Interface your Accounting Software

Interface your Accounting Software
(Including the New Session Control)

Did you know that your Capital Software products can pass transactions into your Accounting Software. In some organizations, this interface can save a lot of time by eliminating journal entries.

The two most common Accounting Interfaces are for Sage MIP Fund Accounting and Quickbooks. Many other interfaces have also been performed for products like Microsoft Dynamics and regional accounting products.

Things needed for a good interface:
1. General Ledger numbers setup on all tran codes.
2. General Ledger numbers setup for credits, refunds and writeoffs.
3. Daily balancing of your transactions.
In your 2010 release everyone will have access to the new Session Balancing program from Capital. All transactions are now grouped in sessions so it is easy to balance payments (even across multiple days).
After running the balancing report, you simly push a button to mark that session as Balanced.  This and other sessions are then ready to be exported to your accounting software.

Here are some items to consider when getting started.
1. Do you have your gl numbers on your trancodes.
2. Do you know the steps to import a batch into your accounting software.  It is standardized on most accounting products.
3. Be careful for QuickBooks, it does not easily handle some transactions like a credit.

Contact support if you have an interest in interfacing your accounting software with your Capital products.