Creditors

Back Top Previous Next
creditorsribbon

 

Jim2 Creditors manages information relating to specific vendor opening balances, purchases, payments and credits. It is linked to and controlled by account information held within each vendor's cardfile, such as the vendor terms and discounts.

 

Creditors allow maintaining a constant real-time balance on each vendor's account, showing any outstanding purchases, prepayments and credit amounts. This information is accessed using the Creditors list, by hyperlinks on the Purchase form, at the point of finishing the purchase order via the Purchase Order Details screen and, of course, via their cardfile code. Each transaction is easily viewed within the Creditor screen.

 

From Jim2 Creditors and the interaction of other vendor information, accurate and relevant reports (such as the Detailed Aged Analysis report) can be produced.

 

Jim2 Creditors is divided into the following specific information areas that will provide a complete detailed record of:

the creditors list – providing the option to select one creditor or a specific group of creditors

individual vendor record and their summarised creditors position via the creditor form

the outstanding transactions via the creditors allocate payments grid

the vendor's payment history via the Payments tab

communication with the creditor via the Notes tab.

 

Quality

It is important to use appropriate security levels when users are accessing and/or editing information that directly affects the company's financial records.

 

Further information

Central Billing in Creditors

Creditors Allocate Payments Grid

Creditor Form

Creditors List

Creditors Payments Tab

Creditors Documents Tab

Creditors Notes Tab

Creditors Opening Balances

Creditors Reports

Apply a Credit/Prepayment

Cancel a Payment/Cheque

Clear Small Creditor Balances

Create a Creditor Refund

Creditors Adjustments Up and Down

Enter a Credit

Enter a Payment

Enter a Prepayment

Discounts and Account Fee entries

Manage Payment Returned from Bank

Reversal Entries

Reverse Discounts and Account Fees

Send a Remittance Advice

Show Invoices Due

Unallocate a Payment