Financials Menu
The introduction of Enterprise Financials with QAD Enterprise Edition has significantly enhanced the functionality of the QAD financial modules and also has had some impact on the system setup. While this course does not deal with the financial aspects of the system directly, it does reflect the differences in setup procedures.
Financial modules support financial activities of the business and set up the financial aspects of system administration:
• General Ledger, Accounts Receivable, and Accounts Payable track the financial effects of activities in other modules.
• Multiple Currency, Tax Management, Banking, and Cash Management are used primarily to set up financial data used during financial transactions.
• Cost Management, while having some setup features, is used primarily for cost planning and tracking.
• The Fixed Assets module manages the company’s fixed assets from acquisition to retirement.
This course discusses various aspects of the General Ledger, Accounts Receivable, and Accounts Payable modules, generally as they relate to sales and manufacturing activities. Only broad concepts and tasks needed for system setup are covered. Detailed courses are provided on Enterprise Financials, as well as some of the specific modules such as Fixed Assets and Cost Management.
