Accounting Software

[LACWM]

We're looking around for an accounting software in which has the ability to use cost centers and departmentals. Does anyone know which one would be a good one to purchase?

 

[ettienne]

Sage Accpac ERP

 

[LACWM]

That's what we have now and we can't we have to actually create new accounts for what should be cost centers.

 

[ettienne]

You need to use GL account segments for Cost Centers, Departments, Divisions, Regions, Widgets & whatevers.
Go to G/L Setup Options, Segments - here you can create new segments. Read the manual in Online Documentation.

 

[LACWM]

Is this ERP 200 or 500 cause we have the 200?

 

[ettienne]

ERP 500 has 10 segments, ERP 200 has 3 segments.

 

[LACWM]

And these segments are the ones you say should be used for cost centers and departmentals?

 

[ettienne]

Yes
Check the Accpac sample data, they show you how to use segments to give you departmental reporting.

 

[LACWM]

From our experience we believe we have to create a new account for each department or cost centers. Example: we have 3 departments A, B, C. In our segment 1 let’s say we have an account #8000 office supplies and we want to allocate our expenses which equal $1000, $300 for A, $300 for B, $400 for C. We believe that our software forces us to create new accounts in segment 2 let’s say account #8000-10 for department A, 8000-20 for dep. B, and 8000-30 for dep. C. Is this what you mean or is there another way of doing things.

 

[ettienne]

That is departmental reporting, that is the way it works.

 

[SeisaT]

Hi LACWM,
Are your departments A,B & C assigned numerals 10, 20 & 30 to distinguish them or are labelled A, B & C?