Whats New: Application Enhancements

Version 7

Karen Hayward
karen.hayward@sage.com
724 814 8014

Whats New: Application Changes v7

Financial & A/P-A/R Accounting Changes

Fixed Assets Improvements

Sales Improvements

Purchasing

Inventory

Multi-legislation & Localized Data Management

Financial & A/P-A/R Accounting changes:

Data Structure Improvements
Early Discount/Late Charges

Payment Days for Customers

BP Netting

Traceability & Audit Trail

Financial Tracking

Inquiry Screen Graphical Layout

Additional Financial Changes

Fixed Assets Improvements:

Creation of
Customer Invoices
Closing Simulation

Sales Improvements:
Restricting Pricing on
Delivery Address
Delivery and Return Types

Sales Kits

Additional Improvements

Purchasing:
Advanced Purchase Cost

Cost Natures

Tax Rates

Costs & Cost Structure

Incoterm

Order, Receipts & Invoices

General Improvements

Inventory:
Warehouses

Activating Warehouse in a Site

Creating Warehouse

Product in a Warehouse

Warehouse Transactions

General Improvements

Multi-legislation & Localized Data Management:

New Data Managed by

Legislation
Legislations
Consistency Controls
Localized Data
Management

Lets talk Financials & A/P A/R Accounting

Data Structure Improvements

Early Discount / Late Charges

DEPMGTMOD
TC Common Data
INV

AUTDEPCUS

DATDEP

DENDEP

DENPAY

TRS Acc Pay/Acc

Rec
TDC

TRS Acc Pay/Acc

Rec
TDC

TRS Acc Pay/Acc

Rec
TDC

TRS Acc Pay/Acc

Rec
TDC

Payment Days for Customers

Customer BP
Payment days
Overrides
payment terms
Unavailable

Unavailable Periods
Start & end date
Can be year
independent

BP Netting
Net open debit and credit balances
Final net balance for Business Partner:

Eliminated manual process

Open AR to open AP
for Business Partner

Result is a zero, debit
or credit balance
NETLI automatic journal

Additional Financial Changes

Account
and Budget
Entry
Transaction

13%
Currency
History and
Conversion

20%

Journal
Codes

Additional
Changes

15%

Calculation
of Due 14%
Date

Forecasting

25%

Reminder
Proposal
List

13%

Lets talk Fixed Assets Improvements

Creation of Customer Invoice

TYPINVFAS
TRS Acc Pay/Acc
Rec
INV

Fixed Asset
Accounting Code

Asset
Invoice
Reference

Asset Disposal

Customer Invoices

Lets talk Sales Improvements

ORD1 / Delivery type : NOR

ORD2 / Delivery type : NOR1

ORD3 / Delivery type : NOR

Delivery process

Delivery and Return Types

DEL1 / Delivery type : NOR

ORD1
ORD3

DEL2 / Delivery type : NOR1

ORD2

Sales Kits
Commercial BOMs you can now define

Formulas to use for:
Selection
Quantity

New Component type options:
Multiple option
Normal (with formula)

Lets talk Purchasing

Purchasing Features and Highlights

APC Advance Purchase Concept

Three steps associated with management of costs:
1. Estimated costs
2. Actual costs
3. Analyze
Inquiries

POH / PTH

Estimated
costs

Cost natures
Costs
Cost structures
Products
Incoterms
Suppliers

Reports

PIH

Actual
costs

Update

Analyse

APC Advance Purchase Concept

Two methods to manage purchase cost calculations:
1. Landed Costs (LC)
2. Cost Structure

Purchase
price (taxes
not included)

Landed Cost coefficient

Cost structure

Purchase
Cost

Landed Cost Coefficient Method

Cost Structure Method

Pre-requisites

Operational

Setup and Common Data

Cost allocation on
Order
Contract
Receipt
Invoice

PURFCS
report

Inquiries

Setup
Cost Natures
Costs
Cost structure
Incoterms
Upstream

Common data
Product category
Product
Product-supplier

Downstream

Incoterm

Lets talk Inventory

Inventory Features and Highlights

For information on other

training opportunities, visit:
www.SageU.com