Total Retail provides small to medium sized enterprises with the ability to successfully compete with big box retailers. Total Retail grows with you, eliminating costly software reinvestment. With one time data entry, transaction data flows automatically to key operational areas so that all functional areas – Operations, Buyers, Finance, and Stores have timely access to the same reliable, accurate data.
Designed for non-technical staff, Total Retail is easy to use. Consistent and intuitive menu structures plus context-sensitive online help guides operators through their typical tasks more effectively and produces better results for your operations.
Total Retail’s intuitive database makes it easy to drill down and locate specific information. Looking up crucial information on specific products or trends is fast and easy, and information is cross-referenced for more contextual access.
Fully integrated “Generally Accepted Accounting Principles” (GAAP) compliant:
Magstar’s Total Retail software is a complete financial management solution. Here are just a few of the benefits:
General Ledger
- Comprehensive financial reporting including Detail/Summary Trial Balance
- User-definable Financial Statements and General Ledger worksheets, comparative, budget and variance reporting – by company and location
- User-friendly utilities that assist in the auto-creation of fiscal calendars and budgets
- Open Period Accounting that eliminates the need to freeze activity at the end of each period.
Accounts Payable
- Entirely traceable payables process from initial vendor invoice to check
- Tracking of current and aged accounts payable, with on-screen inquiry and comprehensive records for each vendor
- Three-way matching of vendor invoices between the integrated Purchase Order and Accounts Payable subsystems for invoice/receiving
Accounts Receivable
- Easy-to-use and flexible Accounts Receivable (AR) supports both open item and balance forward accounting
- Detailed or summary-aged trial balances, on-screen inquiry and full history for each customer
- Total on account management and statement generation along with a comprehensive receivables collection system
- In-house or 3rd party Loyalty Program integration to ensure your Customer Relationship Management program is updated in real time
