Exact Product Blog: Exact Online
It is possible in the quotation calculation to copy an existing bill of materials to a new quotation line. This comes handy when we want to quote on a modification of a standard product, or if we use a BOM as a quotation line template. We have now made it possible to copy an existing shop order and an existing quotation line. The latter is useful if we want to calculate with a different material price for a larger price break.
In daily business a variety of scenarios can require specific additional information of products or services. This can relate to sector, a business process or information requested by customers or suppliers. This information is to be communicated via sales- and purchase related documents, used in eCommerce via web shops and marketplaces or included in digital transactions.
Examples are: Risk codes for Chemicals, Size and Color optionally combined with a Parent- or Variant item for Apparel, Volume for Shipping purposes, a Retail price for compliance in your retail channel, Material type for Jewelry or Construction materials, Temperature for Food products, etc..
Exact facilitates different processes for different replenishment methods. Some items we want to manage by policy (“purchase or make when under reorder point”), and other items are only bought or made when a specific demand is triggering the transaction. We are introducing a new icon on the item card to show that an item is stock controlled (managed by policy).
In international business a global standard of transport related information is used by carriers and customs. All documentation that is attached to shipments needs to be compliant with this standard. Think about a Harmonized System code or Country of Origin of products.
Need to pay your suppliers? You might postpone it a little while… because paying suppliers is easy and fast in Exact. You are just a view clicks away from a bank file with your payments. All information, such as account number, invoice number, amount, is included. Your outstanding items in Exact are automatically marked as payment in transit. Everything is clear: for you and your supplier.
In one of my previous blogs we introduced a new way to support your business better, faster and smarter. This new way is called robotic accounting, one of the pillars of our No Hands Accounting strategy. Robotic accounting in Exact Online helps you to save a significant amount of time and be consistent while doing your bookkeeping.
On the bill-of-materials version we find a breakdown of the manufacturing cost into material, inside routing and outside routing (subcontracted work). However, when the material includes subassemblies, routing costs to manufacture those subassemblies have been absorbed into the item cost. An upcoming enhancement to the intended bill of materials overview provides insight into the real breakdown of manufacturing cost for items with a multi-level bill of materials.
In Exact for Manufacturing we find a robust planning for material requirements of shop orders. When materials have a long lead time we would like to make our purchases in advance of shop order generation, for example on the basis of sales forecasts. With Material Requirements Planning (MRP) we can purchase for planned orders, and we can generate shop orders from a sales forecast for products with a single-level bill-of-materials.
Nobody keeps your data safer than Exact Online. There are always things you can do of course: avoid writing down passwords, regularly change your username and password, always log out on a shared computer. Even so, you can rest assured we’re doing everything possible to maximise online security and protect your details from phishing and fraud. These three recent security enhancements will support your safety even more.