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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Interfacing Requirements Features and Functions



  • Receive invoices and debit or credit memo transactions from the Intuit Real Estate System, Student Receivable and Financial Aid invoicing systems

  • Interfaces with the student system in order to automate the billing of student fees and pulls student information for billing purposes including "hold" information

  • Automatically prepare general ledger journal entries by user specified general ledger accounts for cash receipts

  • Automatically prepare general ledger journal entries by all discounts and deductions recognized through the cash receipts process

  • Automatically prepare general ledger journal entries by allowance for un-collectible accounts

  • Automatically prepare general ledger journal entries by write-offs

  • Automatically prepare general ledger journal entries by inter-company/inter-fund accounts receivable and sales

  • Automatically prepare general ledger journal entries by customer deposits

  • Produce detailed general ledger journals, one for every accounts receivable transaction

  • Create a single journal that summarizes activity by invoices

  • Create a single journal that summarizes activity by cash receipts--auto cash transaction type

  • Create a single journal that summarizes activity by adjustments

  • Create a single journal that summarizes activity by sales tax rates

  • Create a single journal that summarizes activity by specific invoice line items

Accounts Receivable Features and Functions
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