Commitment Accounting

Pacific Technologies Commitment Accounting for Sage 300 ERP ACCPAC

For organisations that need to manage actual expenditure against budgets tightly, Commitment Accounting for Sage 300 ERP Accpac provides invaluable financial management information.

Committed costs are the value of orders raised but for which goods/services have not yet been received. Reporting committed costs provides financial information earlier than “budget and actuals”, allowing management more time to make the appropriate decisions.

Commitment Accounting for Sage 300 ERP Accpac works by calculating the value of outstanding purchase orders lines, and transferring these values into one of the Sage 300 ERP Accpac GL budget sets (budget set 5 by default), so that it is available for any or all GL reports. This process can be run as frequently as required. Reports available include summary and detail reports as well as an audit trail report.

Commitment Accounting for Sage 300 ERP Accpac is suitable for many types of organisations, but is especially useful for government departments (national/federal, state or local), educational institutions and health providers.

Commitment Accounting for Sage 300 ERP Accpac requires the GL and PO modules. Multi-currency support is included.

Commitment Accounting Enterprise Edition have been fully developed in the Sage 300 ERP Accpac SDK, so are available on all the databases/platforms that Sage 300 ERP Accpac is supported on.

With a comprehensive number of sites worldwide, we continue to develop and support user requirements.