Creditors and Debtors

Softex Creditors and debtors system allows unlimited features as a part of Market Control ERP system, setting up creditors and debtors on the system to keep track of both. And to add adjusting entries with the powerful integration between Market Control ERP parts, to manage and execute operations and promptly follow up overdue accounts.

Under the system supervision companies will be able to record total of the transactions of debits and credits from various records.


Inputs

  • Create various accounting tree levels for creditors
  • Create various accounting tree levels for debtors

Daily-Process

  • Cash-in voucher
  • Cash-out voucher
  • Adjusting entries
  • Bank-in voucher
  • Bank discount voucher
  • Guards of sales account payment
  • Guard of sales payment – Bank transfer

Outputs

Large number of reports and analytics screens
  • Debtor’s accounts report
  • Creditor’s accounts report
  • Statistics of creditors and debtors
  • Archive of cash transaction documents
  • Archive of bank transaction
  • Archive of adjusting entries
  • Income statement
  • Report of trial balance with levels
  • Report of cash flows
  • Detailed report of receivables balance on specific date
  • Detailed report of payables balance on specific date
  • Limit guards of receivables / payables by number
  • Limit guards of receivables / payables by date
  • Daily transaction of receivables guards
  • Statistics on receivables and payables
  • In addition, a large group of reports that are too many to mention in this brief description of the system.

Why to choose Market Control ERP?

Well-tested technology with a large community of skilled developers. Versatile ERP system for auto-generating queries and reports. Options for storing and accessing data in a wide variety of formats.

  • Reduce your cost, trace your payments and collect your money.
  • Manage your day to day transaction and sensitive data with ultimate security and consistency.
  • Ensure robustness and efficiency with no more worries about data loss, accidental power failures, or even data theft.
  • Maximum productivity through a very friendly user interface.
  • Deliver success to your business with a full solution based on academic knowledge and real experience.
  • Explore opportunities! Decision making has never been easier with an intelligent reporting engine producing over 1800 managerial level reports.
  • Tailored to match and suit various industry needs.
  • Highly experienced support team delivering guaranteed efficient and timely support.
  • Full control at your finger-tips with no more than a normal computer and internet connection.
  • Shortest on-site Implementation time.

System Videos

Market Control Cars creditors and debtors module is a part of the Standard module that works cloud through an internet connection from any place and at any time.

For example: Credit card holder is a debtor, and anyone who lends money is a debtor. While debtors are obligated to make payments on their obligations with interest to the creditor. When company borrow from bank, it’s the debtor and the bank is the creditor.

System Features

  • Monitor creditors and debtors accounts
  • Advanced search tools
  • Multiple reports for monitoring
  • Analytics screens
  • Advanced security and accessibility system
  • Flexibility in attaching company’s logo on documents and scalability sorting info
  • The ability to export all reports to Excel, word, and PDF
  • Sending reports as email from the system
  • The ability to modify, delete, view, and print all system documents
  • Consideration of all Egyptian and international accounting principles and standards
  • 7 System Languages
  • The ability to integrate with larger systems
  • Archive for each user movements, logging in, and logging out on the system
  • A registry of users with backup copies. Every 6 minutes!
  • SQL Enterprise Database secured by Microsoft
  • No need for technical support
  • No need to purchase and update servers / databases
  • Get Automatic software updates
  • Multiple users of the system

ERP Built for the Cloud