- AccountMate 7.1 for LAN shipping this month!
- TechNote: How to Make the Most out of AccountMate's
Budget Feature
- TechNote: Understanding the Differences Between
the Cash Receipts and Payment Distribution Reports
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Dear AccountMate Clients,
We're pleased to relay the announcement from AccountMate that
the most comprehensive product release in the history of
AccountMate's LAN product line is scheduled for mid-September.
Since it's original introduction in 1995, AccountMate's LAN
product solutions have been adopted by thousands of smaller
mid-tier businesses and AccountMate 7.1 for LAN includes
hundreds of additional capabilities and enhancements.
AccountMate for LAN is a separate, and approximately parallel,
product line with AccountMate for SQL, which is better suited to
larger mid-tier businesses. This version upgrade
incorporates numerous features already seen in the SQL product
line and includes the following:
-
New Executive Summary provides a snapshot
of the company's current financial condition
-
View of real-time cash position by
displaying current book balance for each bank account
-
Comprehensive password policy settings as
recommended by banks and accountants for Sarbanes-Oxley
compliance
-
Full support of Windows Vista operating
systems at the desktop
-
New Upsell Management module allows for
sales of complementary accessories
-
Built-in MICR and customized check
printing on blank check stock
-
Further enhancements to the upgraded
Payroll module: including support for unlimited
user-definable tiers for each paid leave code, greater
flexibility in local tax definitions, customizable ACH
payment formats, etc.
-
More than 100 reports have been either
modified or added throughout the system - for greater
built-in reporting ability
Those end-users with an active LifeCycle
Software Assurance Agreement will be receiving the new version
direct from AccountMate at no software cost.
Please call us when your CDs arrive to discuss optimum timing
for upgrading your live system.
A special "AccountMate 7 for LAN New
Features" webinar, open to all end-users, is scheduled for
Tuesday, October 7th, at noon Central Daylight Time.
Please contact us, such as by replying to this e-mail,
to sign up for the webinar.
Regards,
Kevin E. Stroud
NexLAN, LLC
http://www.nexlan.com
Tech
Note:
How to Make the Most out of AccountMate's
Budget Feature
Budgets are very useful tools for running your business. They
help you plan your operations and monitor your performance
against your plans. When used correctly, they can also help you
detect inefficiencies in your operations so you can resolve them
before they become detrimental to your organization. AccountMate
provides you the means to maintain budgets and monitor your
performance against them. This week’s TechNote discusses the key
components of our budget feature and explains how to use these
components to help meet your goals. Click the title of the
article below to access the
document.
Article 1096: How to Make the Most Out of AccountMate’s Budget
Feature
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Tech
Note:
Understanding the Differences between the Cash
Receipts and Payment Distribution Reports
There are two AccountMate reports that you will find very useful in
monitoring customer payments. They are the Cash Receipts Report
and the Payment Distribution Report. While these reports
complement each other, each one is distinct. This week’s TechNote
discusses how these reports differ and explains the circumstances in
which each report will be most helpful. This TechNote contains a link to a downloadable PDF
version of the article.
Article 1090: Understanding the Differences between the Cash
Receipts and Payment Distribution Reports
Technical Tips
Version:
AM7 for SQL and Express (AM 7.4 only)
Module:
AP
Q:
Is there a report which details all electronic payments to
vendors?
A:
Yes, there is. Starting in AccountMate 7.4 for SQL and Express,
a report for all AP electronic payments can be generated. You
can access the Electronic Payment Report from the Reports menu
in the AP module.
■ ■ ■
Version:
AM7 for SQL and Express (AM7.4 only)
Module:
PR
Q:
How do I assign different Withholding Tax Liability GL
Accounts to each Local Tax Code?
A:
To perform the operation, follow these steps:
1.
Access the Local Tax Code Maintenance function
from the Tax Tables function.
2.
Select the Local Code to which you want to
assign a Withholding Tax Liability GL Account.
3.
Mark the Overwrite Default checkbox.
4.
Enter in the Withholding Liability field the
GL Account ID that should be used for the selected local tax
code.
■ ■ ■
Version:
AM7 for SQL and Express (AM7.4 only)
Modules:
AR, SO
Q:
How can I configure AccountMate so that customer records
will not be updated with credit card information that is
used in transactions?
A:
You may choose either of the following:
1.
If you do not want to save credit card
information for all customers, unmark the Save Credit
Card Information checkbox in the General (2) tab
of the AR/SO Module Setup function.
2.
If you need the discretion to save credit card
information for a particular customer, mark the Save
Credit Card Information checkbox in the General (2)
tab of the AR/SO Module Setup function; then, mark or unmark
the Save Credit Card Information checkbox in the
Settings tab of the Customer Maintenance function.
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