There a few areas of customization we see customers request that Accounting Seed will not be building into the application. These areas tend to be something that each customer does differently so they make ideal customization candidates. Here are five of the most common:
- Expense Allocations: For example spreading expenses of a shared resource across multiple business units.
- Sales Commissions: This is unique to each customer’s sales compensation plan, the Opportunity, Billing, and Cash Receipt data is all available to be used for this calculation.
- Revenue Recognition: This is again unique to each customer’s business model. Percent complete of the sale or job, as well as amount invoiced to date are both components of this solution.
- Inter-company Transactions: When a company has subsidiaries or multiple related entities, it is almost always necessary to make adjusting entries to avoid counting transactions in both sets of books. These are generically known as inter-company transactions and are unique to the companies operating practices.