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Streamline Your Audit Process: How Crossroads RMC and Avalara Ensure Compliance and Confidence

Streamline Your Audit Process: How Crossroads RMC and Avalara Ensure Compliance and Confidence

Be Audit Ready with Crossroads RMC and Avalara

Managing reports and preparing for audits can be incredibly time-consuming and laborious. It involves extracting data from multiple sources, consolidating information, and rectifying any discrepancies. These tasks often drain resources away from revenue-generating activities.

Fortunately, Avalara offers a comprehensive solution with robust reporting capabilities, drastically reducing the time required for these processes from weeks or months to mere minutes.

Avalara serves as a centralized repository of sales tax information, ensuring accuracy and consistency across all systems involved in the compliance process.

Jean Treimanis, CFO: “I feel confident with what we can provide to any state auditor who comes in. And we can do it remotely because they can access my information easily over the internet.”

Through seamless integrations with Infor LN (ERP LN), Baan, Infor LX (ERP LX), and BPCS, Crossroads RMC and Avalara ensure smooth operation and compliance.

To discover how Avalara and Crossroads RMC can streamline your audit readiness and save time and money while ensuring complete business compliance, please refer to the Avalara Audit Risk Infographic and contact Crossroads RMC to schedule a brief discovery call.

800.762.2077

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Tips:  LX | BPCS | M3

FINANCE: Prevent Voiding of Selected Invoices
This enhancement prevents users from voiding invoices after they have been selected for payment. If a user selects an invoice for payment and another user voids the invoice during the payment process, it can produce erroneous and duplicate records. The ACP500 programs were modified to check the status of an invoice before it can be voided. If the invoice has been selected for payment, a message is generated, and the invoice cannot be voided.

OPERATIONS: Copy Shop Order
In the Shop Order Selection program, action 3=Copy is available. This action allows copying any shop order except for flow orders or campaign orders. Instead of copying from the parent item's bill of material and routing, the new shop order’s materials and operations will be copied from the selected shop order. Note that if the existing shop order is linked to a customer order or line, this linkage will not be copied to the new shop order.

TECHNOLOGY: Group Security for ILM501 Inbound Delivery Maintenance
Add function key / action code security to control who is authorized to create/revise/delete functions in ILM501 Inbound Delivery Maintenance.  With added Group Security, managers can control which users are authorized to create, change and delete deliveries in ILM501 Inbound Delivery Maintenance.

This enhancement prevents users from voiding invoices after they have been selected for payment. If a user selects an invoice for payment and another user voids the invoice during the payment process, it can produce erroneous and duplicate records. The ACP500 programs were modified to check the status of an invoice before it can be voided. If the invoice has been selected for payment, a message is generated, and the invoice cannot be voided.

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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