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Accounting Facilities
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TOPAX Management
accounting facilities are designed to handle operational accounts
Receivable and Payable, set up commission levels, update exchange
rates, balance PNR accounts and generate accounting reports.
TOPAX Management
can automatically trigger invoicing, monitor agency billing
and control payment collection. This allows for accurate tracking
of customers' outstanding balances and revenues and profits
from sales activities. Advance deposits and cash payments
are automatically credited to the customer account. Customer
statements of account show current and outstanding balances
and aging information. Accounting facilities enable the analysis
of the proposed products' potential profitability.
Based on the above, actual income can be compared to the standard
costs used for planning.
TOPAXT Management can create and transfer journal transactions
to external general ledger and accounting systems.
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