|
The AP-AR Refunds Module for
Dynamics SL is a feature rich module that allows the users of the
Dynamics SL Accounts Payable and Accounts Receivable Modules to
seamlessly transfer balances from one module to another for refunds,
etc.
The module allows you to force the Vendor IDs and
Customer IDs to match, or the user can decide on the fly. A
relationship table allows you to match up Vendors to Customers, or
you can set them up by matching Customers to Vendors. Either way,
the relationship is maintained in both directions. In addition,
either you can create the relationships manually, or automatically
during the refund process. It is all up to you.
Within the AP-AR Refund process
you can generate refunds that are owed to you by vendors in Accounts
Payable into Accounts Receivable as balances for the matching customer.
You can also generate refunds you owe your customers in the Accounts
Receivable module into vendors in the Accounts Payable as a balance
you owe. Both process work exactly the same. In addition,
all refunds are offset against a refund
Account and Subaccount
you designate under setup. You also have the choice as to which
document types are created in each module for refunds. Each process
("Vendor
Refund Process" or
"Customer Refund Process")
can have its own unique document types.
|
Accounts Payable = (Voucher or Credit
Adjustment)
Accounts Receivable = (Invoice or Debit Memo)
Batches can be set to
auto-release or be
manually based on your preferences.
Our netting process will allow you to easily net the balances of a
Vendor and a Customer. For example if you owed your Vendor $1000 in
Accounts Payable and the same vendor, who is a customer in Accounts
Receivable, owed you $750, you could easily net the two leaving a
remaining balance of $250 in Accounts Payable. This can be easily
accomplished with a click of a button.
In addition to all of the above,
a complete history is maintained of all refunds for each Vendor or Customer
for easy on screen lookup. The user can also print it in a report format
from the screen or the reports menu. And finally, you can access both
the refunds process and history by a click of a button from the
Customer Maintenance
or
Vendor Maintenance screens.
This helps the user to be more productive during their day.
|
