CPA Practice Advisor - 9

INVENTORY MANAGEMENT SYSTEMS: REVIEW
Acctivate QuickBooks Inventory
www.acctivate.com
Designed exclusively for QuickBooks,
Acctivate Inventory for QuickBooks
offers complete integration with desktop and online versions of the popular
accounting application. Acctivate offers
both on-premise and cloud deployment
and can be used by retail businesses
and distributors. Along with inventory
management, Acctivate also includes
order management and purchasing
capability.
Acctivate offers numerous mobile
add-on applications including Mobile
Inventory Management, Mobile Order
Picking, Mobile Receiving, and Mobile
Sales Orders. The Mobile Inventory
Management add-on offers barcoding
capability, making it easy to track
inventory at any location.
Acctivate includes inventory
dashboards that are fully customizable
and provide users with easy access to

vital company metrics such as sales,
incoming orders, inventory trends,
and overall profitability levels. Users
can easily manage inventory from the
product screen, which offers detailed
information on current inventory
levels, inventory on order, inventory
committed, inventory reserve levels,
and allowed product substitutions.
The product allows users to set both
minimum and maximum inventory
levels for each product, triggering an
automatic re-order option when levels
reach a certain level. The Matrix inventory feature allows users to easy track
specific attributes for products such as
color, size, style, or pattern. Users can
track inventory levels for both single
and multiple warehouses, and multiple currency and multiple language
options are available as well. Users can
assign multiple product codes to each
inventory product, and two product
descriptions can be included for each

product. Users can choose to track
products using a variety of methods
including product name, part number,
UPC, SKU, or serial number.
Barcoding capability is available
through Acctivate's mobile app, which
makes it easy to check inventory in and
out. The app also allows users to create
and print custom barcodes if desired.
Users can easily attach product photos
to the product file, along with any
other documents such as invoices,
warranties, or notes. The product also
supports Bill of Materials, Kitting, and
Assemblies, as well as batch process
manufacturing.
Acctivate offers multi-tiered pricing, with an unlimited number of tiers
supported. Users can easily assign
pricing discounts to specific products,
or add a discount to multiple products
that are assigned to a group. Pricing
can be temporary, such as for sales,
with an expiration date set. Users can

AdvancePro Supply Chain Management
www.advanceprotech.com
AdvancePro Supply Chain Management
is best suited for mid-sized to larger
manufacturing, distribution, and
wholesale businesses, though the product can be used in retail businesses as
well. AdvancePro offers a long list of
standard modules, with a good selection of add-on options available as well.
AdvancePro offers users multiple
deployment options with both onpremise and cloud-hosted options
available. A mobile app is also available
that offers convenient mobile inventory
management capability and can be
used with both iOS and Android smart
phones and tablets.
AdvancePro offers a long list of
core modules, including Inventory
Management, Warehouse Management, Product Management, Customer
Order Management, Pricing/Discount
Management, Customer Relationship
Management, Purchasing Manage-

ment, Accounting and QuickBooks
Integration, Reports/Business Intelligence, and Administration. Available
as an add-on are Manufacturing, AP
Wireless Warehouse, AP Labels,
Lot and Serial Tracking, and Web
Services/E-Commerce modules.
AdvancePro's Inventory Management module offers excellent tracking
and management capability, with users
able to track inventory in multiple
warehouses, viewing inventory levels
by warehouse or by overall total. Users
can easily view inventory information
through the Products tab, where products can be added or edited as well.
Users can easily transfer inventory
between locations, and will be notified when inventory levels drop below
a pre-determined level. AdvancePro
also offers real time stock availability,
so users will always know exactly how
much inventory is available at any
moment.

AdvancePro can track inventory by
lot or serial number, with users able
to easily assign a lot/serial number
to a product when it is added into
inventory. Customers can be assigned
a default warehouse, and a large number of orders can be processed using
the batch process. AdvancePro also
integrates with both UPS and FedEx
to simplify the order/shipping process.
The optional Wireless WarehouseAP Mobile module syncs in real time
with the core product, allowing users
to receive both incoming orders while
also processing customer shipments.
Users can use the mobile app to scan
any product for further details about
that product, and the optional AP
Labels module allows users to create
over 30 types of barcodes using the
included preformatted label templates.
Users can easily add product
images to any product file, and can also
attach documents such as warranty

MAY 2019 ■

4.75

2019
OVERALL
RATING

also assign special pricing to specific
customers, and all pricing levels can
be overridden if desired. Acctivate also
supports a variety of inventory valuation methods which include Average,
Standard, LIFO, FIFO, Landed Cost,
Added Cost, Management Cost, Vendor
Cost, and for retailers that use serial
numbers, Specific Identity.
Acctivate offers more than 70
standard reports and 30 standard
documents, with Acctivate users able
to easily customize any report using
Crystal Reports. All reports and documents can be modified with custom
images and elements, and customer
documents such as purchase and sales
orders can be customized as well.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078179

5

2019
OVERALL
RATING

details, invoices or notes. AdvancePro
supports both kitting and full manufacturing capability including bills of
materials, labor cost tracking, and
build to order. Product assembly is also
supported, with users able to serialize
assembly items when completed.
Three versions of AdvancePro
are available: Essentials, which runs
$85 per user, per month; Professional, which costs $130 per user, per
month; and Enterprise, which can be
purchased for $14,995 per year, and
with unlimited warehouse management, along with unlimited products,
vendors, and customers. In addition,
all add-on modules are included in the
Enterprise edition.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078178

www.CPAPracticeAdvisor.com

9


http://www.acctivate.com http://www.CPAPracticeAdvisor.com/21078179 http://www.advanceprotech.com http://www.CPAPracticeAdvisor.com/21078178 http://www.CPAPracticeAdvisor.com

CPA Practice Advisor

Table of Contents for the Digital Edition of CPA Practice Advisor

From the Editor: The Client is (Always? Usually? Sometimes?) Right
AICPA News
From the Trenches: Do Your Best People Management
2019 Product Reviews: Retail Inventory Systems
Lean Sigma Six Advisor: 4 Strategies for Overcoming Change Fatigue
5 Ways Firms Can Attract Food Store Clients
How to Revive Your Marketing Efforts After Tax Season
Resources for the Food Retailer Accountant
Survey Finds Strong Demand for New Hiring
24 Million Americans Would Rather be Entrepreneurs
The Firm Growth Advisor: 7 Profit-Focused Bells & Whistles to Add to Your Website
Apps We Love: Financial Planning
The Staffing & HR Advisor: 4 Tips to Overcome Hiring Challenges
The ProAdvisor Spotlight: Getting to Know the 2018 Intuit Small Business App Showdown Finalists
The Millennial Advisor: Going All In
The SEO Advisor: Website Link Building Essentials
The 21st Century Accountant: Robotic Process Automation: An Introduction
The Audit Risk Model: Your First Step in Risk Assessment
Technology In Practice: Tax Process Debrief Checklist
The Leadership Advisor: How to Implement a Mindfulness Program in Your Practice
Bridging the Gap: Focus on the Digital Client Experience and the Revenue Will Follow
CPA Practice Advisor - 1
CPA Practice Advisor - 2
CPA Practice Advisor - 3
CPA Practice Advisor - From the Editor: The Client is (Always? Usually? Sometimes?) Right
CPA Practice Advisor - AICPA News
CPA Practice Advisor - From the Trenches: Do Your Best People Management
CPA Practice Advisor - 7
CPA Practice Advisor - 2019 Product Reviews: Retail Inventory Systems
CPA Practice Advisor - 9
CPA Practice Advisor - 10
CPA Practice Advisor - 11
CPA Practice Advisor - 12
CPA Practice Advisor - Lean Sigma Six Advisor: 4 Strategies for Overcoming Change Fatigue
CPA Practice Advisor - Resources for the Food Retailer Accountant
CPA Practice Advisor - 15
CPA Practice Advisor - Survey Finds Strong Demand for New Hiring
CPA Practice Advisor - 24 Million Americans Would Rather be Entrepreneurs
CPA Practice Advisor - The Firm Growth Advisor: 7 Profit-Focused Bells & Whistles to Add to Your Website
CPA Practice Advisor - Apps We Love: Financial Planning
CPA Practice Advisor - The Staffing & HR Advisor: 4 Tips to Overcome Hiring Challenges
CPA Practice Advisor - 21
CPA Practice Advisor - 22
CPA Practice Advisor - The ProAdvisor Spotlight: Getting to Know the 2018 Intuit Small Business App Showdown Finalists
CPA Practice Advisor - The Millennial Advisor: Going All In
CPA Practice Advisor - The SEO Advisor: Website Link Building Essentials
CPA Practice Advisor - The 21st Century Accountant: Robotic Process Automation: An Introduction
CPA Practice Advisor - The Audit Risk Model: Your First Step in Risk Assessment
CPA Practice Advisor - Technology In Practice: Tax Process Debrief Checklist
CPA Practice Advisor - 29
CPA Practice Advisor - The Leadership Advisor: How to Implement a Mindfulness Program in Your Practice
CPA Practice Advisor - Bridging the Gap: Focus on the Digital Client Experience and the Revenue Will Follow
CPA Practice Advisor - 32
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