Saturday, January 30, 2016

Rack up the Miles!! - Part II


TSH Releases Credit Card Statement Upload and Match System

Image result for credit card pointsWant to rack up those rewards miles? - the MDS A/P transfer subsystem will let you do that quickly and easily. our Integrated Accounts Payable (A/P) system allows you to receive and enter invoices from vendors and will automatically check for a purchase order and receipt of the goods on the purchase order before releasing it to pay.  But we realized that matching those hundreds of charges on your credit card up to your expenses and invoices was not quite as easy. 

To remedy that we have released our updated Credit Card statement upload and match system. This system allows you to upload a spreadsheet or text file from your bank or credit card provider. The MDS system will then display and allow you to import and create journal entries for new items or when using the integrated bank reconciliation module you can now match invoices to charges.

Traditionally when it was time to pay your only option was to cut a check. however more and more vendor accept credit cards as a payment. the problem is that invariably the credit card and vendor invoices are not always entered  in the same time frame and to reconcile the payments against your vendor's invoices was time consuming and difficult. 

Now MDS allows you to take all the open payable from one vendor and "transfer" them to your credit card for payment 
the check can then be cut to Amex, Visa, Mastercard etc.  -but the payable will show the payments against each individual invoice for the original vendor. 


Image result for rack up the miles
The MDS system will then generate an email remittance to your vendor showing them which invoices to charge on your card and you can then reconcile the credit card statement in MDS.

Use your business software to help you to maximize your miles.






For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556. Or send a message to sales@tshinc.com
Click here and tell us how we can help you with your business solutions.

Saturday, January 23, 2016

Need a free trip? - here's how to rack up the miles.


TSH Releases A/P Transfer Subsystem

Want to rack up those rewards miles? - the MDS A/P transfer subsystem will let you do that quickly and easily. our Integrated Accounts Payable (A/P) system allows you to receive and enter invoices from vendors and will automatically check for a purchase order and reciept of the goods on the purchase order before releasing it to pay. 

Traditionally when it was time to pay your only option was to cut a check. however more and more vendor accept credit cards as a payment. the problem is that invariably the credit card and vendor invoices are not always entered  in the same time frame and to reconcile the payments against your vendor's invoices was time consuming and difficult. 

Now MDS allows you to take all the open payables from one vendor and "transfer" them to your credit card for payment 
the check can then be cut to Amex, Visa, Mastercard etc.  -but the payables will show the payments against each individual invoice for the original vendor. 



The MDS system will then generate an email remittance to your vendor showing them which invoices to charge on your card and you can then reconcile the credit card statement in MDS.



For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556. Or send a message to sales@tshinc.com
Click here and tell us how we can help you with your business solutions.

Do you know what your Inventory (D)ogs are?



TSH Releases Inventory Management Enhancements 

Image result for inventory dogThe ultimate goal for all distributors is to: 
 Minimize Inventory Carrying Costs While Maximizing Service Levels. 

The well-known ABC classification is simple-to-understand and easy-to-use. However, ABC analysis is based on only single measurement such as annual dollar usage. It has been recognized that other criteria are also important. 

The MDS system now offer multiple methods for finding those "D" or dog items - If they dont make it to the A,B,C levels in your inventory ranking convention wisdom says.... They are your dogs items and should be removed from inventory as they are not making you any money.. 

MDS offer options for: 
Ranking by a Percentage or an actual number I.E Top 100 or Top 10% - whichever makes more sense for your business. 
Each Criteria is then weighted and used to help you determine your items.. 
Criteria offered now include: 

nUnit volume
nSales volume
nGross profit
nCost volume
n#of hits
norders
nreplenishment
ntransfers