Purchase Ledger

The Purchase Ledger stores comprehensive information on suppliers. It provides the facilities to manage cash flow by controlling payments to suppliers and analysing expenditure in a detailed manner. The Ledger has a note facility, attached to each supplier, which may be used to record supplier information, delivery details etc.

Features Include:

• Supplier balances - drill down to detail line level. When an individual account is selected, it is possible to view the total on each transaction and on selection of an individual transaction to view the detail invoice lines.
• Period movements on the ledger, broken down by document, may be viewed on screen by selecting the Ledger Control facility.
• Total indebtedness to suppliers.
• 10 Character alpha-numeric account code.
• 35 Character account name.
• Invoice, Credit Note, and adjustment entries.
• Multi-currency Special Prices facilities.
• Full reporting in local currency and foreign currency.
• Currency Exchange reporting - automatic calculation of gain / loss.
• Credit Limit checking.
• Flagging of invoices in dispute.
• Settlement discounts.
• Integrated with Purchase Ordering module.
• Transactions retained as long as you wish.
• Aged Analysis reporting.
• Remittance advices.
• Automatic payment and cheque printing.
• Memo pad facility.
• Sophisticated cash allocation methods.
• Integrated with the Nominal Ledger.
• Audit Flow — User, Date, Time.