Payment Terms Assignment
Allows you to assign net payment terms to specific customers in your database. This system will automatically handle billing, notifications, and applications of late payment financing charges.
Flexible Payment Scheduling
Allows you to assign any term payment schedule. You can have any amount of net payment days, such as Net 30, Net 60, etc. Each payment can have a minimum balance, for example, a group might have Net 30 days terms with up to $5,000 balance allowed. Additionally, payment types can have different late penalty fees, or no late penalty fees.
Checks and Balances
Flexible check and balance system allow you to enter incoming payments and apply payments to open orders.
Reporting Tools
Extensive reporting shows your incoming orders on payment terms and the status of all open orders on terms. Reports can be searched and sorted on numerous criteria.
