Accounting

Accounting Interface

CounterPoint integrates seamlessly with a variety of accounting packages, including Great Plains, BusinessWorks Gold, and Microsoft Business Solutions Small Business Manager software. You can voucher received PO’s into Accounts Payable (A/P) and interface distributions to General Ledger (G/L).
In addition, utilities are provided to export distributions for use by other third-party General Ledger products, such as QuickBooks, Solomon IV, and ACCPAC for Windows.

General Ledger

CounterPoint account numbers are mapped to corresponding G/L account numbers. Mapping rules can be set up that pertain to all accounts, or on a one-to-one basis. G/L account numbers may be up to 50 characters and may be segmented. Utilities allow you to import G/L accounts into CounterPoint.

The Distribution Report may be printed in order by account number or by posting source (distribution type or module). A summary version is available, or the detailed version may be printed in order to provide a complete audit trail back to the individual posting journals and document numbers that originally created the distribution.

Distribution activity can be transferred automatically into G/L in summary or detail format, providing a complete audit trail from G/L.

Accounts Payable

CounterPoint Inventory and Purchasing track vendor information. An Accounts Payable (A/P) package must be used to track payables and issue checks outside of CounterPoint. CounterPoint vendors may be set up automatically from existing A/P vendors or created manually in CounterPoint.
After a CounterPoint PO has been received, that receiver may be vouchered into A/P as an invoice (a payable). A/P invoice vouchers may be entered, and accounting distributions are automatically passed into A/P along with the invoice vouchers.Import/export utilities allow you to add or update vendors from A/P to CounterPoint or from CounterPoint to A/P.

Inventory

CounterPoint includes an integrated, full-featured Inventory application. Although most accounting vendors offer an inventory package, CounterPoint does not work directly with those third-party inventory packages.
For certain applications, it may be valuable to share information between CounterPoint Inventory and the third-party inventory package. You can use CounterPoint’s Database Import utility to create and update CounterPoint inventory items (item number, description, price, etc.). Most third-party inventory packages can create text files suitable for importing into CounterPoint.

CounterPoint is also capable of importing and processing transactions (receivings and adjustments) from text files. Most third-party inventory packages can create these compatible transaction text files.

Data can be exported using CounterPoint’s Database Export utility or other applications such as Excel, Crystal Reports, or Microsoft SQL.