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By: Peter Poletti

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Transaction Processing Functions & Features

Modules include Distribution to unlimited project and cost codes accounts;A running total shows the total debits and credits as they are being entered;Posting of financial transactions to open periods;Posting of budget, commitment, or statistical data to any open or future period;Automatic creation of general ledger transactions with appropriate debit or credit offsets;An accounting date or effective date, indicating which cost ledger accounting period is to be posted;.. Transaction Processing Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Transaction Processing Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

The Transaction Processing Functions & Features comprise the following elements:

  • Distribution to unlimited project and cost codes accounts

    Distribution to unlimited project and cost codes accounts, Transaction Processing Functions & Features
  • A running total shows the total debits and credits as they are being entered

    A running total shows the total debits and credits as they are being entered, Transaction Processing Functions & Features
  • Posting of financial transactions to open periods

    Posting of financial transactions to open periods, Transaction Processing Functions & Features
  • Posting of budget, commitment, or statistical data to any open or future period

    Posting of budget, commitment, or statistical data to any open or future period, Transaction Processing Functions & Features
  • Automatic creation of general ledger transactions with appropriate debit or credit offsets

    Automatic creation of general ledger transactions with appropriate debit or credit offsets, Transaction Processing Functions & Features
  • An accounting date or effective date, indicating which cost ledger accounting period is to be posted

    An accounting date or effective date, indicating which cost ledger accounting period is to be posted, Transaction Processing Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features