A Brief Guide on Running Sage 300 ERP(Accpac) at an Optimum Level

1
A Brief Guide on Running Sage 300 ERP(Accpac) at
an Optimum Level
Sage 300 ERP or Cloud, formerly known as Sage
Accpac, is Enterprise Resource Planning software
catering to small-to-medium scale enterprises.
This ERP solution is ideal for SMEs that
experience consumer base expansion or have
decided to expand their operations. From sales
to purchase and inventory to order entries, Sage
300 ERP streamlines many organizational
operations to give you better real-time control
over them. However, an ERP software solution is
as good as the extent to which you utilize it.
The same goes for Sage 300 ERP. It can only
offer you the desired enterprise resourcing
planning work if you make the most of its
features. In other words, you have to run the
software at its optimum level. For SMEs, this
only becomes possible when they have Sage
certified consultants on board.
microsysinc.ca
2
Running Sage 300 ERP at an Optimal Level A
Challenge
Small-to-medium enterprises struggle in using
comprehensive software solutions like Sage 300
due to a lack of relevant in-house expertise.
They usually dont have the ERP software experts
who can get used to every feature of ERP
applications. While it is important to work with
a certified Sage partner for full Sage ACCPAC
implementation, you and your team must also know
how to run Sage 300 ERP at its optimum
level. Before we discuss the particular areas
that can optimize your Sage 300 use, we would
like to spell out an important thing If you
want to achieve maximum Sage 300 ERP
optimization, you need to utilize all its
features for their maximum capability. Also, you
need to ensure that every activity Sage 300 is
perfectly in-sync with your ERP operations.
Improving Optimum Use of Sage 300 ERP
Lets look at Sage 300 ERP features that you need
to fully utilize to reach its optimum
usage. Accounts Payable Management Accounts
Payable (AP) is an integral aspect of any SMEs
balance sheet. It gives a quick look at the
payable liabilities that the business has to take
care of. Sage 300 lets you automate your vendor
and supplier payments through its AP module.
Using all the features of the accounts payable
module will get you one step closer to Sage 300s
optimum use. You can accurately manage and track
all the payable details through periodic
processing and transaction management provided
by the module. Sage 300 also lets you track
vendor activities, the associated recurring
payables, and remit-to-location details. Control
payment is another useful option in the module.
It lets you dispute the charges on invoices and
prevent pre-check invoice registration while
creating a payment batch. You can also use the
module to create all the transaction reports then
and there. This robust report creation and
management enable you to streamline payable
details for the internal record and the supplier
company. Accounts Receivable Management Like
the AP module, you also get the Accounts
Receivable (AR) module that lets you take care
of the consumer/client-side. It enables you to
automate customer billing and collections
processes. You can also leverage different
features of the AR module for the recording of
invoice entry, bank deposits, and managing
customer refunds without manual data entry and
processing. Making the most of the AR module is
also critical to run Sage 300 at an optimum
level.
microsysinc.ca
3

• General Ledger Management
• Sage 300 ERPs General Ledger will make the
  backbone of your accounting system. It will take
  care of all the transactions and numbers pouring
  in from AP and AR modules. With more than 12
  different features, it lets you tackle all your
  overwhelming budgeting and processing
  requirements. It fully integrates with MS Excel
  that allows your accounting team to automatically
  create spreadsheets, graphs and charts, and
  analytical reports.
• The use of Sage 300s General Ledger also
  indicates that you are running this ERP software
  solution at an optimum level if
• You dont have to use any other accounting and
  budgeting tool
• Your accounting/finance team doesnt have to
  overtime
• Inventory Control
• You cant succeed in enterprise resource planning
  if you dont have robust inventory control in
  place. Sage 300 offers inventory control and a
  pretty effective one. You can use it for a range
  of (Inventory Control) IC services. We are
  listing down the crucial activities you can
  perform through the IC module. Use this
  checklist to know if you are using the software
  at an optimum level or not.
• Setting up items and price-lists
• Maintaining Contract Pricing
• Updating inventory control transactions
• Keeping track of physical inventory (taking care
  of discrepancies between the program and actual
  count)
• Maintaining customer price list codes
• Lot and Serial product tracking
• Tracking product transfers
• Tracking LIFO/FIFO inquiries, sales and
  transaction statics, and history
• Miscellaneous Features
• Besides the main modules we have discussed above,
  you also need to take advantage of assorted Sage
  300 services to run it optimally. For instance,
  use its order entry module to streamline
  shipping and ordering processes with multi
  warehousing locations bin tracking
  functionality.

microsysinc.ca
4
Microsys Helps You Run Sage 300 ERP at Its
Optimum Level
Most organizations implementing Sage 300 ERP for
business know that the softwares successful use
comes through leveraging third-party expertise.
At Microsys, we can partner with your business
as your ideal Sage 300 ERP Accpac consultants in
Toronto to help you make the most of this
powerful softwares features and help your
business grow. Our knowledge of Sage 300 ERP API
helps write applications to integrate Sage 300
with third party systems to automate your
business process without hiring additional
employees. Hiring Microsys as your consultant for
Sage 300 ERP can help you make the most of the
benefits offered by the software solution to fuel
further progress and growth for your
business. Call us at 416-425-0444/1 844-406-0444
or visit our website to connect with an expert to
help you understand the Microsys advantage for
your business when it comes to hiring a Sage 300
ERP consultant.
Microsys. Permission required to use any
content from this article.
microsysinc.ca