Evron Solutions Newsletter

Evron SOLUTIONS is a free newsletter that helps our customers and contacts get the most out of their technology investment.

Epicor Honoured

Company Named 2009 Global ISV Line Business Partner of the Year

Evron Security Advisory

Notice of Fake Security Update

Accountant's Corner

Getting the Right Tools at the Right Price

PFW: Tips & Tricks

How to Reverse or Void a Cash Receipt


 

 
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June 2009

Your Afternoon Smile

"An ambitious horse will never return to its old stable."

-- Chinese Proverb

Message From Evron's President

Company named 2009 Global ISV Line Business Partner of the Year

Epicor Software Corporation has announced it has won 2009 Global ISV Line of Business Partner of the Year in the Microsoft Worldwide Partner Conference Awards program.

Epicor was selected out of an international field of top Microsoft partners for delivering market-leading customer solutions built on Microsoft technology. A leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, Epicor is one of the largest independent software vendors committed to Microsoft technology.

"We're truly honored to accept this award from Microsoft," said George Klaus, chairman, president and CEO of Epicor. "Celebrating 25 years of innovation this year-Epicor has grown from its roots as an accounting software vendor in 1984, to be recognized as a global leader of enterprise software solutions providing best-in-class functionality with low total cost of ownership to more than 20,000 customers worldwide.

From manufacturing to distribution, merchandising to point of sale, financial recognition to business analytics and reporting-leveraging leading-edge Microsoft technologies such as .NET and the Windows® Azure™ Services Platform-our next generation solutions are continuing to transform the way people work, enabling our customers to achieve greater business agility and improved productivity."

Awards will be presented in a number of categories, with winners chosen from a pool of nearly 2,000 entrants worldwide. The Global ISV Line of Business (ERP, CRM, ECM, BI, Industry Applications) Partner of the Year award is given to the global ISV partner that has demonstrated line-of-business application leadership excellence.

This award is given to the most valuable global ISV partner in delivering Microsoft solutions to our mutual customers over the past year. The award recognizes the global partner that has demonstrated leadership in driving Microsoft-based solutions and the most valuable line-of-business partner to our worldwide field.

Evron is a proud partner of Epicor and we congratulate them on their award! For more information, click here.



Evron Security Advisory


Notice of Fake Security Update

Last week, SophosLabs detected a piece of malware that ended up in their spam traps. This malware has been made to look as if it is a false security alert from Microsoft.

The fake security alert, titled KB910721, instructs users of Microsoft Outlook and Outlook Express to update their respective email programs. However, this is a ruse. The real intention of the program is, upon running the executable file, to install a Trojan onto your computer. A Trojan is malware set up to spy on your activities on your computer, which is a direct threat to your security.

It is important that you observe this warning. The fake security alert looks entirely authentic at first glance; it's well-written, free of mistakes and looks as if it came directly from Microsoft. However, the file is a potential compromising of your network security and must not be installed.

If in the event you do accidentally install the program, you can obtain a fix from the Microsoft web site or if you need further assistance or have a security concern, please call us here at Evron. We at Evron pride ourselves on maintaining very high degrees of network security in our business -- this is why we wish to tell you all about this potential threat.


- Amit (Sunny) Sahni, CCNA, CCEA, MCSE, VSP.
- Vice-President of Technical Services at Evron Computer Systems Corp.



Accountant's Corner

Getting the Right Tools at the Right Price


In these challenging times, last year’s solution may not be the right fit for today’s business environment. One does not have to look beyond a once cornerstone of our economy, the automotive industry, to see that there are no more sacred cows that are beyond economic reality.


One of the most difficult concepts for most businesses to accept is that of sunk costs. It is quite simple. The money that was spent in the past is gone. Sounds simple, but when managers and business owners are confronted by the prospect of scrapping assets that they recommended to be purchased, they can find this a bitter pill to swallow.


Staying with a previous decision, which no longer makes sense, is throwing good money after bad. This never makes sense, especially these days.


A case in point

I recently received a call for software support for a high priced accounting package. The client purchased it three years ago, and due to a lack of available support at a reasonable price, was now stuck with an expensive, difficult-to-use accounting package. In addition, they were obligated to annual assurance fees in access of six thousand dollars.


For the price of two years fees (assurance and maintenance), we were able to replace the old solution with BusinessVision. It was installed and the client’s staff were trained in weeks, not months.


The client is now enjoying the efficiencies of a modern, Canadian oriented, real time system. Best of all, the annual software assurance went down two thousand dollars per year.


By having the business sense, and the courage, to accept his sunk costs as gone, the client was able to acquire a reasonably priced solution that he will benefit from for years to come.


Decisions that were the correct ones in the past, but no longer make economic sense, should not be permitted to hinder your growth. If the opportunity exists to save some money, why not take it?



- Irwin Pinsky, B.Comm., CGA, MCP

Irwin Pinsky is the manager of our small business division and focuses on our BusinessVision practice. Irwin's experience includes that of a public practitioner focused on emerging companies, as well as financial controllership.

 

 

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PFW: Tips & Tricks

How to Reverse or Void a Cash Receipt

Application: Accounts Receivable

Notes: Cash receipts for balance forward customer cannot be voided. The following resolutions apply to only open item customers.

Multi-currency cash receipts: when voiding a cash receipt entered using the natural currency, enter a receipt post date that is the same as the original receipt date. When a receipt is voided with a post date different than the original receipt date (where the two dates have different exchange rates), a reversing void transaction is posted to the gain/loss account at a different exchange rate than the original posting.

Resolution 1: (for Sage PFW Version 5.4 or later): Use the Void Cash Receipt utility to reverse cash receipts. This program is found in:

Open Accounts Receivable / Receipt Processing (or Utilities) / Void Posted Receipt.




* Select a new or pre-saved parameter, and enter the receipt information.

* Enter additional non-sufficient funds fees (NSF), if necessary.

* Select the same cash account number used in the original receipt.

* Click 'Process'.

* Click the 'Void' button to continue voiding the cash receipt, or click the 'Cancel' button.

Note: The voided cash receipt information is recorded in the Transaction Receipt History (ARPAYHST) file.

Resolution 2: (for Sage PFW Version 5.3 and before): Process a Cash Receipt adjustment for the transaction.
Note: This resolution applies if the cash receipt has not been moved to the Transaction History (ARTRANH) file. Transactions are moved from the Transaction Current (ARTRAN) to the Transaction History file when the AR Distribution to GL and AR Period End Close utility has been run.

Open Accounts Receivable / Document Entry Forms / Cash Receipt Adjustment.




* Open Cash Receipt Adjustment and enter the information for the transaction to be reversed, and click 'Process'.

* Open Accounts Receivable / Print and Posts / Post Cash Receipt.

* Select 'New' or pre-saved parameter from the View List.

* Enter appropriate parameters, and click 'Process'.


- Nonny Beckerman
- Senior Consultant, Evron Computer Systems Corp.

About EVRON: EVRON is a leading provider of financial systems and network infrastructure solutions for small to mid-sized businesses. We have a history of success with thousands of implementations since 1983

T: 905-477-0444 | E: info@evron.com | W: http://www.evron.com.

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