Tag: QADEE

QAD's Revenue Recognition module is designed around the Accounting Standards Codification (ASC) 606, which is part of the Generally Accepted Accounting Principles, or GAAP, that public and private companies are required to use when recognizing revenue from contracts with customers. Users are able to configure their QAD system to automatically create revenue contracts and performance obligations from a sales order. Once configured, revenue recognition rules will default to each performance...

Summary QAD's Serialization provides out-of-the-box functionality to create and transact containerized inventory throughout the receiving, production, and shipping processes. QAD uses the term “Serialization” to represent the container serial number or “license plate." QAD Serialization supports multiple levels of containerization (e.g., items in boxes, boxes on pallets, etc.). Once inventory is Serialized, the Serialized container can be transacted throughout QAD by simply scanning the single Serialized number, which speeds processing...

QAD offers Best Pricing as part of the base Enterprise Resource Planning (ERP) software.  Many companies have complex pricing scenarios and sales management that would like the ability to quickly change strategy as the market requires.  Best Pricing can handle most pricing scenarios, and when properly implemented, can be changed updated or changed with minimal effort. The most important factor in successfully implementing Best Pricing is mapping out all pricing...

This blog details the step-by-step process Logan Consulting went through when helping a Client set up taxes in their QAD system to address inefficiencies and errors in their preexisting method. Logan’s team set up taxes in QAD to automatically calculate Canadian taxes on Customer Invoices based on where the Customer is located. This Client had issues in the past when their current system did not calculate taxes properly and they...

QAD Service and Support Management (SSM) provides a comprehensive suite of functionality to support a manufacturer’s efforts to service products sold to their customers and ensure customer satisfaction. Determining what SSM functionality to implement is based on the services that you provide to the customer now and those you intend to provide in the future. Among the many decisions that need to be made, determining what SSM functionality to implement is key....

QAD's newest iteration of the production orders module combines the best of both worlds when it comes to production orders processing: discrete work orders and advanced repetitive processing.  The discrete work order process is a finite production run that may be seen in a job shop or make-to-order environment. The advanced repetitive functionality is applicable when you are producing the same items over and over. Whereas before QAD had supported...

QAD's Open Database Connectivity (ODBC) functionality enables users to connect ad hoc query tools to a practice database and access curating data. It also allows the ability to send commands to communicate with that database. Additionally, it can use Progress ODBC drivers to connect to private, third-party Windows-based applications that use structured query language (SQL) to obtain data. SQL is a standard database interface language used by many application packs,...

Summary QAD provides out-of-the-box functionality to manage Supplier consignment inventory that integrates all aspects of the process including Purchase Orders, receiving, tracking consigned inventory, usage reporting, and deferred voucher and payment until usage. Supplier Consignment Setups The following setup is required when using the Supplier Consignment module 1. Enable the module through the Supplier Consignment Control file. You can also set the default settings for Consignment Orders, Aging Days, and...

QAD has elevated its cash settlement software to enable better integration with financial institutions. Leveraging the Incoming Bank File Excel Integration program allows users to access varying levels of integration to make their AR payment process more efficient. At a basic level, users can use the banking entry software to settle customer accounts by manually applying cash receipts in Banking Entry Create. However, QAD offers two additional levels of integration...

Since 2017, QAD has taken the Advanced Repetitive and the discrete Work Order modules and merged them together into one streamlined model, called Production Orders. The Production Orders module provides a single set of programs for setup and transaction processing. All of the features of the older modules exist within the new module but the single transaction set makes user training and adoption much easier. Additionally, you can still run...