To automate payments, Logan creates an Excel file for clients to paste data into. The file is then...

Does your company currently allocate multiple employees to manually apply cash and ensure that invoices match orders, even when the majority of accounts are matched anyways? Logan Consulting can help companies save time and resources by automating this process so that manual cash application is only needed in the case of discrepancies. To automate payments, Logan creates an Excel file for clients to paste data into. The file is then...

Does your company currently allocate multiple employees to manually apply cash and ensure that invoices match orders, even when the majority of accounts are matched anyways? Logan Consulting can help companies save time and resources by automating this process so that manual cash application is only needed in the case of discrepancies. To automate payments, Logan creates an Excel file for clients to paste data into. The file is then...

QAD's currency and exchange rate-related capabilities allow users to define and track various types of relevant currencies and exchange rates, making it simpler to organize and complete cross-currency transactions, track and analyze realized gains and losses, and keep up with the frequency regulations of different entities. Defining Currencies Users can create currencies in the Currency Create tab, applying a currency code (an ISO standard code), short description, decimal description (cents,...

Best Pricing Allows You To: Create price lists that accommodate a wide range of pricing situations Allow the system to determine best prices using flexible analysis codes Analysis codes allows the user to create groupings based on similar characteristics, such as region, salesperson, or item number. Advantages: Classify customers and products into groups Link analysis codes together to form sets Categories created by analysis codes impact pricing structure established for...

Electronic Funds Transfer (EFT) is a convenient and simple way to send electronic payments to clients, vendors, or any other unit. Bank drivers are a key component in leveraging EFT; they are the programs that create files in the format that banks require and support multiple electronic funds transfers, including check, Wire, and ACH files Bank drivers offer several key benefits: Helps to ensure financial compliance KPI Automation speeds up...

Ensuring a sound United States sales tax configuration in your ERP system can be a challenging endeavor. Your business needs to consider the following. How many U.S. states does the business have Nexus? (Nexus is the relationship between a business and a state that requires the seller to register, collect, and remit sales tax on sales made in the state). What is the jurisdiction level of detail required for tax...

Congratulations! You made the decision to upgrade to QAD EE!  You most likely have a date set for implementation and know which steps are needed going forward. What issues do you need to avoid? Here are the top three mistakes Logan Consulting sees when companies make the upgrade to QAD EE. 1. Skipping the necessary (and sometimes unglamorous) step of cleaning master data - Master data is not just an IT issue...

Thinking about upgrade approaches for QAD EE? As most QAD users know, the upgrade to QAD’s Enterprise Application (QAD EE) from older versions of QAD’s ERP software is a significant undertaking. Prior upgrades over the last 20 years could largely be completed as technical exercises. Assuming that few customizations and business process changes. The underlying technical architecture of QAD SE from one version to another is mainly the same. With...

QAD Inc. has announced their completion of one of the most comprehensive software validation processes in the world by obtaining Honda “Approved Software” status. Although QAD eCommerce has been  recognized by Honda before, this is the first time that their Cloud EDI solution has made it to the top of the ranks. In order to become “Honda Approved”, vendors must complete a challenging eight-step process to ensure that their capabilities comply...