Accounts Receivable

The Debtors module has been designed to provide the operator with numerous time saving features, together with the ease of use which is a feature found throughout the ARROW accounting system.

Debtors Module Features Include:-

• Credit Profile
• Each customer may be set up as a weekly, fortnightly or monthly debtor. The system will accept any combination of these debtor types.
• Runs under both Two-User and Multi-User operating systems.
• Setup text invoices and standard invoices for regular processing by debtor groups.
• Process automatic invoicing and select on debtor groups.
• Exception reporting for management reports.
• Consolidate debtors into parent account for statements.
• Default screens are allowed to be setup by the operator.
• System allows invoice discounts.
• Settlement discounts are automatically calculated if applicable.
• Screen inquiry of Debtor accounts, by transactions, type, eg. invoices, orders etc.
• System allows operator to view Current, Old, Future or All transactions.
• Invoice text facility by line or block.
• System allows for Open item or Balance forward debtors.
• Invoices may be posted to future periods.
• Dollar or Time credit limit can be applied, to individual debtors.
• Ability to create new Debtor at time of entering invoice.
• The System will warn you when a debtor has exceeded their credit limit and display the dollar amount/age period they have exceeded it by.
• Ability to view historical purchase details that is view previous sell prices for this debtor and stock code combination at the time of invoice entry.
• Ability to calculate and generate invoices for interest charges on overdue accounts.

Debtors Reports Include:-

• Summary trial balance by Debtor type.
• Detailed trial balance by Debtor type.
• Statements by Debtor type.
• Debtor account ledger.
• Transaction/Tax listing, current and day book.
• Sales analysis by Debtor, summary and detailed.
• Sales by sales codes, summary and detailed.
• Exception reporting.
• Name and address listing and labels.
• Sales Commission Report.
• Unpaid Invoice Report.

How The Debtors Module Helps:-

• Provides immediate generation of invoices, thereby ensuring as early as possible debt collection.
• Allows you to keep effective credit control, by warning if a customer is over their credit terms/limit.
• Provides summary and detailed trial balances, so you can monitor the amount of your customers debt.
• Quick and efficient on-screen inquiry, allowing you to provide excellent customer service.
• Helps plan future direction by analysing sales by customer type and sales code.
• Allows you to generate standard invoicing for groups of customers, thereby reducing the amount of time required to produce them.
• Allows you to enter and view current and future period invoices.
• Calculates sales commissions.

 

Crystal