AR / IC Accounts Receivable & Inventory
Collection management and inventory control with FIFO/Average costing, unlimited warehouses and barcode
Accounts Receivable System
Account Receivable
AR data flows automatically from the sales module.
- Customize: Billing Slip, Receipt, Tax Receipt, Credit/Debit Notes
- Record non-sales income
- Collect full or partial by invoice selection
- Collect by cash, unlimited cheques, credit card, transfer, draft, WHT, discount, FX gain/loss
- AR aging analysis — summary & detail, by department, custom periods
- Billing due-date report for follow-up and collection route planning
- Credit note: offset invoice, hold to collect, or cash refund
- Credit limit review report
- Commission rate and sales target — 24 periods
- Calculate commission by collection date or cheque cleared date
- Print customer name on mailing labels and envelopes
- Recode customer and income codes anytime
- Search by code or company name with Look-up
- Print tax invoice for service businesses at time of collection
Inventory Control
Inventory Control System
2 costing methods: Weighted Average and FIFO — different product groups can use different methods in one inventory.
- Unlimited number of warehouses
- Component Set (kit) sales — auto-deduct components
- Kits support up to 999 components
- Purchase/sales/base units can differ — 4-decimal conversion
- Add landing costs (freight, duty) to product cost
- Check stock balance on any screen (Alt-F4)
- Control who may allow negative stock
- 5-level pricing — print Price List
- Promotional pricing with date range conditions
- Non-trade stock adjustments
- Stocktake control module
- Recode product SKUs anytime
- Serial No. / Part No. tracking file
- Reorder point and maximum stock level per month
- Barcode support
- Supports VAT and VAT-exempt products in same inventory
- Display qty, cost, value, on-order, back-order, bin and dept per warehouse
- Warn when selling/issuing below reorder point
- Stock balance report compliant with Revenue Dept requirements
