Common Information maintains information such as payment terms, shipping methods, transaction configurations, and batch records. Applications support both real-time and batch processing.
| Feature | Benefit |
| Real-Time Posting | Real-time posting of individual transactions is available in all modules. |
| Batch Approval and Processing | Transactions which need to be reviewed before posting or approved by another user can be saved to a user designated batch which can be shared by a group of users or specific to one user. Batch processing for all transactions is handled through a single common interface, making it easy to manage all batch processing activities. |
| Recurring Batches | A recurring batch can be created to replicate a set of transactions multiple times at a specified frequency such as daily, weekly, or monthly. Each time a recurring batch is posted a single-use batch of transactions is created which can be edited and then posted. |
| No Record Conflicts | Transaction entry, batch posting, report generation can be performed by multiple users with absolutely no record locking conflicts. |
| Reliable Posting | Data integrity is never compromised due to interruptions in posting from power loss or other unexpected hardware/software failures. Normal operations can be restarted immediately with no need for restoring data from a backup tape, rebuilding data files, or data verification. |
| Distributed Processing | Posting can be performed on the client workstation or distributed across the network to application servers. |
| Posting Approved Batches | Batches which have been approved can be posted individually or as a group. Batches can be posted in the background while the user continues with other activities. Batches can also be posted from other computers on the network after being approved. |
| Flexible Payment Terms |
Payment terms can be defined for use in various customer and vendor transactions. Payment terms define how the due date, discount date, and % of discount for early payment is calculated. Due date and discount date can be based on a specific number of days after the transaction date, a specific day of the month, or the end of the month. Discount percentage can be calculated based on one or more of the following transaction amounts: transaction detail lines sub-total, trade discount, freight, miscellaneous charges, and tax. |
| Freight Carriers | Define carrier companies you use for shipments and services offered by each carrier. |
| Shipping Methods | Define methods of shipping goods which can be used on purchase orders, sales orders and other transactions. The shipping methods can be linked to freight carriers. |
| Company Addresses | Define company address information which can include a company logo to appear on various forms such as purchase orders, or invoices. |
| Comments | Defined commonly used messages which can be selected to appear on various forms such as purchase orders, invoices, etc. |