| Accounting >
Accounts Receivable |
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Accounts Receivables is one of the fundamental components of Diaspark Jewel. Accounts Receivable is easy to use and flexible making it suitable to your organization's ever-changing business needs.
The Accounts Receivable module manages accounting data of all debtors. Entries posted here find their way to the General Ledger module where the corresponding general ledger accounts get updated. The functions available in this section include menus for documenting various transactions and easy to comprehend reports. |
| Customer Invoice |
| One Sales Invoice may be divided into several Customer Invoices depending on the payment terms e.g. If the sales invoice payment terms are such that first payment to be done within 30 days with 60% amount, next payment to be done within 60 days with 30% of invoice amount and last payment to be done within 90 days with remaining amount of the sales invoice then user will see 3 customer invoice for the same sales invoice having due dates and invoice amount according to the terms. |
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| Customer Receipt |
| When you receive customer payments, you record the payments through Receipts and apply them to Invoices. You can apply a customer's payment to a specific Invoice or to several invoices. When you enter the payment and click Auto Apply button, the system automatically applies it to the oldest outstanding Invoice first i.e. on FIFO basis. |
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| Customer Credit Invoice |
| In certain cases when user have to pay to customers, resulting out of advance payment from customers or sales returns or any other reason because of which in user's books, customer has a credit balance, user issue a credit invoice to customer, implying that he/she has to pay some amount to the customer. Every Sales Credit Invoice is posted as Customer Credit Invoice in Accounts Receivables. |
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| Reports |
| Customer Aging Report |
| The Customer Aging Report prints details of all the outstanding invoices and categorizes them on the basis of aging periods. With the help of this user can analyze and can easily detect which payments have been due for more than 30 days, between 30 - 60 days, between 60 - 90 days etc. User can customize these aging days through System Manager option. |
| Customer Backdated Aging Report |
| The report shows backdated report e.g. if user wants to know the receivables report as of Jan 1, 2007 then he can use this report to view backdated report. |
| Customer Statement |
| This report gives history, nature & status of the transactions made with each customer. This is required by the customer to know his complete transaction with us in our books. |
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| Accounts Receivable | Accounts Payable | Cash Manager | General Ledger |
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