A tolerance for overriding the sales tax amount
For a number of transactions there is an ability to override the calculated sales tax amount to account for rounding differences. A new feature would be a tolerance for such overrides i.e. amount or percentage, preferably both, which would stipulate that any override could only be within tolerance.
Workflow for Credit returns to manage claims made by customers
Customers in a Business to Consumer (B2C) or Business to Business scenarios (B2B) will make claims for credit returns for a variety of reasons for example, the product arrived damaged, the wrong product was shipped, the product was charged at an incorrect prices etc.. The claim for new products ...
The settle and post sales tax process should support submission for multiple legal entities
A number of tax jurisdiction support the submission of sales tax reports across multiple legal entities. This reduces the amount of effort required to meet regulatory requirements. This means the settle and post sales tax process should support submission for multiple legal entities at the same...
The Australia BAS report should support submitting sales tax returns for multiple Legal Entities
In Australia, the BAS report (sales tax) can be submitted for multiple legal entities at the same time. In the current state, the BAS report can only be submitted for a single legal entity. What this means is the BAS cannot be used with customers with multiple legal entities based in Australia ...
Rebates Module - Rebate provision entry to show the Sales tax separately.
The current Rebate provision entry generated is a General Ledger journal which includes sales tax. This idea to accrue the sales tax separately. This is something that the inventory transaction now do at receipt for example i.e. the receipt accrual breaks out the sales based upon the parameter ...
Add both Vendor and Customer rebates to data model
Vendor and Customer rebates impact margin in both positive (Vendor) and negative (customer) way. Understanding this impact is very important to any organization who offer or is rewarded by rebates. In a large number of industries, rebates are part of the standard method of doing business the...
Extend the Pricing Attribute functionality to Vendor Rebates
Vendor rebates is an important source a funding for a lot of retailers and wholesale distributors. The Pricing Attribute functionality extended into Customer Rebates is a significant improvements to Customer Rebates and if this framework was extened to Vendor Rebates this would reduced a sign...
Extend the Lump Sum agreements added in the Customer Rebates as part of unified pricing to Vendor Rebates
Vendor rebates is an important source a funding for a lot of retailers and wholesale distributors. The Lump Sum agreements were extended into Customer Rebates as part of the Unified pricing is a significant improvement to Customer Rebates. If this agreement type was extened to Vendor Rebates ...
Show the impact of Vendor rebates on margin
Vendor rebates impact margin on a positive way. Understanding thius impact is very import to any organistion who are funded by Vendors via rebates. In a large number of industries, rebates are a part of the standard method of doing business therefore must be accepted. The way in which margi...
Invoice capture to support direct invoicing of purchase agreements
Why direct invoicing with Invoice capture?
The main challenge with indirect procurement (non-stock) is it mostly done based on a value rather than quantity. For example, a professional services firm like lawyers or architects do work overtime, normally there is an expectation the service...