Debtors ledger

The MDS Debtors Ledger integrates with all other Micronet modules to provide on-line customer pricing and debtor control.

MDS ensures stricter debtor control, by providing on-line information on orders, availability, demand, history, overall company performance and individual customer status, as well as highlighting slow payers and outstanding accounts. You can also produce aged trial balance reports at any time to your screen or printer.

With facilities to rapidly process customer inquiries and orders, storing and processing repetitive orders, for individual orders for individual customers is a simple procedure.

Each debtor can be assigned their own individual trading terms (from invoice date or end of month), and can be either balance forward or open item. Prompt payment settlement discounts can also be assigned.

A debtor can be assigned to a default sales person and sales territory, have multiple delivery addresses, or can be “linked” to another account for Central Billing and statement production purposes. A debtor may also be assigned to any of the selling prices with the option for specific discounts per product or category.

Special “Item Contract” pricing can be established for specific sales periods; with sales tax details stored for each debtor, and then identified as wholesales or retail for the appropriate sales tax handling.

Specific invoice/statement layouts can be created for each customer, with credit limits established for each debtor. Accounts over credit limit or with outstanding debts can be flagged “on hold” with text assigned to inform why the account is on hold. Orders in this category can be held in a “suspense” account.

Debtors can be flagged for “no back orders”, and you can display or print debtor account inquired detailing all transactions with aged balances.

Full debtor history is maintained for every transaction showing invoice number, date, costs, selling prices, GP% and GP$ while standing charges can be maintained for specific debtors such as lease, charges, rent, storage etc. Invoices can be reprinted at any time.

A wide variety of reports including an aged trial balance, sales analysis, sales history, debtor master list, and monthly and daily sales registers are easily accessible.