Bank movements can be transferred instantly with the bank integration software.
Customers, suppliers, banks and cash accounts are defined and tracked in the greatest detail; cheques received, notes receivable, notes payable and cheques issued are tracked with all possible movements per cheque and note portfolio.
Payment and collection methods for customers and suppliers, and acceptable cheque and note maturities, can be set.
Discount limits and payment terms specific to customers and suppliers can be defined, account term difference and ageing reports can be produced in the desired format, and customer risks and credit limits are tracked.
Demand and time deposit accounts at banks, expected interest income and other expenses are tracked; bank loan agreements (revolving, spot or commercial instalment) are defined, the expected principal, interest, tax and other repayments on loans are calculated, and non-cash items are tracked in detail.
In the financing tables, cash, cheque and note, and bank positions as well as purchase and sale transactions are tracked from a single screen.
Letters of guarantee, guarantee cheques and notes received and given are tracked.
All financial movements are tracked by project, branch and income or expense centre with defined special codes.
The maturities and amounts of planned collections and payments, and note, cheque, cash and bank transfer transactions, are tracked with the Cash Flow Statement, and expected payments and possible collections are followed in detail.
