Today’s sales ledger needs to be a fully functional credit control system – accurate book keeping, efficient cash posting and real time aged debt enquiries.
With Sales Ledger you can manage all customers across the varying invoice terms often determined by business size or business sector:
Your ability to keep tabs on debt and to allow your credit controller's to monitor it from an early stage is vital.
You can easily define a 'Credit Control Cycle' - the sequence of stages that a customer debt will pass through. As each stage is reached, an action will appear on the credit controller’s work list. Actions don't have to wait until the debt is overdue. For example, you can start credit control 15 days before the due date - the credit controller can check it has been received and has gone to the right person for authorisation.
For some accounts you may prefer straightforward arrears letters to free up your credit controllers for the key accounts. You can define these using standard word processing functions and simply let the system merge in the data automatically.
For multi-currency environments, the system will automatically calculate gains and losses as invoices are paid. Month end processing will automatically revalue your debtors using the closing exchange rates.
Please call Andy Hudders or Jef Cawdell on +44 (0) 1480 309550 for more information