Maintaining multiple currency debtors - Reports can be generated in foreign currency and rupee values.
Create and maintain an unlimited number of debtors
Create & maintain unlimited debtor categories / groups (regional name wise, item category name wise etc).
Tracking credit limits & credit periods for each debtor - If the customer exceeds the credit limit or credit period, the system prevents further invoicing by alerting the user.
Creates Debtors and commercial information such as: contact details (Debtor's company name, address, contact person, Telephone No, Fax No., VAT Registration No and e-mail address, bank account details etc).
Facility to maintain debtor’s bank guarantee information.
Creates Debtors along with the opening balance break downs - User can maintain invoice break downs of the opening balance along with all relevant information.
System displays all outstanding invoices when receipts are received.
When trying to set off credits, all outstanding debit notes & invoices are shown with the balance outstanding amounts.
Receipt Allocation - (FIFO or Manual) - Receipts can be set off against invoices or debit notes using either of two methods. The user can decide which invoice to settle from the outstanding list, or if automatic set-off is selected the receipt amount is deducted from the oldest invoice first.
Maintain transactions with Auto or Manual Serial Numbering Systems - The User can decide whether they need auto serial number or manual serial number to maintain the invoicing system.
Settlement Discounts - When invoices are settled within a stipulated period, a special discount can be given.
Write off small amounts - A process for writing off small amount due from debtors.
Integration with General Ledger System - Debtor Control a/c, Sales a/c's & Tax a/c's are posted to the general ledger for user defined double entries.
On screen outstanding display.
Maintain debtors outstanding - Each customer's online balance is maintained.
Maintaining debtors’ age wise analysis with user definable age groups.
Customer categorization based on fast repayment
Auto payment reminder generation
Balance Confirmation notice generation
Maintain customer wise discount structure.
Supports unidentified receipts processing
Maintaining Active and Inactive Debtors
Accepting Part Settlement for Invoices & Debit Notes.
Multiple settlements against one Invoice or Debit note.
