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Purchasing Software with Inventory
Software Overview - [view PDF]
The Purchasing with Inventory software module by AccuFund provides an organization control over the purchasing process to make sure products are being ordered from preferred sources and posts encumbrances to the general ledger to track commitments.
Features include:
- Generates encumbrance entries to the General Ledger
and automatic relief when expensed - Direct link to inventory for pricing and preferred vendor
look-up and account information - Each item may be expensed to multiple accounts
- Receiving item updates inventory
- User definable purchasing forms
- Partial receipting supported
Related Modules
- Requisition Management Software
- Accounts Receivable Software
- Accounts Payable Software
Accounting System Linkages
The Purchasing with Inventory software module is fully integrated in relation to the AccuFund Suite. It may be utilized as an add-on to other products such as FundWare (from Intuit Public Sector Solutions) and NPS Pro (from Micro Information Products). Integration is provided for general ledger postings for encumbrance tracking and creation of invoices for received goods. This purchasing software may be used as a stand alone appication or as an add-on to achieve maxium benefits.
The purchasing software is particularly useful for non-profit and government agencies to gain control over their purchasing processes.
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