accounts-payable icon

Complete List of Acumatica Modules: Types and Uses

Barbara Cook
By Barbara Cook
Barbara Cook

Barbara Cook

Barbara is a financial writer for Tipalti and other successful B2B businesses, including SaaS and financial companies. She is a former CFO for fast-growing tech companies with Deloitte audit experience. Barbara has an MBA from The University of Texas and an active CPA license. When she’s not writing, Barbara likes to research public companies and play Pickleball, Texas Hold ‘em poker, bridge, and Mah Jongg.

Follow

Updated October 25, 2024
Accounts Payable
Acumatica
ERP
Asset Image

See how forward-thinking finance teams are future-proofing their organizations through AP automation.

When your mid-sized company or fast-growing small business is evaluating a new ERP system, Acumatica ERP software should be considered a strong contender. Acumatica cloud ERP is a modern, real-time solution, with pricing by utilization for an unlimited number of users. It competes with NetSuite and similar midrange ERP systems. Acumatica is widely adopted, with over 10,000 customers using its ERP and CRM software.

In addition to the cloud Acumatica ERP platform with mobile apps and core capabilities, your company can extend Acumatica’s functionality with a choice of Industry Edition, additional optional Acumatica modules, and add-on SaaS third-party software with Acumatica integration.

The Complete List of Acumatica Modules

Think of the list of Acumatica modules as a hierarchy consisting of industry editions specified for the number of users and complexity by company size, grouped modules included in Industry Editions, and optional individual modules needed to complete the range of functionality your business needs.

These modules integrate seamlessly with Acumatica’s ERP solution platform, which is licensed and deployed either through a SaaS or Private Cloud licensing model. The less popular Private Cloud deployment, which uses your own servers instead, may give your company fewer available choices.

Acumatica Industry Editions are further specified to reflect the size of your company:

Small Business Editions: Small Business Editions include 5 named users and can be upgraded to 10 or 20 named users only for the General Business Industry Edition.

Advanced Editions: Mid-market companies with 10 to 250 employees use Acumatica’s Advanced Editions to gain more robust financial and ERP features.

Enterprise Editions: Larger companies with at least 250 employees can select Enterprise Editions to handle their more complex needs.

Modules in Acumatica Industry Editions

An Acumatica Industry Edition groups modules specifically designed with functionality to handle that industry’s business processes. When your business starts by selecting its applicable Industry Edition, it won’t need to add single Acumatica modules for the pre-established set of modules already included in that industry grouping. 

The Acumatica Industry Editions are:

  • General Business
  • Manufacturing
  • Distribution
  • Retail
  • Construction

In early 2024, at the Acumatica Summit  Keynote, Acumatica announced the future planned release of a new Industry Edition for Professional Services. Applicable Acumatica Industry Editions may include selected Field Service modules and modules from other Acumatica Industry Editions. 

General Business Edition

Acumatica’s General Business Edition includes modules with Acumatica functions for:

  • Financial Management
  • Project Accounting 
  • Payroll Management
  • Multi-Entity & Intercompany Accounting
  • Reporting, Dashboards, and Data Analysis Toolkit
  • Customer Relationship Management (CRM)

Financial Management in Acumatica is included in modules for:

  • General Ledger and Financial Statements, with Budgeting
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Fixed Assets
  • Deferred Revenue 
  • Currency Management
  • Taxes

Acumatica financial statements can be prepared with U.S. GAAP IFRS compliance. Your financial reports monitor income statements for profitability vs. budget, balance sheets for assets, liabilities, and stockholders’ equity, and cash flow reports. Acumatica ERP has multi-entity, multi-currency, and multi-language functionality. You can use Acumatica dashboards to view real-time results and KPIs. 

Manufacturing Edition

Acumatica offers robust manufacturing ERP software in its Manufacturing Edition.

Acumatica’s Manufacturing Edition includes modules with Acumatica functions for:

  • Core Manufacturing
  • Distribution
  • Financial Management
  • Bill of Materials and Routing
  • Production Management
  • Material Requirements Planning (MRP)
  • Advanced Planning and Scheduling
  • Engineering Change Control (ECC)
  • Manufacturing Data Collection (MDC)
  • Product Configurator
  • Manufacturing Estimates

Distribution Edition

Acumatica’s Distribution Edition includes modules with Acumatica functions for:

  • Sales Order Management
  • Purchase Order Management
  • Warehouse Management
  • Inventory Management
  • Order Management
  • Requisition Management

Retail Edition

Acumatica’s Retail Edition is multi-channel retail and eCommerce management software. Acumatica has native integrations with Amazon, BigCommerce, and Shopify that let you connect and unify storefronts with Acumatica’s back-office functionality and customer management. 

Acumatica’s Retail Edition includes modules with Acumatica functions for:

  • Commerce Connectors
  • Inventory Management
  • Sales Order Management
  • Reporting, Dashboards, and Data Analysis
  • Warehouse Management System (WMS)
  • CRM for Customer Relationship Management

Using Inventory Management, you can determine when to purchase items for inventory replenishment and track inventory. 

Construction Edition

With the Construction Edition, you choose modules for your type of construction company. The Acumatica Construction Edition (and other Industry Editions, including Construction modules) requires the Acumatica module for Project Accounting because it’s needed for project management. The Construction Edition can handle change orders, an essential function in construction projects. 

Acumatica’s Construction Edition includes modules with Acumatica functions for:

  • Construction Management
  • General Contractor
  • Home Builder Accounting
  • Subcontractor Accounting
  • Land Developer Accounting 
  • Service Management
  • Equipment Management

The Benefits of Using Modules for Acumatica

Using Acumatica ERP modules provides these benefits:

  • Streamline workflows and unify views of business processes and results with a single database instead of siloed systems for each type of business functionality. 
  • Only enter data once instead of again for each standalone software product. 
  • Establish basic functionality in an ERP system and pay only for the added functionality that your business needs when it needs it. 
  • Gain real-time insights into results and analyze data for better decision-making. 

Expand Acumatica capabilities with Tipalti automation

Tipalti offers AP automation, mass payments, procurement, expenses, and advanced FX solutions for Acumatica that save you money, reduce hiring needs, and improve financial controls.

How to Access Acumatica Modules

Acumatica modules are enabled by an Acumatica Administrator granting role permissions through the Configuration menu for Common Settings. After an Acumatica module is enabled through this process, the highest-level module name will appear in Acumatica’s top menu, giving authorized users access to its features. 

How to Remove Acumatica Modules

You may want to remove Acumatica modules during the renewal period to avoid paying for unnecessary modules. Notify Acumatica that you aren’t renewing a module and remove it after your subscription period ends for that module.

Remove Acumatica modules through the Configuration menu. To remove enabled Acumatica modules, use these menu steps:

>Configuration>Common Settings>Enable/Disable Features>Modify>Uncheck the box by the name of the module to remove it from the list>Enable

To verify that the top-level module has been removed, the module’s name should no longer appear in the Acumatica menu bar on the top of the screen. 

Consider Third-Party Add-Ons for Acumatica ERP

Using Acumatica Cloud ERP alone may not optimize your business needs. Acumatica add-ons from third parties extend Acumatica’s functionality as Acumatica integrations.  

Besides using Acumatica modules and Industry Editions, your business can choose the best Acumatica AP automation integration and other financial automation software add-ons for Acumatica from Tipalti, which is a third-party provider. 

Tipalti’s AP Automation Acumatica Integration

Intuitive, cloud-based Tipalti AP automation and other finance automation software in Tipalti’s unified platform are Acumatica API-integrated

Tipalti AP automation software adds self-service supplier onboarding and supplier validation for your company’s supply chain with W-9 or W-8 form data collection before their first invoice payment, invoice data capture and digitization for supplier invoice processing, much greater efficiency, errors and fraud risk reduction with over 26,000 payment rules, easier supplier tax compliance, and automated global regulatory compliance. 

Tipalti’s automated invoice processing, as a series of end-to-end accounts payable processes, includes:

  • Invoice capture with OCR/AI 
  • Error and duplicate invoice detection
  • 3-way or 2-way matching with purchase order and receiving data 
  • Global regulatory compliance 
  • Approval routing and communications
  • Global payments with a choice of payment method in 196 countries and 120 currencies
  • Real-time payment reconciliation synced with Acumatica for each large payment batch
  • Automated supplier payment status
  • 1099-MISC, 1099-NEC, and 1042-S tax compliance preparation reports
    • Optional automation eFiling through partnered ZenWork Tax1099 software

Tipatli AP automation with Acumatica integration is available as multi-entity software with individual entities and combined views of spend. Tipalti shows cash requirements for scheduled global accounts payables batches, simplifying this aspect of cash management. 

Other Tipalti Finance Automation Software with Acumatica Integration

Combining with Tipalti’s AP automation software, your business can optionally purchase other Tipalti finance automation software products for advanced FX functionality and employee expense claims submission and reimbursements. The Tipalti FX products for accounts payable and global payments are Multi-FX and FX Hedging. Tipalti Expenses works with Acumatica for automated expense management

Tipalti also offers finance automation products with Acumatica integrations for Procurement and Mass Payments. Tipalti Mass Payments automation is for making global payouts to creatives, affiliates, publishers, freelancers, and other independent contractors.

Tipalti Mass Payments integrates with some performance marketing systems that calculate payment amounts due for payment. Tipalti Procurement automation offers easy purchase requisition intake and approval and the creation of automated purchase orders with document management. 

Tipalti also offers an employee-issued corporate spending card with spending rewards, the Tipalti Card, to approved businesses. 

Conclusion

When performing a software evaluation, understand your company’s available choices for Acumatica modules and third-party add-on software integrations, including Tipalti AP automation for Acumatica. For a complete list of Acumatica modules and other relevant information, review the latest version of this Acumatica licensing guide. Include third-party add-on Acumatica integrations as part of your new software project budgeting.

Tipalti AP automation with Acumatica integration gives your company the opportunity to reduce the time required for accounts payable invoice processing by 80% and accelerate the monthly financial close by 25%, saving money. You’ll be able to reduce new hires and take lucrative early payment discounts (in the supplier’s invoice payment terms) on time. Your organization’s financial controls will be stronger.  With less time needed for manual payables processing and reconciliations, your finance team can shift its focus to more strategic projects to improve business results. 
With Tipalti AP automation, your organization gets real-time spend visibility with Tipalti AIâ„ -driven analytics to better control costs. Request a demo of Tipalti’s finance automation software as an add-on integration to Acumatica.

Recommendations

You may also like