It’s a nightmare that no home healthcare agency wants to face: a cyber-attack. Although many companies think they’re too small to be the target of an attack, 43% of all cybercrime is committed against SMBs. And, sadly, a whopping 95% of security breaches are due not to sophisticated software-based attacks but to human error—an employee […]

Distribution software consulting company recognized for excellence. Austin, TX – February 22, 2023 – Mindover Software, a technology consulting firm specializing in the sale, installation, and support of Acumatica, was awarded Acumatica’s Distribution Partner of the Year, announced at the Acumatica 2023 Summit. The Acumatica Summit is the premier event for customers, partners, and industry […]

Business budgeting, planning, and forecasting may seem like a specific set of action steps that never vary. In truth, there are trends in this area of accounting and finance just as there are trends and new approaches in other business disciplines. The Sage Global Planning, Budgeting, Forecasting, and Reporting survey explores these trends and shares […]

By now, you’ve probably seen the term “digital transformation” used in professional journals, websites, and articles. The term has probably been overused, but it’s still a viable concept for ensuring that your company’s technology stack is fully optimized to support continued growth and improvement. A major step in digital transforming is shifting many technology resources, […]

Is business succession planning part of your C-suite conversation? If not, it should be. According to the Harvard Business Review, most boards are unprepared for leadership transitions. Such preparation takes years, not months, and it’s inevitable. People retire or choose to work for other companies. When that happens, companies that are unprepared for leadership succession […]

Cloud accounting systems offer many benefits and few drawbacks. The best cloud systems offer flexibility, security, and automation of numerous tasks. And, while they offer many benefits to the entire company, there are five specific benefits your finance team will appreciate. Here, we share these benefits and what they may mean to your finance department. […]

Most warehousing and distribution businesses achieve 4% net profit, according to the National Association of Wholesalers and Distributors. Companies that are able to achieve such profits (or more) rely heavily on warehousing and distribution metrics to ensure they are minimizing expenses to maximize profits. In this introduction to warehousing and distribution metrics, we’ll review the […]

ERP payroll software can help small businesses save a great deal of time. The average SMB spends 5 hours per pay period calculating payroll and associated taxes. Business situations such as multiple locations, hourly and salaried workers, shift work, and split shifts compound the complexities of calculating and issuing payroll. Companies running a sound ERP […]

In this tutorial, we will review how to update the 1099 amounts for a vendor. For this scenario, let’s say that after reviewing the 1099 vendor report, we noticed that the amount and code for a certain vendor is incorrect. This can happen if an invoice is keyed incorrectly when originally entered. Thus, we need […]

In this tutorial, we will review a few steps in managing 1099s in Acumatica. We will learn how to mark a 1099 vendor, how to print 1099s, how to run reports, and finally how to close the 1099 year. Acumatica Accounts Payable First, we will learn how to mark a vendor as a 1099 vendor. […]