Accounts Receivable
It has been said that a sales transaction is not complete until full payment has been received. Winning orders against competition is exciting, meeting delivery schedules can be a challenge, but then the orderly collection of money owed needs to be made.
The DesCom Accounts Receivable system is one of the most important areas of cash flow management. This system provides access to all of the relevent customer information to control credit, reconcile accounts, and collect "overdues". Such information as: Credit Limits (value & days), Special Terms (per invoice if required), Customer Sales History, Profitability, Payment History, and more, is available by simple menu selection.
Daily receipting updates all files immediately with provision to apply receipts to particular transactions or a whole month balance, produces bank deposit listings automatically, and provides complete audit trails and reports.
Being on-line and real time, this system is also integrated with:
- SALES ORDER PROCESSING - so that exceeding of credit limit alerts Sales Department before completion of entry. If Sales Department overrides the alert, the DesCom system automatically alerts the Credit Department, and will not allow processing of picking slips or the printing of invoices without Credit Department authority.
- GENERAL LEDGER - to automatically and immediately update the General Ledger without duplication and without the need for further reconcilliation.