Acumatica 2024 R1: Delivering Core Business Functionality and Cross-Industry Capabilities

Today, business success relies on having technology that addresses specific company challenges. These challenges often emanate from the particular industry in which the company operates. Acumatica has designed its solution to address specific industry needs and challenges for construction firms, manufacturers, distributors, and retailers and have outlined how we are delivering these new features and capabilities in the latest version of our product: Acumatica 2024 R1. While delivering tailored...

A Practical Guide to Construction Compliance

Construction Compliance Needs: A Practical Guide The construction industry faces an intricate web of regulations and standards, making compliance a pivotal aspect of every project. Given the legal, safety, and financial implications of non-compliance, industry professionals need to clearly understand what construction compliance entails, why it matters, and how to effectively manage it. This guide will provide insights for managing various compliance requirements across the construction industry. Understanding Construction Compliance ...

Capital Expenditure (CapEx) in Financial Management

Understanding Capital Expenditures (CapEx) Capital expenditures (CapEx) are core to operating and growing a business. Accurate visibility into these funds is essential to decision-making and long-term planning. Businesses use CapEx to acquire, upgrade, and maintain assets in the long term. These assets can be physical (i.e., tangible, like buildings and equipment) or non-physical (i.e., intangible, like patents and licenses), but they all reflect a company’s investment in its future growth...

Earth Day 2024 Inspires Acumatica’s Ongoing Commitment to Sustainability

Each year on April 22, the world celebrates Earth Day. This year’s commemoration marks the 54th year people around the globe have engaged in communal activities or quietly reflected on our natural resources and the environment’s importance to our collective well-being. Over the years, this special day has evolved into the world’s largest civic event and has created opportunities to galvanize people’s attention, build awareness of key environmental...

5 Clear Signs Your Growing Business Is Ready to Graduate from QuickBooks

Small and midsized businesses (SMBs) fuel the US economy. Many of these SMBs start from humble beginnings—with an idea, a spark of creativity, initiative, and ingenuity. This initial spark is the genesis of what can become a flourishing, growing company. And, in today’s digital economy, growing companies need the support of business management technology to help keep their operations organized and primed for further growth. For many who are...

A Guide to Understanding the General Ledger

The core of every business and the foundation of commerce is dealing with money—or financial management and accounting. You can’t run an organization without these, and the backbone of financial management and accounting is the general ledger. Simply put, the general ledger supports and connects every aspect of a business. Understanding its nuances helps businesses keep accurate records, build precise reports, and make informed financial decisions. Today, we’ll explore the...