Cheque and note portfolios for cheques and notes received are tracked in detail; bank movements and related documents can be queried in detail with bank account monitoring; withdrawals and deposits, transfers sent and received, internal transfers and debit and credit slips are prepared; and demand and time deposit accounts, expected interest income and other expenses are tracked.
Bank loan agreements (revolving, spot or commercial instalment) are defined in the system; cash loans from banks and the expected principal, interest, tax and other repayments are calculated, and non-cash loans are tracked; account term interest and ageing reports can be produced in detail, and customer risks and credit limits are tracked.
Collections on invoices issued to customers are received by cash, bank transfer or cheque and note according to the agreed payment method.
Data for bulk transfers, EFT and cheque clearing is transferred to banks.
Cheques and notes issued are tracked, cheque and note reports are available by date, and letters of guarantee received and given are tracked.
Payments on supplier invoices are made by cash, bank transfer or cheque and note according to the agreed terms.
All financial movements can be tracked by project, branch and income or expense centre.
With the General Transfer feature, cash, bank, current account and accounting transfers can be entered on a single document.
Bank movements can be transferred instantly with the bank integration software.
