Dimensional Inventory

Reduce waste, control job costs and increase production efficiency; That’s SMARTer.

    Inventory is an asset and a significant investment.  It isn’t enough to simply keep low amounts of stock, because running out of stock can be as costly as maintaining too much inventory.  You need a responsive software solution that can constantly monitor and quickly react to events in your enterprise.  SMARTer Manager’s dimensional inventory ability empowers you to accurately control inventory through a sophisticated enhancement that tracks the various units of measure of any single inventory item. With unlimited dimensional unit definitions, SMARTer Manager provides the tool to reduce waste, control job costs and increase production efficiency.

SMARTer Manager’s dimensional inventory, which can be combined with Palm Computing © technology, returns unused or partially used items to stock, while automatically associating the returned item to the dimensionally correct item number.  In addition, all values for the material used in production are validated and update immediately, creating truly accurate job costing. 

SMARTer Manager’s Inventory Wizard makes creating inventory items with dimensional options fast and easy.  The wizard will use the decrement length to create new inventory items for the drop table associated with the original purchased inventory unit.  For example, if the current item’s length is 8 feet and the decrement is 6 inches, then the wizard will create items with lengths of 7.5, 7, 6.5 feet.  One of the most important aspects of dimensional inventory control is visibility into exactly what quantity and dimensions of an item are actually available. 

With SMARTer Manager’s powerful Inventory functionality, items with dimensional attributes can be viewed simultaneously.

A Senate vote on the Patient Protection and Affordable Care Act is imminent. This legislation will impose unprecedented new costs on business, starting with hundreds of billions of dollars in new taxes.

Under this bill, it’s unlikely that you, as an employer, will be able to offer the same benefits you do now. In the end, it is employees who will feel the impact.

The NAM is urging Senators to vote no on the Patient Protection and Affordable Care Act and any legislation that will result in higher health care costs. It is critical that lawmakers enact a version of reform that reduces health care costs for manufacturers and improves the quality of care.

The NAM urges you to contact your Senators now to express your concern over the Patient Protection and Affordable Care Act.

Now is the time for action:

1) Please contact your Senators immediately and urge them to oppose the Patient Protection and Affordable Care Act. The NAM has prepared a sample communication for your use.  Please click here to contact your Senators now.

2) While it is important that every member of Congress hear from manufacturers on this important issue, we are especially encouraging members who have a constituent relationship with the following Senators to call, e-mail and/or fax them today:

NAM Resources: Talking points and sample e-mails to Senators are located at www.nam.org/healthcare.  Click here for a list of telephone and fax numbers for your lawmakers’ district/state offices.

NAM Contact: Jeri Kubicki, Vice President, Human Resources Policy, jkubicki@nam.org, (202) 637-3127.

HAYDEN, IDAHO - Manufacturers worldwide can now find SMARTer Manager on Facebook and Twitter.

The company joined both networks with the intent of interacting with customers, potential customers and the interested public. “Twitter is becoming such a popular network these days,” says Laura Beyer, marketing department at SMARTer Manager, “and nearly everyone is on Facebook, or knows someone who is. We couldn’t afford not to join. Now customers and non-customers alike have a way to keep up with SMARTer Manager in real-time. Not only will we be posting industry-relevant information, but also fun facts and some interesting things about us and our company that our customers may not have known before. Our goal is to make both networks something people will want to follow to see what kind of information we will share next. Twitter and Facebook will provide another way for customers to get in contact with us and will nicely compliment our Live Help feature, available on our website.”

To follow SMARTer Manager’s social media’s journey, become a follower on Twitter, become a fan on Facebook, or visit the SMARTer Manager website and click on the appropriate link at the top of the page.

Almost 70% of all manufacturers are organized as “S” corporations or other flow-through types and pay income taxes at the same rate as individuals. The new surtax, and the tax increases that will go into affect in 2011 along with state and local taxes, could top tax rate for small manufacturers above 50% for most in the country.

A recent CNN poll, released Friday, November 6, shows that 53% of Americans are Opposed to the current health care plan; that’s an 18% increase in 5 months.  Nearly 6 in 10 Americans think the bill still needs work.

It seems that the current bill has passed the House and is now making it’s merry way to the Senate. From everything we have read,  here at SME Software, we don’t see how it could be a good thing for any small to mid-sized manufacturer and other small businesses.

NAM, National Association of Manufacturing, has released a commercial that will urge manufacturers to contact their public officials, Congressman and Senators, to STOP the current H.R. 3962.

We encourage each of you to take the action you see necessary to make sure your voice is heard.

You can find more information by visiting, NAM, Employers for a Healthy Economy.

Contact your representative NOW!

You can view the GlobalSMT -TV broadcast here. You’ll find documentaries, process tips and news relating to the electronics manufacturing industry.

GlobalSMT-TV - live streaming video powered by Livestream.

You can view the GlobalSMT -TV broadcast here. You’ll find documentaries, process tips and news relating to the electronics manufacturing industry.

At SME Software we cross all the boundaries and continually strive to meet the needs of our friends in the electronics manfacturing industry by staying a breast of new legistlation, industry standards and compliance issues that face those in the industry.

If you have suggestions or inquires please direct them to a professional with SME Software via email, phone or Live Help on our main site.

Is your desk a mess? Is your desk-top cluttered? Do you have too many favorites to weed through on the Internet just to find one particular website? Would you like to have all of your business-critical information in one convenient location?
If you answered “yes” to any of those questions, then the SMARTer Manager Business Manager is for you.

 
The Business Manager gives you the ability to work with all of your business in one convenient location. No more messy desktops and cluttered internet bookmark listings - the Business Manager allows you to keep all of your crucial business information how you want it in one organized location.

Using web-based design tools, you can also connect to the internet to monitor, measure and manage business information. Do you frequently need to access UPS®, FedEx®, Google® and Microsoft Word®? Just plop them onto the Business Manager. And if you need to take a break from the pressures of work, go ahead and plop a link to the score for the big game on your manufacturing hub, as well.

Organize your Business Manager in whatever fashion makes the most sense for you and your organization!

 
As those who are already using the Business Manager know, it is extremely easy to use and will help to simplify your life. How can you afford to NOT use it?

Processing Pre-payments in SMARTer Manager

Method A:

1. Upon receipt of a prepayment, create a debit transaction in the checking account. Go to Accounting/Checkbooks/Checkbooks. Click on the Debits button and create a new debit. On the accounts distribution section, post the amount to your prepayments account. This will debit checking and credit the prepayments account.

2. Then create a Credit in the Accounts Receivable. Go to Accounting/Accounts Receivable/Invoices & Credit and add a new credit. The account code on the item is your prepayment account. Make sure to print the credit so it creates the appropriate journal entries.

3. Next, when you ship the item, it will create an invoice. This will debit AR and credit Sales.

4. Finally, payment of the invoice. Create a deposit. Apply the outstanding credit created in Step 2 to the invoice created in Step 3. This will debit checking and credit AR.

Method B:

1. Upon receipt of a prepayment, in Accounting/Accounts Receivable/Invoices and Credits, create a manual invoice for the prepayment. On the item, the account used is the prepayment account. This will debit AR and credit the prepayment account.

2. Create a deposit applying the prepayment to the invoice created in step 1. This will debit checking and credit AR.

3. Again go to Accounting/Accounts Receivable/Invoices and Credits and create a manual credit for the prepayment. Again, on the item, the account used is the prepayment account. This will credit AR and debit the prepayment account.

4. When you ship the item, it will create an invoice for the full amount. This will debit AR and credit Sales.

5. Finally, payment of the invoice. Create a deposit. Apply the outstanding credit created in Step 3 to the invoice created in Step 4. This deposit will debit checking and credit AR.

Method C:

1. Upon receipt of a prepayment, in Accounting/Accounts Receivable/Invoices and Credits, create a manual invoice for the prepayment. On the item, the account used is the prepayment account. This will debit AR and credit the prepayment account.

2. Create a deposit applying the prepayment to the invoice created in step 1. This will debit checking and credit AR. (Note – Steps 1 and 2 could be replaced with Step 1 in Method A)

3. On the job, create a negative charge. In the account code field, use the prepayment account.

4. When you ship the item, it will create an invoice for the amount minus the negative charge. This will debit AR and the prepayment account and credit Sales.

5. Upon receipt of payment, create a deposit. This will credit AR and debit checking.

1. Open the View Builder

2. Select the Field Wizard button.

3. Select the field to modify, i.e. Description/Description

4. Click the Field Properties tab

5. Correct the properties as desired.

• Field= Description
• Show = Show
• Sort Order = (user preference entered)
• Description = Item Description (This is the heading the user will view and export)
• Lookup field = NO ENTRY IS MADE, FIELD SHOULD BE BLANK
• Lookup Field = NO ENTRY IS MADE, FIELD SHOULD BE BLANK

6. Click the Save button