OSAS
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OSAS Global Inquiry minimizes interruptions
Are you aware of the various options to getting information you need from your Open Systems (OSAS) data? Oftentimes, folks tend to settle down to using what they initially learned, and don't venture to learn how else their software can help them. One good example of this is the invaluable Global Inquiry, a great reporting gem within Open Systems. The Global Inquiry features give you a simple way to quickly drill down and through your accounting data. You can begin from any of several starting points and easily navigate from file to file across multiple applications. Global Inquiries are especially helpful when you're ...
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Month to month financial statements
How would you like to see financial statements for each month displayed across the page month by month? Looking at your financial statements with your first period in the first column, second period in the second column, etc., can enlighten you on ‘trends’, etc. Using the flexible Statement Layouts feature found in General Ledger you can create a layout that will display your months across the page. Here's a sample layout to start you off: - Column ...
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Importing General Ledger Transactions from Excel into OSAS
Do you accumulate a lot of General Ledger transactions each month that need to be manually entered into OSAS? Save yourself time by using the Transaction Import functions to import General Ledger transaction data from other sources directly into the General Ledger Journal file. Here's how: In Open Systems "OSAS", select the Import Definitions function found in Resource Manager, System File Utilities to create a format for importing transactions from a file created by another system into the General Ledger. Select Import General Ledger transactions. Define the type of file to import; Comma Delimited, Quote Comma Delimited, Field Fixed Width, and Record Fixed Width. Define ...
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Editing General Ledger transactions
When entry errors were made in your TRAVERSE and OSAS software but not discovered until they are found in the General Ledger, the temptation is to make adjusting entries in the General Ledger. These errors could be as simple as having assigned the wrong General Ledger period, wrong General Ledger Accounts, etc. While making the adjustment in the General Ledger would serve the purpose, be aware that these changes will not change any of the histories or open invoices in those applications. Therefore, when you run history reports, open invoice reports, and aged trial balances, these reports will still reflect the ...
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FUTA Credit Reduction in payroll
A state is classified as a "Credit Reduction" state if it has taken loans from the federal government to meet its state unemployment benefits liabilities and has not repaid the loans within the allowable time frame. For those states, both OSAS and TRAVERSE will calculate this ’extra’ amount for you. Even though the extra amount is calculated on your quarterly reports, you are not required to pay the amount immediately. Should your state make payments to the federal government before the year end this amount may not even be owed and you could have a possible over-payment, which you ...
