Accredited Sage ERP 300, Sage 200 and Sage CRM Resellers

Reduce the stress of posting entries between accounts in AR or AP or between

accounts in AR and AP. Capture single transactions in the financial utilities suite to be

posted separately in AP and AR.

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Transaction types:

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​Contra Entries: Offset entries between a customer and vendor account

Move Entries: Move transactions from one account to another

Reverse Transactions: Reverse all, or part of a single transaction or multiple transactions

Vendor Refund: Process vendor refunds

Due Date Update: Amend the due date after an invoice has been posted in AR

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Benefits:

​» Single point of entry for AR and AP transactions.

» Automated posting ensures contra accounts always balance

» Vendor refund process is significantly simpler than standard functionality

» Easily offset amounts owed from a customer in accounts receivable against amounts owed to them in accounts payable

» No need to key in new credit or debit notes to reverse incorrect postings or to make corrections to open documents

» Reverse a single transaction or multiple transactions at once

» Reverse the complete transaction or parts of the transaction

» Automatically uses the same GL coding on the original document

» GL coding on reversals can easily be modified from the original account used if required

» Automatically write off remaining amounts if required.

» Multicurrency support allows you to see the original rate of exchange and change the adjustment/reversal rate

» Contra one to many or many to one transactions between AP and AR

» No need to reverse and repost transactions if the original entry was posted to an incorrect account

» Move transactions between customer or vendors, or between customer and vendors

» Full audit trail is maintained,

» Batch listing reports for all transaction types.

» Options allow for unique numbering for different transactions.

» Option to post automatically in AP and AR.

» Developed using SDK.

» Help screens.

» Looks and feels like a Sage ERP 300 module.

» Activated in admin services and is part of security matrix

» Available for Sage ERP 300 V6.0 and upward.

» If customer terms change the due dates on posted invoices can be updated to reflect new terms.

» Audit trail of due date changes.

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