Page 25 - KIA Proposal v5

FiNAC - Software Solution
Maintaining debtors’ age wise analysis with user definable age groups.

Automatic payment reminder generation
Able to define late payment charges through debit note

Balance Confirmation notice generation
Cheque printing module integrated with overpayment and advance refund.

Maintain debtors outstanding - Each customer's online balance is maintained.
The System handles,

 Debit Note

 Credit Note
 Receipt

 Advance

 Advance Allocation
 Overpayment Allocation

 Advance Refund

 Overpayment Refund

Integrated with other modules

 Sales/ Sales return - Integrates update in debtor module
 PD – Cheque Return update with Debtors

 Administration: Cheque Printing –Advance Refund and Overpayment Refund

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