Invoice Maintenance and Balancing Batches June 22-24, 2011 Terri Schwarzrock AgVantage ® Software...
-
Upload
diana-castillo -
Category
Documents
-
view
217 -
download
3
Transcript of Invoice Maintenance and Balancing Batches June 22-24, 2011 Terri Schwarzrock AgVantage ® Software...
Invoice Maintenance and
Balancing Batches
June 22-24, 2011Terri
Schwarzrock
AgVantage® Software National Conference
Invoice Maintenance
• Creating Batches from Crossover & Correcting Errors
• Balancing Batches of Invoices
• AgVantage Contract Options
• Sales Tax Exemption
• Transferring Prepaid Money
• Removing Bookings
eAgVantage
Store POS Invoicing
DPR, Sales Contracts, & Grain
Bank
GraineAg
V
Product Pricing/Contracts
(bookings, prepaids)
AR
Item Balances
Inv
AgVantagePC
Invoicing
Enhanced Counter
InvoicingInvoice via
x-over
Patron Sales Activity Pat
r
General Ledger GL
InvoicesU4TRND/H
1-Cash Sale2-Charge3-POA5-Booking8-Prepayment9-Charge on Prepaid
Edit & Merge Invoices
AR
Batches o
f Invo
ices
can co
me from
many source
s
Data updated
immediate or
during m
erge
process
.
EnergyEnergy
AgVantage Store Counter
AgVantagePC (Touch Screen) Invoicing
AgVantage Counter Invoicing
F16 - Returns
Batches from Crossover• Interfaces
– Creates a batch of invoices from other software• Grain
– Charge out drying income, storage, or hauling prior to paying the customer for his grain.
– Deducting the customer’s A/R account from their Grain Check• Account Payable
– A misc. check to refund a customer’s credit balance.• Payroll
– Deducts and applies payment to A/R for employee purchases
1. Upon sending something to crossover – Get in the habit of creating the batch.
2. Check for any invoices that come over bad and correct errors in batch 3. Merge A/R Batch to the same month as the other packages4. Verify the Crossover account balance is zero after the Crossover
batch is merged
• Interfaces– Creates a batch of invoices from other software
• Grain– Charge out drying income, storage, or hauling prior to paying the
customer for his grain.– Deducting the customer’s A/R account from their Grain Check
• Account Payable– A misc. check to refund a customer’s credit balance.
• Payroll– Deducts and applies payment to A/R for employee purchases
1. Upon sending something to crossover – Get in the habit of creating the batch.
2. Check for any invoices that come over bad and correct errors in batch 3. Merge A/R Batch to the same month as the other packages4. Verify the Crossover account balance is zero after the Crossover
batch is merged
Cross Over
4. Accounts Receivable
1. Daily Operations
3. Create and Change a Batch of Transactions
1. Crossover
Create a Batch from Crossover
Check for Invoices with Errors
Correct Errors on Invoice
Valid Customer Number Required Valid Term/ Due Date Required
Valid Salesman Required
Manage BatchesMerge or Delete batches asap!• Display Active Batches
(U4MEN1.5)• Unmerged batch warning
– Tells when batch is over 15 days old
– Shows date of invoices so you know what month it was created in.
• Delete unwanted batches invoices before payments get applied
• Once a payment is applied to an invoice and merged can not delete that invoice – even if the invoice has yet to be merged.
Balance A/R Edit• Count & balance Cash & Checks• Close & balance to Credit Card Machine.• Edit invoices in error or enter reversing
invoice• Cash Detail Report • Summary page must equal zero. • Verify accurate GL Accounts affected.• Record transaction for Cash Over/Short
Balance A/R Edit
1. Check for ‘** ERROR **’
Optional Reports • Margin per unit • Missing invoice • Retail price
difference • Deleted
invoice • Audit Tracking
Reprint edit after any changes
2. Keep the last good edit. Cannot reprint after merged.
Change Due DatesBe very
careful!
Will change all invoices that match this criteria
Batch can be merged or not
F5 Prints a report to verify transaction change
F13 actually makes the change
U4MEN14.10
Create a Batch of Transactions Menu Option 10 Change Due Dates
Delete of Batch of Invoice• Enter Batch
Number You Wish to Delete
• Verify Edit
• F1 to Delete
• Any Payments Must be deleted manually
• Previous Finance Chg Date
• Current Finance Chg Date
• Batch Number to Delete
Delete a Batch of Finance Charges
Invoices Change when:
• Invoice balance changes when payments are applied to an invoice.
• Paid off date filled when invoice is paid in full• Due Dates Change when menu option run• Payment transaction codes are changed to a
charge as Credit on Account when overpaid.• Merge code is changed to Y during merge.• All of these changes affect the Aging.
Aging Report
Calculates balances for AR Month/Year when requested
Available by location or term.
Customer Aging Report Customers to Include. . . . . . . . . 1
1 – 30-60-90 Days and Over (All customers)
2 - 31 Days and Over
3 - 61 Days and Over
4 - 91 Days and Over Select Customer Sequence . . . L
L-Location, S-Salesman, A-AllOrder to Print . . . . . . . . . . . . . . A
A-Alpha, N-NumericA/R Month . . . . . . . . . . . . . . . . 5
Calendar Month A/R Year . . . . . . . . . . . . . . . . . 2009
Calendar Year (four digits) Put Report on Hold . . . . . . . . . . Y
Y/N Number Of Copies . . . . . . . . . . 1
Print customer address . . . . . . N
Y/N
Aging by Terms . . . . . . . . . . . . N
N- All Terms, Y-Select Terms Recalculate Zero Balance Customers . N Y will increase run time
Customer Information Menu
Option 7 Customer Aging Report
Option 17 not recommended
Verify Aging = Ledger
AR G/L Balance Forward AR G/L
Ending Balance
Prepaid G/L Balance
Budget G/L Balance
Check for #
Balance to AR GL Account
Prepaid and Booking Contracts for multiple Items (FLC, Location or Price Level)
Use this when receiving prepay money from customers for chemicals, seed, fertilizer for spring planting. This allows you to prepay/book one item and charge multiple items from that prepaid. It also keeps the price level of the contract to use on the items that are charged against it.
Setup:4. Accounts Receivable, 9. Setup File Maintenance, 15. Activate Optional Features
Y Apply multiple items to a contract if they qualify within the parameters set up on the contract.N Do not apply other items to contracts, only the item identified on the contract, and allow transaction code 9 to select a contract to charge against.
Prepaid and Booking Contracts for multiple Items (FLC, Location or Price Level)
When entering a Booking or Prepayment Contract via counter, optional fields available to enter.
FLC Range for Auto Select -
allows any items within the FLC in this range, to be used off of this contract.
Loc Range for Auto Select – excludes items outside this location.
Price Level for Auto Select - When the items are sold, they will automatically use the prepay dollars up at the price of that item at this price level.
Contracts for multiple customers The contracted customer is
the person holding the contract.
The invoicing customer is the customer pulling from the contracted customer’s contract.
You can only be an invoicing customer once
You may have many invoicing customers pulling from one contracted customer.
Customer Information Menu Opt 21 Assign Shared Contract Customers
Tax Codes for Exemptions
Linking Customer to Tax Exemption
Transferring Prepaid Money
Transferring Prepaid MoneyQuestions & Answers
Prepayments and Booking Menu Option 6 Roll Prepaid Transactions
F13 = Make Change
Remove Bookings
Option 12 Remove a Selected Customers Booking
Option13 Remove a Range of Bookings
Questions & Answers
Thank You for attendingAgVantage National Conference 2011