Modules in System 20/20
ACCOUNTS PAYABLE Accounts Payable enables the user to easily process and pay vendor invoices. All invoices are expensed to the appropriate subledger: Cost Accounting, Inventory, Equipment, Work Order, Payroll, and General Ledger.
ACCOUNTS RECEIVABLE
Accounts Receivable is used to process and print customer billings and record payments against these generated invoices. Invoices can either be directly entered or generated from the Cost Accounting, Equipment, Work Order or Inventory modules.
CONTRACTS MANAGEMENT
Contracts Management enables you to administer the paperwork associated with pending changes in a project that may impact budgets, subcontracts, and/or purchase orders. This module monitors the paperwork through the appropriate determination and approval actions.
COST ACCOUNTING
Cost Accounting is functionally a job cost system that tracks the cost, production, schedule and revenue components of a project. This module is used to report on the actual progress achieved on a project; provide management with complete reports that show actual performance versus budgeted performance; and create a detailed cost subledger to a company's general ledger.
EQUIPMENT
Equipment meets all the rental computation, historical costing, inventory, and maintenance scheduling needs of a company's equipment fleet.
ESTIMATING
Estimating enables a user to compute a total estimated "cost" for a project; distribute overhead costs and apply profit to arrive at a "bid price"; define schedules and compute the resource demand, cash flow, and return on investment analyses; specify a hierarchy of inflation and escalation indices to compute anticipated incremental costs and revenue; and provide risk analyses of a project's estimate.
FIXED ASSETS
Fixed Assets computes financial depreciation on each asset for both book and tax reporting.
GENERAL LEDGER
General Ledger receives journal transactions from the other modules in the system to maintain a balance in a company's chart of accounts. General Ledger is considered the end depository for System 20/20's "monetary" transactions and allows the customer to design and generate unique financial reports.
HUMAN RESOURCES
Human Resources provides the user with an applicant and employee management system that consists of the following menu features: Job Requisition Processing, Applicant Tracking, Affirmative Action, Labor Relations, and Employee Records.
INVENTORY
Inventory maintains a record of the quantity, value, and physical location of every inventory item; provides order entry functions; and controls the issuance of inventory to other modules. The Inventory module features multiple warehouses with on- line status of any inventory item in any or all the warehouses.
LABOR DISTRIBUTION
Labor Distribution provides all necessary tools to capture employee timecards, generate an export file for use by an external payroll service, import the computed payroll data, and distribute the payroll costs to the appropriate expense destinations.
PAYROLL
Payroll provides all the necessary tools to compute and pay employees. Payroll accommodates each company's employer burden requirements and computation methods.
PURCHASING
Purchasing monitors the flow of externally purchased materials from the point of purchase requisition to solicitation of quotations, purchase order generation and vendor invoice validation.
RECEIVING
Receiving records materials received and charges them to the appropriate expense subledger. Based on a company's module set up, posted receiving transactions can generate cost transactions in any or all of the following modules: Cost Accounting, Inventory, Purchasing, Equipment, Work Order, General Ledger.
SOFTWARE RELEASE
Software Release is available for those clients with data processing departments who want to develop custom modules or features. Software Release also facilitates the transfer and update procedures of System 20/20 program enhancements.
SUBCONTRACTS
Subcontracts controls the issuance of subcontracts, change orders and subcontract payment requests.
SYSTEM CONTROL
System Control is used primarily by the database administrator for initializing and maintaining each customer's system configuration and security access. System Control also features database conversion and batch processing capabilities.
SYSTEM DEVELOPMENT
System Development is utilized by CIS and the database administrator to streamline program development and system analysis. The System Development module provides a consistent standard for programming design and development; reduces the maintenance of a customer's database; and facilitates the configuration of the System 20/20 software product for diverse computer and operating system environments.
WORK ORDER
Work Order provides a method of cost accumulation that is primarily used when performing maintenance work orders on equipment identified in the Equipment module, on fabrication or assembly of products used in the Inventory module, or on short term jobs (work orders) that may be billed to outside customers or cost centers.