Accounts Receivable
Feature and functional capabilities are highly customisable according to the customer operations. DISTRiX allows maximum flexibility beyond the scope of this document.
The ledger is may be used with any number of currencies (inc. Euro Triangulation) allowing inventories and sales to valued locally within the local currency and as a consolidated figure at head office within the home currency.
All accounts receivable entries are made real time within the single database. For example credit changes / holds, returns and invoices with the capacity to override credit holds according to supervisor authority. Full auditability including time stamping of the accounts receivable.
Interfaces available to EDI.
Prompt invoices, efficient payment collection and accurate credit control are the key to maximizing your positive cash flow.
Invoice Calculation
* pricing/discount
* settlement terms
* exchange rates
* Intrastat
* flexible due date
* rental periods
Invoice Formats
* standard
* client specific
* consolidated invoice
* edi
* DDR advice
Reminders
* statement
* dunning letter
* sensitivity levels
* copy invoice
Payment Collection
* DDR direct debit
* bank details
* payment extract
* collection date
