1. may
  2. jones4

jones4


Related
TOPICS
    Uncategorized Article
Exhibit 4: Core Financials
  Carillon eEnterprise E by Epicor MK Manufact'g Enterprise IQ Progression ERP Plus Scala 5.1 Solomon Traverse
Evaluation of general ledger and financials Average Above average Excellent Average Average Average Average Above average Excellent Average
Can general journal module force journal entries to balance? Yes Yes Yes Yes Yes Yes Yes User option Yes Yes, but can override
Can it handle automatic intercompany posting? AR and AP Yes Yes No Yes No Yes Yes Yes No
Is the GL update:                    
Automatic? Yes Yes Yes No No No No Posted to general journal Yes No
Batch? No Yes Yes Yes Yes Yes Yes Yes Yes Yes
By user option? No Yes Yes No No No No No Yes No
Varies by module No Yes No No No No No No By transaction type; multicompany must be posted manually No
Can users switch between companies in midtransaction? Yes Yes No Yes No Yes Yes No Yes No
Is intercompany receivable/payable capability automatic? Yes Yes Yes; in AR Yes Yes No Yes Set up as user option Yes No
Can recurring entries be set up with different amounts in each period? Yes No Yes Yes No No Yes No Yes No
Maximum number of characters in the GL account code 32 66 4 segments, 32 characters 4 segments, 36 characters 50 24 81 52 10, but has subaccounts 30: 7 user defined segments
Evaluation of general ledger Above average Excellent Average Above average Above average Above average Average Above average Average Excellent
Do report titles reflect the actual accounting reports? Yes Most Mostly No Mostly No No No Yes Not always
Are date, time and page number built into standard reports? Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Are following reports predefined?                    
GL Yes Yes Summary GL Yes, called "print ledger" transactions Yes Yes Yes, detailed TB Yes, named "Accounts Schedule" Yes Yes, named "Activity Report"
TB Summary GL Yes Has working TB Yes Yes No, only a working TB No, only a summary GL Yes Working TB Yes
BS No Yes No No Yes Yes No No No Peachtree type dump
Income statement No Yes No No Yes Yes No No No Peachtree type dump
Statement of cash flows No Yes No No No Yes No No No Yes
Aging AR Yes Yes Yes Yes Yes Yes Yes Yes Yes Only totals by customer
Aging AP Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Vendor list Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Customer list Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Employee list Yes Yes Separate module Yes Yes Unable to demonstrate N/A N/A Yes Yes
Payroll register Yes Yes Separate module N/A By employee Unable to demonstrate N/A N/A No Yes
Payroll tax reports Yes Some Separate module N/A Yes Unable to demonstrate N/A N/A Yes Yes
Product list Yes Yes Yes Yes Yes Yes Yes Yes No Yes
Inventory list Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Inventory dollars Standard cost Yes Yes Yes Yes Yes Yes Yes Yes Yes
Inventory units Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Bank reconciliation Limited Limited Yes Yes Yes Yes Very basic Yes Yes Yes, but very basic
Fixed assets Yes Yes Separate module Yes 3rd-party vendor Yes 3rd-party vendor Yes N/A Yes
Additions Yes Yes Separate module Yes 3rd-party vendor Yes   Yes N/A Yes
Deletions Yes Yes Separate module Yes 3rd-party vendor Yes   Yes N/A Yes
Depreciation schedule Yes Yes Separate module Yes 3rd-party vendor Yes   Yes N/A Yes
Are reports easily published to the Web? Adobe Acrobat Yes Yes Yes Yes Some Some Yes Yes Yes
Is interface intuitive for an accountant? Average Yes Yes No No, but easy to learn Yes No Yes, easy to use Yes Yes
Evaluation of audit trail function Excellent Average Poor Excellent Average Good Good Good Good Poor
Can users print any part of the audit trail? Yes Yes No Yes Yes Yes Yes Yes Yes No
Does audit trail include date and number, what was changed, when and by whom? Yes No No Yes No Yes No Yes Yes No
Does audit trail track time in whole minutes by user? Yes No No Yes No No Yes No No No
Evaluation of executive reporting Excellent N/A Excellent Excellent Average Excellent Excellent N/A Excellent Above average
Can user pick key factors to monitor? Yes No Yes Yes Yes Yes Yes No Yes No
Can it generate graphic representations of critical financial ratios? Yes No Yes Yes No Yes Yes 3rd-party vendor Yes Yes
Does it show trend analysis with graphics? Yes No Yes Yes No Yes Yes 3rd-party vendor Yes Yes

N/A = not applicable, AR = accounts receivable, AP = accounts payable, GL = general ledger, TB = trial balance , BS = balance sheet

SPONSORED WHITE PAPER

Preparing the statement of cash flows

This instructive white paper outlines common pitfalls in the preparation of the statement of cash flows, resources to minimize these risks, and four critical skills your staff will need as you approach necessary changes to the process.

RESOURCES

Keeping you informed and prepared amid the COVID-19 crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.