The Receivables module allows you to balance your POS and Dispense transactions and invoice the amounts to specific accounts, such as Cash at Bank

This module may also act as a complete accounting system, with the ability to raise invoices and credits against customers who have credit terms with your business.

Note: It is important not to confuse standard customers with Accounts Receivable (AR) Customers. 
In the case of standard or shop floor customers, account purchases are made through the Till and account statements are issued through the Customer module. 
AR Customers may be charged for goods/services supplied, however payment is not processed through the Till. These payments are debited directly at the bank. 


The Minfos Receivables module has four main areas or functions:

  • Sales and Banking
  • Enquiries
  • Reporting
  • Maintenance


Sales and Banking

Including:


Enquiries

Access relevant information by:


Reporting

Review a large range of reports that enable you to keep good control of debtors and creditors.


Maintenance

Add and update relevant information to keep your accounting system running cleanly.