Dynamic Software Development Limited - Receivable & Payable-Product Information

>> Receivable & Payable

Receivable and Payable ledgers handle 2 types of transactions: (1) invoices, returns, debit and credit notes; (2) payments, advance payments and payment adjustments. Reports, advices and statements functions are provided.
Invoice Transactions This feature is for inputting transactions not entered in the Sales Ledger.
Payment Transactions This feature is for inputting Cash Receipt / Payment and Adjustment Transactions.
Bank Charges, Exchange Differences If the rate is different from that of the original invoice, Dynamic automatically calculate the exchange difference.
Payment Discount This function allows users to receivables / payables in receivables / payment, directly enter the discount amount.
General Ledger Linked Transactions Dynamic provides a function to enter expenses and discrepancies or other entries involved in the Payment Interface.
Credit Management A credit limit may be entered per customer/vendor. Warnings and control may be applied in invoice and order transactions. Reports are available to analyse the credit situation.