Payments Program :

Save time and money with the Payments Program, which helps you determine the optimal time to pay invoices, expenses, and discounts, while maintaining a close relationship with your suppliers.

Program Features:

1. Definition of all types of payments (cash, checks, advance payments, post-dated check payments in banks and cash, transfers between cash registers and banks, settlements), and specifying the linkage of each to the general accounts and the ledger.

2. Definition of used receipt books (a serial for each book).

3. Definition of deductions that are deducted from various payments, such as stamp duty and taxes, and linking these deductions to the general accounts.

4. Definition of types of bank transfers and linking these types to the general accounts, specifying their impact on the documentary cycle.

Cash and Checks Transactions:

• Creation of a guide for cash registers used in cash and check payments, linking each cash register to the general accounts, and specifying the opening balance for each cash register.

• Establishment of a comprehensive guide for banks dealt with, linking each to the general accounts.

Monitoring bank transfers to various accounts and external entities.

Tracking transfers between cash registers.

Linking payments to future purchase invoices and the impact on aging of debts.

Connecting payments with other programs such as real estate investment, contracting, wages, and salaries.

Designing the check printing format for each bank account (insert the check paper into the printer and use the check printing command from within the program) to avoid manual errors in writing checks, such as misspelling and numbers.

Issuing cash and check payment receipts and printing them from within the program.

Tracking outgoing checks from the program (check payment from the bank balance - check return from the beneficiaries).

Cheque Payment Receipt :

Cash and Cheque Movement Report:

Diagram illustrating the accounting treatment of payments automatically generated by the program:

reports:

1. General Payments Report

2. Cash Flow Statements Report

3. Deductions Statements Report

4. Outstanding Payments Statements Report

5. Suppliers Reconciliation Statement

6. Sales Representatives Payments Statement

7. Detailed Report of Cash and Checks Movements

8. Expected Cash Flow Report

9. Expected Bank Liquidity Report

10. General Balances Report