Ledger Interface Module

ScrapWareSV excels at processing purchase and sales transactions that relate weight to price.  We consider these transactions to be “trade transactions”.

ScrapWareSV is not built upon a ledger package that produces financial reports such as Financial Statements or payables or receivables aging.

Ledger packages support “trade” and “non-trade” purchase and sales transactions, as well as payroll. They produce detailed financial statements as well as payables and receivables aging.

There are many popular ledger packages on the market. These include, but are not limited to:  QuickBooks, Great Plains, MAS, Acuity, etc. Our research has shown that you may already be running one of the above packages in your company.

For this reason, there is no need for us to create an embedded ledger package within ScrapWareSV. The marketplace is full of popular products that perform this function quite well.

We created the ScrapWareSV Ledger Interface to take advantage of the above.

The Ledger Interface module allows you to send trade purchase and sales data generated in ScrapWareSV to the most popular ledger packages.

The above data are then processed by the ledger package and automatically sent to the appropriate journal (Disbursements, General Payables, Sales, etc.) and Financial Statements.

Contact us to schedule a Web Demo of ScrapWareSV!

Features

  • ScrapWareSV offers a powerful interface to the most popular ledger packages
  • These include, but are not limited to:  QuickBooks, Great Plains, MAS, Acuity, etc.
  • Seamless integration between the Purchase and Sales modules
  • Purchases interface is comprised of Cash, Checks and Settlements
  • Sales interface is comprised of Invoices
  • Data can be sent to a ledger in summary or detail format
  • Automatic validation to prevent duplicate exports
  • Elimination of double-entry accounting
  • Minimal learning curve – You are more than likely running one of the above ledger packages that are compatible with ScrapWareSV

Benefits

The ScrapWareSV Ledger interface allows First-Time-Final data processing. This means that a Purchase or Sales transaction processed in ScrapWareSV automatically flows to a ledger.  There is no need to enter the transaction once again in a ledger.

The seamless data integration provided by the Ledger Interface eliminates double-entry accounting. It brings trade financial data full-circle to your ledger. This is a huge time-saver that allows you and your staff to focus upon bigger things like data analysis.

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