Profitability | Accounting

TransCore's Logistics Software is more than just a transportation management system (TMS). Logistics Software is designed to meet the overall business needs of freight brokers and 3PLs. The powerful dispatch system includes a comprehensive accounting platform that bills your customers, pays carriers, manages your cash flow, and even pays your utility bills. With a built-in calculator that helps you to analyze the profitability for every load, Logistics Software provides the decision-making tools to manage all aspects of your complex business.

Click tabs to view the different modules:

Accounts Receivable Module

With our fully integrated system, order entry information flows directly into the Accounts Receivable Module, while open invoice and credit limit data is sent to the Operations module. The A/R module eliminates duplicate data entry and helps you identify slow-paying accounts to improve cash flow.

The Accounts Receivable Module allows you to:
  • Generate and print invoices in multiple formats
  • Post to General Ledger
  • Enter cash receipts
  • Adjust or write off billed amounts
  • Manage past-due accounts with callback tracking, follow-up dates, collection notices, write-offs, and third-party collections tracking
  • Print and fax statements for selected divisions, customers, date ranges or aging categories
  • Run account inquiries
  • Generate the following reports:
    • – Orders to be Invoiced
    • – Order Status
    • – Accounts Receivable Agings
    • – Customer Paid Account List
    • – Invoice Register

Carrier Settlement Module

The Carrier Settlements Module simplifies your settlements process by automatically sending information to the accounting modules, eliminating duplicate data entry. Settle trips and handle claims quickly and efficiently knowing that there's a clear paper trail.

The Carrier Settlements Module allows you to:
  • Settle trips with minimal data entry, as you access operational data including dispatch notes, check calls, rate confirmations, advances and claims
  • Easily view documents associated with each load, using our optional document imaging suite
  • Handle claims efficiently by charging the carrier, making one-step adjustments to invoices, and generating claim checks and reports
  • Print year-end 1099s
  • Generate the following reports:
    • – Unsettled Trips
    • – Rate Confirmations
    • – Carrier Payment Reconciliation
    • – Expired Insurance
    • – Carrier Payment Worksheet
    • – Advances

General Ledger Module

The General Ledger Module gives you a real-time view of your financial outlook with robust reporting features, including customizable financial statements. Accounting information flows seamlessly into General Ledger from the other accounting and operations modules to ensure that your ledger stays in balance.

The General Ledger Module allows you to:
  • Maintain and expand your chart of accounts
  • Manually post journal entries to current or prior accounting periods
  • Produce customized financial statements for any accounting period and compare finances to projected earnings or prior year's statements
  • Generate the following reports:
    • – Chart of Accounts
    • – Trial Balance
    • – Balance Sheet
    • – Journal Entry Detail
    • – Income Statement
    • – Account Summary