Accounts Payable/Receivable & General Ledger
CONTROL includes a sophisticated accounting module that is fully featured for retailers’ accounting
needs. The following lists some of the many features available:
- Generates required payments while ensuring you claim any allowable
settlement discount.
- Automatic calculation and handling of GST in invoices and adjustments.
- Generates consignment stock invoices for consignment stock.
- Full foreign currency invoice handling.
- Enquiry facility allows instant access to account details including
transaction history, outstanding amounts and notes for each supplier.
- Cash requirements reporting.
- Chart of Accounts: unlimited number of accounts, cost centres and
groupings. The chart may be established hierarchically.
- Budgets and forecasts may be stored for any account.
- Ad-hoc cheque printing with transaction details recorded as a sundry
payment.
- Ability to operate in a new financial year before closing off the previous year.
- Provides for separate financial reporting for stores, departments and
profit centres.
- Handles multi-company consolidations, with inter-company accounts
automatically reconciled.
- Full audit trail available at any time.
- Facilities for extended credit finance accounts — with daily interest and
arrears calculations.
- Optional ODBC connection allows for user developed queries and reports
by third party products including Crystal Reports, Access and Excel.