In One ERP, both receivables and payables can be visualised on three levels: third-party balance, invoice balance, receipts/payments for each invoice.

Detailed report of receivables and payables.

Bookmarks can be attached to the receivables and payables reports, to easily resume data follow-up.

Advanced module for debt recovery.

Although necessary, reports are not enough to support debt recovery. The recovery process requires, on the one hand, the easy identification of the debts, and on the other hand, interacting with the debtors.

Through the financial module, One ERP enables registration of guarantee/payment promises, first upon invoice registration (according to contract terms), and then, where such promises fail to be fulfilled, according to the new guarantee/payment promises of the debtor.

Promises that are fulfilled are automatically written off.

Down payments

For the organisations that use down payments for the goods, down payments invoiced and down payments received should be differentiated.

Through the financial module, One ERP registers separately the down payments invoiced and the down payments received.

Furthermore, in case of down payment invoice cancellation, One ERP automatically checks whether the down payment received is sufficient.