Items that have passed that date can be marked as expired and cannot be used or marked as degraded which will make them still available but with a warning before they are issued. Product configurations can be predefined and assigned finished good item numbers. Multiple warehouses are supported by location as follows: Assign items a list of suppliers and locations that are supported as follows: Drill down on inventory allocations and on order quantities to see a listing of the documents making up the numbers. Each line on a purchase order can also accomodate the placing of an order, controlling the return of items, and recording credit all within one document. Test pricing rules before they are released. Massachusetts-based Alere Inc. will pay more than $13 million to settle charges that it bribed foreign officials and committed accounting fraud to meet revenue targets, the SEC said Thursday. Why ALERE? Thousands of businesses have come to rely on ERP, accounting, CRM, manufacturing, data acquisition, and mobility solutions from TIW Technology. The ROI is calculated by dividing the net profit by the cost of the investment. These customizations allowed us to continue to do the things that make our organization great without having to change our processes to match the software. Since dependency, where one decisions leads to subsequent choices, can be multiple levels deep, even the most complex products are completely supported. Simple and advanced budgeting, using Excel spreadsheets, is supported. Send sales invoices to a different location from where the order was shipped. Following these rules is especially critical for all publicly traded companies. Apply debit memos and prepayments to payables as they are approved for payment. Released as a payable without being received. Activities like processing a prepayment or handling a return are done quickly, logically and with a minimum number of steps. When using thedouble-entry accounting methodthere will be two recorded entries for every transaction: A credit and a debit. Applications family of products. Across the board, for the level of ERP we were looking for, they almost all offered similar functionlaity but it was Aleres adaptability that had us move forward with them. Even stock inquiries, printing labels, and increasing or decreasing inventory becomes a snap! Correct payments after they have been made. Pinpoint your companys critical geographic hot spots with a Location of Sales report. There is one central file for the creation and maintenance of system-wide codes like units of measure, price groups, product classes, etc. Budgeting is available native to the chart of accounts or through an unlimited number of spreadsheets for comparative and what-if analysis. Please select another program or contact an Admissions Advisor (877.530.9600) for help. 10 - Depreciation, Amortization, & Fixed Assets. Line items on purchase orders may be partially or wholly received. Compare actual versus budget for any range of dates. The Sales Module is responsible for all sales functions, from entering an order, through invoicing to managing the cash receipts. A great deal of effort is put into making complicated processes simple and straightforward while still providing feature sets that easily rival or exceed packages costing considerably more. The ALERE manual is written in HTML, has both field level and video support, and is accessible to every user by clicking on the "?" For example, enter a customers PO number and click on Order by Customer PO to find the matching sales order. Inventory can be stored at location, store and bin with extensive lot, serial, and trait traceability as needed for each item. A strong development program results in regular releases of new versions of ALERE. So if youre starting to think aboutpursuing a career in accounting, your first step is to familiarize yourself with some of the basic accounting terms, acronyms and abbreviations in the field. The Income Statement (referred to above as the P&L) and the Balance Sheet. Learn more about the road ahead in our article, Your Step-by-Step Guide on How to Become an Accountant. 3. New search features Acronym Blog Free tools "AcronymFinder.com. A wide variety of costing and pricing rules can be established and used when a configuration is entered which does not have a predefined finished good set up. Set quantities for items to a precision of three (3) decimal places. Save time when entering new inventory items by copying the settings from another item. Each document contains a complete history of its life accompanied by all the associated general ledger postings that were generated. The deferred money is usually not subject to tax until it is withdrawn; however, an employee with a Roth 401K can make contributions after taxes. What platform does ALERE use? Rates can be updated as often as once per day and are continuously tracked by date. So, the user interface is rich and powerful, and all modules utilize that same interface. Specify the location to ship from by line item. Serial numbers, lot numbers and traits are supported. This permits returns and credits to be handled within one order. Inventory - INV: The parts of ALERE software that we like most are: the traceability between transactions, product costing and the ability to integrate ALERE with other software we use. What is ALERE? Because of theconfusing credentials, differentaccounting mythsand these industry terms, its not uncommon for people to think working in accounting is inaccessible when really it just has its own unique language. We have a wholly integrated single TIW solution.. Traits are user defined. Assign a GL Group to each line item that contains the GL accounts to use as a Pending order with full editing rights. Any Bill to/Ship to combination is supported, including manually entering a onetime shipping address for drop shipping. Reopen closed periods or fiscal years. Separate GL accounts track outbound sales and inbound purchases. The initial and ongoing costs for ALERE are surprising affordable and well within the budget for even small operations. Return orders place the items on order in inventory and can be shown separately when doing mass receiving. Customer and supplier part numbers can be used interchangeably, smoothing the order and purchasing processes. Everything to do with creating inventory items, mass shipping orders, mass receiving orders, transferring inventory, physical inventory, and adjustments to inventory is handled by this module. Both the A/R Receivables and A/P Payables reports have options to be run for specific currencies. There is support for a multi-tier split commission structure which permits manager commissions to be based on the sales of subordinates. The same process handles sales returns. InTouch maintains two-way links with Microsoft Outlook, providing centralized connectivity for appointments, tasks, and emails sent or recorded in either product. Payments can be accepted or made in either the foreign currency or the base currency. Alere is a mature and well-established product which continues to adapt to new technology to support the needs of today's customers.A benefit of its development process is a continual emphasis on refactoring the basic architecture. Book Value - BV: In accounting abbreviations, BV represents the original value of an asset after eliminating accumulated depreciation. Extensive reporting includes As of reports and a custom financial report generator. Multiple quotes can be created to send to various suppliers for pricing information. Companies may be marked active or inactive to control their use. It supports web development by controlling which ALERE data is uploaded for webserver HTML use, and keeps it synchronized. View a list of all users logged in on one screen. Now that you have a solid foundation of basic accounting terms, youre ready to start on your path to entering the field. Time and labor postings from manufacturing are audited and approved.Details & Features (856kb), ALEREs InTouch module is an integrated CRM solution, providing a whole range of benefits unavailable when CRM software is used stand-alone. What does alere mean? All interactions with companies are logged, including activities initiated in ALERE and emails sent from Outlook.Details & Features (816kb), The Sales module manages all activities related to selling products and services to your customers. Enrolled agent (EA) definition:A tax professional who represents taxpayers in matters where they are dealing with the Internal Revenue Service (IRS). Auto number orders or enter them manually. Assign AR/cash receipts to Bank Deposit IDs where deposits can be managed and bank deposit tickets printed. An Honest Answer. ALERE features unrivaled manufacturing, inventory management, and accounting toolsets, backed by a robust reporting engine, allowing the system to be readily . Address Track inventory that is in transit with a dedicated default account.Monitor customer and supplier prepayments using separate default accounts. Long-term liabilities (LTL) are typically payable over a period of time greater than one year. Change purchasing u/m on a line item using a conversion factor. A Refer To option on the sales order supports a third party. The Language Settings feature permits menus, screens, and even different languages to be customized on a user by user basis. Associate two images in BMP, GIF, JPG or ICO formats to each item. Track issues, shipments, receipts, and adjustments on the Activity tab. Email: info@tiwcorp.com Financial information can be exported to F9 Financial Reporter for further analysis or for budgeting purposes. Alere's publisher, TIW Corp, has provided superb customer service, both to our company as well as directly to our clients. Alere Accounting Software Alere ERP Accounting Modules Manager ERP software is, by its nature, a large and complex program with many moving parts. A GL journal entry is completely accomplished using only one screen. Phone: 610-258-5161. You as a customer get value. Our website provides a free download of ALERE Accounting 7.0. Lots that fail may not be shipped. This means: Dynamic Screen Sizing Screens can be resized by dragging the edges with a mouse. It is designed to provide management with a tool to explore their company data. Companies appreciate how modestly priced ALERE is both to purchase and to maintain. - Listen to 1 - Assets, Liabilities, Equity, Revenue, & Expenses (ALE-RE) by Accounting 101 with Jimmy Stewart instantly on your tablet, phone or browser - no downloads needed. Item numbers are fifteen spaces wide and alphanumeric. There is an error in email. Items on a purchase order can be received and the order considered complete if the quantity falls within an overage/shortage range. a unique order number sequence. Produce As Of inventory reports for any date or range of items. Data for each company is kept in a separate directory and is easily moved or copied. The impact of outstanding sales orders, purchase orders, and work orders are clearly shown as part of future activity. The documents that can be processed using a foreign currency include sales orders, invoices, purchase orders, and payables. Out in a cornfield, roughly 50 miles from Pennsylvania's Lehigh Valley, is a company you just may want to keep your eye on.TIW Technology, or Technology for the Industrial Workplace, is aptly named for its roots in manufacturing, and the story of how it forayed into the accounting software space and created Alere Business Applications reflects the company's mission to create products in .
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