TPI SHOP implements real time accounting which is tightly integrated with the inventory management system. Transactions that are taking place on the plant floor are instantly available. There is no more need to run a weekly or biweekly batching process in order to make the inventory system match accounting.
Below are just some of the powerful features of TPI SHOP’s accounting system.
Reduce data entry by saving large and recurring transactions as templates and using them when making similar entries in the future.
Have end of month transactions that need to be reversed at the beginning of the next month? TPI SHOP gives you the ability to mark transactions for automatic reversal on a future date.
Reporting & Searching
In addition to all of the typical accounting reports, TPI SHOP also has a powerful interactive search tool which allows you to quickly find a transaction with even the smallest amount of information.
Accounts Receivable Collections Tracking
While we would all like our customers to pay on time every time, we know that reality is not always so convenient. TPI SHOP goes beyond just showing you a report of past due invoices. With our collection tracking tool, you are able to easily record the results of any collection attempts.
Instead of just seeing that an invoice is 90 days past due, you now also see when the last follow up was and what is being done about it. This allows for improved customer relations and cash flow.