| Accounts
Receivable (AR) is meant to maintain
dues from customers through invoices and debit notes, customer
payments and adjustments through receipt vouchers and credit
notes, and matching between both. Thus, AR is able to provide
us with analytical, comparative and ageing reports.
AR
is built to efficiently control data, while preserving flexibility
and functioning in a user-friendly manner. It interacts with
the GL module, same as all MIS modules, using a standard homogeneous
interface. And since produced by MIS, AR
also inherits the flexibility and control provided by SEC,
module supporting all MIS software application systems.
Major
Features:
- User-defined
and system-defined codes.
- Multiple companies,
each having multiple branches.
- Flexible parameter
driven set-up of the system depending on the company business
requirements and rules.
- Multiple currencies.
- On-line inquiries
and reports.
- Multiple open
calendars year where each calendar year has multiple periods.
- Automatic voucher
numbering as defined by the user.
- Accept manually
entered voucher numbers.
- Enforce control
on customer credit limit.
- Support multiple
accounts by party.
- Distribution
of party accounts balances by cost center and/or activity,
providing the basis for cost / activity analysis.
- Support payment
terms by customer.
- Support all
types of settlements.
- Support flexible
ageing analysis.
- Provide the
utility to design layout for invoices.
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