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Synergix E1 Enterprise Resource Planning (ERP) System Updates | June 2016
Year 2016
June 2016

Synergix E1 Enterprise Resource Planning (ERP) System Updates | June 2016

14 Jun 2016

Project Costing ERP System: Subcontractor Claim Other Retention & New Approval Method

Your subcontractor may choose to engage some of your services for the scope of work you have awarded to them and you may wish to have a separate retention agreement. To cater this, we have added the “Other Retention” field in the subcontractor claim screen where you can indicate the agreed retention amount that is independent of your project retention. In addition to the various approval methods supported by our ERP system, Synergix E1 Enterprise Resource Planning now also allows approval of subcontractor claims by their Total before Tax Amount. With these 2 features in place, you can further track your subcontractor claims and ensure that your project is well-managed at every stage.

 

Project Costing ERP Software: Project Order Downpayment

Synergix E1 ERP downpayment feature in the Project Order screen not only allows you to indicate the down payment amount or percentage required for each individual project, it is also linked to the AR module. Once the Project Order has been submitted and approved, Synergix E1 ERP System will automatically generate a downpayment draft invoice for the finance team to double check before making payment to your customer. Now, you need not worry about forgetting to recover your down payment from each progressive claim as the ERP system will remind you to do so.

 

Payroll ERP System: OT Hourly Rate Rounding

Very often, your employee might clock in/out a few minutes before/after the designated working hours, and companies do not practice paying to the exact minutes. To make payroll calculations easier, Synergix E1 ERP features the OT Hourly Rate Rounding function. You can preset rounding blocks whereby any clock in/out before and after that time will be rounded to X minutes. Our ERP caters for “Round Up Time In/Round Down Time Out” or “Round Down Time In/Round Down Time Out”.  An example would be clocking at 9.14am to 6.10pm can be either set to round to 9am to 6pm or 9.15am to 6pm, assuming you have indicated to round by 15-minute blocks.

 

Payroll ERP System: Auto-Select Employer CPF Submission Number

As Synergix E1 ERP Payroll module is registered with IRAS and conforms to MOM regulations, it is now enhanced with the Automatic-Select Employer CPF Submission Number. If your company only has one CPF submission number, Synergix E1 ERP will automatically retrieve this number and load it into the worker’s employment information during set up. Now during each pay run, you can simply extract your CPF file that complies with the CPF format, for e-submission.

 

Trading & Distribution ERP System: Aborting of Logistics Incoming Billing Purchase

Synergix E1’s Logistics Billing module gives users the flexibility to combine multiple shipments which have the same supplier, currency, segment and payment information into 1 invoice. We have added the “Abort” feature which enables users to rectify their logistics billing process by aborting combined shipments into its separate individual shipment vouchers if they were combined incorrectly, or to re-combine any shipment vouchers that were overlooked.

 

Reports

  1. Incoming Inventory Report with content and cost
  2. Project Costing Report with comparison of Contract, Budget and Actual Cost
  3. Payroll Reports now include a filter to exclude employees who have resigned
  4. Bank Reconciliation Discrepancy and History Reports
  5. Project Actual WIP, WIP Recognized & WIP Not Recognized now displays gross profit margin percentage