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ACUMATICA 2.2 RELEASED

Acumatica logoAcumatica has released version 2.2 of its cloud-based application, which the company says incorporates changes and updates to the financial, distribution, and customer management modules. Changes also involved expanding the products reach in the wholesale distribution, manufacturing, retail, and service industry verticals.

A new fixed asset module can create assets from AP purchases. Also provided are location tracking and audit trails, fixed asset classes for rapid grouping and data entry, hierarchical asset association, comprehensive collection of depreciation methods and user-defined depreciation schedules, averaging convention depreciation, multiple depreciation books, asset manipulation tools for disposing - splitting - transferring - and making mass changes to fixed assets, and import/export tools.

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