The object of the module is to record incoming payments for Chastie FM issued invoices, matching them to issued documents, to monitor the receivables until they are fully settled, preparing, generating and sending reminders to non-payers.
The module also includes a detailed record of received invoices, approval processes of these documents up to the link to the ERP / accounting system.
In particular the module allows to:
- Record incoming payments– manually, by importing from accounting system or electronic bank statements.
- Match payments to issued documents or partner (automatically, semi-automatically, manually).
- Receivables monitoring – monitors issued documents payments, calculates overdue period, penalties and handles the generation of reminders according to user-definable “workflow”.
- Analysis of receivables from different perspectives.