India’s Growing Defence Industry & Emerging Capabilities
India is fast emerging as a global defence superpower, and going through a transformative change in recent years. From being a defence importer to an
Ishant Raina
What are Overhead Costs? Definition & Meaning
A business has to spend money to make money, that’s how it works. In the business landscape, there is a term called overhead costs. It
What is a Periodic Inventory System and How Does It Work?
Inventory is an integral part of the business where all the goods and raw materials are stored to sell later to the consumers. A periodic
What is Operating Profit Ratio?
Every day businesses deal with numbers and ratios to measure performance in terms of finances, operations and efficiencies. One such measure to measure all these
How to restrict Entry Transaction in Sage X3
On transaction screens we can create various transaction types and restrict a particular transaction type to be used in some particular scenario only. Suppose we
How to Setup Round-off Invoice Element in Sage X3
Configuration for Round – Off You may have come across a situation where you would give round-off decimal value in sales invoice screen and it
What is FEFO Method? Definition and Example
FEFO Definition: FEFO stands for First-Expired, First-Out, a method for managing inventory where the items close to the expiry date are given a priority and
Configuration of Invoicing Elements for Sales in Sage X3
THIS DOCUMENTS REFER’S THE CONFIGURATION OF INVOICING ELEMENTS (FREIGHT CHARGES, TCS) IN THE SALES PROCESS WITH THE PRODUCT TAX LEVEL. BP TAX RULE TAX LEVEL
Automatic Selection of Taxes based on Sales Site and Customer Delivery Location in Sage X3
In Sage X3, user can enter a tax manually for any Sales transactions. But automatically selection of taxes while creating Sales transactions on the basis
Cannot access database (error=49153) in Sage 300
Experiencing a “Cannot connect to database” error in Sage 300 can be frustrating and disruptive to your workflow. However, there are effective troubleshooting steps and