Retail STAR® Demo

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Retail STAR® Accounting

Key Advantages of Integrated Accounting
  1. Decrease labor costs involved in maintaining company books
  2. Accurate posting and balancing of sales data
  3. Detailed GL activity by both store and department level versus summary only posting
  4. Matching of AP invoicing to store level receiving, ensure proper pricing from Vendor
  5. Maintain one set of Vendor and Customer records; this will prevent synchronizing issues non-integrated products have. (i.e. What if someone changes something like an address in both products.)
  6. One company solution versus needing support from multiple 3rd parties, often training and support come from two totally separate entities.
  7. New versions are seamlessly integrated and tested together where as often-3rd party accounting exports have to be reengineered upon each new release from both sides.
  8. GL and AP components don't interfere with other modules in the 3rd party applications. Most accounting applications already have inventory and invoicing components and this often times complicates the passing of data back and forth. STAR accounting only contains the necessary modules needed with our full POS and Inventory suite.

CAM's powerful Accounting and Sales Order Processing package is fully integrated into one seamless system with the Retail STAR® software. The modules share the same database and user interface. The Accounting package features Accounts Receivable, Accounts Payable, General Ledger, Bank Reconciliation, and Sales Order Processing. This adds up to a simple, affordable, elegant and robust system for traditional and Web retailing that includes accounting (and often sales order processing) for retail mail order, wholesale, and e-commerce sales.

Every business needs accounting, and strong internal accounting controls are the core of all successful businesses. A fully integrated accounting solution is crucial to the successful implementation of any retail management system. The word integrated is often thrown around very loosely by companies offering retail management systems. What these companies often mean when they say they have an integrated accounting solution is that their software links to a third-party accounting software package and passes basic general ledger totals to that third party software.

In the real world, however, this level of integration is rarely acceptable or useful to anyone who understands accounting. Even if a software package passes vendor or customer record information, or even invoice totals for accounts payable from receiving, there is much more to consider when it comes to being fully integrated and functional from an accounting standpoint. When your dealing with two separate packages, there are several potential problems:

  • The software packages have totally different user interfaces and separate databases (often with duplicate information in each). The packages are incapable of sharing all information between each other.
  • As a result, the accounting system needs to be manually updated from the retail management system. Manual updates are time consuming and introduce a far greater possibility of errors.
  • This manual "Integration" opens up the possibility of human error.
  • There are two systems to maintain, two systems to learn and two to service.
  • Software updates to either system can "break" the accounting "link".
The fact is, most retailers who purchase what they believe to be "integrated" accounting systems never end up using them that way. The accounting controls they were hoping for are not there. Thats why we took a completely different approach with Retail STAR. We developed fantastic Windows-based accounting software that is an integral part of the Retail STAR® system.

With Retail STAR® and the STAR Accounting series, you are dealing with one retail management system where accounting is a seamless part of the entire system.
  • The Accounting is fully integrated at the database level and ties to all areas of the system. For example, you only need to enter a customer record one, and that customer's data is available throughout the system. Likewise, the vendor record is shared by purchasing and Accounts Payable, and receiving information is passed directly to Accounts Payable.
  • Detailed general ledger information is accumulated by the STAR Accounting series rather than just basic summary totals.
  • You'll never run into a situation where data from one system can't be entered into another or the data fields are different sizes. The data all matches, because there is only one database.
  • The user interface between the Accounting system and the Retail Management system is the same, because there is only one system.
  • There is is only one company to support both applications fully, including program enhancements and software maintenance.

      All of the parts of Retail STAR® - including Accounting - are designed to work together and are tested together. With third-party accounting packages and "links", you always run the risk of something breaking, since the software developers are not working together closely (if at all). And you will almost never get complete data compatibility between the two systems since they were designed and are maintained independent of each other.

      Sample General Ledger - Chart of Accounts Screen

      A fully integrated program is only a total win if that accounting software is as good as or better than the the third-party packages being offered in the same general price range for the same general market. The Retail STAR® Accounting Series has five years and over 30 man-years invested in it's development. It is a modern, feature-rich system that offers capabilities only found in some much more expensive accounting software packages. In addition, the accounting software is incredibly easy to use, as we have taken advantage of up-to-the-minute user interface design. We have also taken extra steps to make the software something that any retailer could use, while still offering the serious accountant the power he or she needs to gather required information from the system. Much of this capability is based on the level of integration between the accounting software and the rest of the system. Retail STAR® offers the best of both worlds in that we have, arguably, the best accounting solution for the small retailer along with the highest possible level of integration.

      Sample Invoice Screen

      Sample Invoice Screen

      Sample Bank Reconciliation Screen

      Sample Bank Reconciliation Screen

      Sales Reports

      Quotation Summary
      Quotation Detail
      Sales Order Summary
      Sales Order Detail
      Invoice Summary
      Invoice Detail
      Credit Memo Summary
      Open order By Items

      A/R Reports

      Customer Balance Summary
      Customer Aging Summary
      Customer Aging Detail
      Customer Statement (Open Item)
      Customer Statement (Balance Forward)
      Company/Purchaser Statement
      Payment Apply Detail By Customer
      Unapplied Payments
      Accounts Receivable Detail
      Accounts Receivable Summary

      A/P Reports

      Vendors Aging Summary
      Vendors Aging Detail
      Unpaid Bill By Vendor
      Payment Apply Detail By Vendor
      Accounts Payable Detail
      Accounts Payable Summary

      Bank

      Bank Reconciliation
      Deposit List
      Withdrawal List
      General Ledger

      Chart of Accounts
      Daily Journal
      General Ledger
      Trial Balance

      General Ledger

      Balance Sheet
      Balance Sheet - Yearly Comparison
      Income Statement
      Income Statement - YTD
      Income Statement - Yearly Comparison
      Income Statement - Actual & Budget Comparison
      Income Analysis
      Income Analysis - YTD
      Income Analysis - Yearly Comparison
      Expense Analysis
      Expense Analysis - YTD
      Expense Analysis - Yearly Comparison
      Expense Analysis - Actual & Budget Comparison

      Forms

      Pick Ticket
      Quotation
      Sales Order
      Invoice
      Packing List
      Credit Memo
      Journal List

       

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