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.
Debtor Module Features
Ability to calculate and generate invoices for interest charges on overdue accounts.
Dollar or Time credit limit can be applied, to individual debtors.
System allows for Open item and Balance forward Debtors.
Default screens set up by the operator.
Exception reporting for management reports.
Process automatic invoicing and select on debtor groups.
Credit Profile.
Each customer may be set up as a weekly, fortnightly, four weekly or monthly debtor. The system will accept any combination of these debtor types.
Set up text invoices and standard invoices for regular processing by debtor groups.
Screen inquiry of Debtor accounts, by transactions, type, e.g. invoices, orders, etc.
Runs under both Single and Multi-user operating systems.
Consolidate debtors into parent account for statements.
System allows invoice discounts.
Settlement discounts are automatically calculated if applicable.
System allows operator to view Current, Old, Future or All transactions.
Invoice text facility by line or block.
Invoices may be posted to future periods.
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 i.e. view previous sell prices for this debtor and stock code combination at the time of invoice entry.
Debtors Report Include
Sales by sales codes, summary and detailed.
Statements by Debtor type.
Sales Commission Report.
Summary trial balance by Debtor type.
Detailed trial balance by Debtor type.
Name and address listing and labels.
Debtor account ledger.
Unpaid Invoice Report.
Sales analysis by Debtor, summary and detailed.
Transaction/Tax listing, current and day book.
Exception reporting.
How The Debtors Module Helps
Helps plan future direction by analyzing sales by customer type and sales code.
Allows you to keep effective credit control, by warning if a customer is over their credit terms/limit.
Allows you to enter and view current and future period invoices.
Quick and efficient on-screen inquiry, allowing you to provide excellent customer service.
Provides immediate generation of invoices, thereby ensuring as early as possible debt collection.
Provides summary and detailed trial balances, so you can monitor the amount of your customer debt.
Allows you to generate standard invoicing for groups of customers, thereby reducing the amount of time required to produce them.
Calculates sales commission.
Integrated Solution
Sales Orders
Cash book
General Ledger
Fixed Assets
The debtors module has integration links to the following Arrow Financial Modules:
Foreign Currency
Front Counter
Job Costing
Stock
Bill of Materials