Apps & Add-Ons
Services
Acute Data Systems
Tel: 800.761.3037
Fax: 800.801.8573
solutions@acutedata.com
Sage 300 Commitment Accounting
Report your exact budgetary position and see exactly what money is available to spend
Commitment Accounting summarises outstanding purchase orders by GL account and populates an elected budget-set with the commitment values.
How it Works
The user nominates which Sage 300 general ledger budget is to be used.
Enquiry screens summarise all financial commitment information and outstanding purchase orders by general ledger code or by vendor.
Additional Benefits
- Multiple options for efficient updating of commitment data to general ledger, including by set time period or by expected purchase order dates.
- Commitment update can be run as frequently as required.
- Added security of data with a restriction on deletion of latest commitment snapshots for a period.
Commitment Snapshots
Commitment Accounting operates by recording a snapshot of committed values. Each snapshot is stored as a point in time copy of the source information and can be viewed and reported on retrospectively.
Commitment Accounting has configuration options to specify which budget set to utilise and numerous options to determine how to calculate and publish committed values to suit different client requirements.
Reporting
Sage 300 Financial Reporter provides management with powerful budgetary analysis that includes actual expenditure AND purchase commitments.
