Tencia Creditors
The creditor’s feature allows you to keep track of and reconcile your creditor accounts.
Find out which of your suppliers are the oldest, and who has been around the longest.
With Tencia, you can keep track of your creditor accounts and even reconcile them for better visibility. Tencia Creditors is a simple way to manage your bills online. It allows you to create accounts with billers or creditors so that they can automatically send notifications of pending bills. When they do, simply log into Tencia, pay them off and take care of any additional notes that need to be reconciled. All in one spot.
Tencia’s easy to use interface allows for rapid data entry of supplier invoices. Giving you the insight you need to monitor the age of your supplier’s debt, more effectively. But Tencia Creditors distinguishes itself from free or low-cost options in three ways: It allows customers to monitor multiple accounts, makes it easy to create a plan for paying off debts on time, and offers budgeting tools that help consumers figure out how much money they can spare each month.
As a whole service provider, we see how easy it is to fall behind on payments or to forget about bills altogether. We’ve designed Tencia Creditors so that everyone can manage their debts in one place. It’s quick and easy to use as well as giving you great insights into what you owe, who owes you money and when it needs paying off. Let us help make dealing with debt a bit easier by signing up today!
Creditor features:
- Includes a facility for setting up creditors as either balance forward of open item accounts
- Creditor information can be accessed by selecting creditor codes or alpha codes.
- Analysis of creditor status by supplier type or expense code.
- Exception reporting for management reports.
- Set up and schedule automatic payments for invoices paid on a regular basis.
- Perform automatic, manual and electronic payments
- Automatic cheque printing facility.
- Perform comprehensive inquiries on Creditor accounts and filter information by creditor codes, dates, or values.
- View Current, Old, Future or All transactions and sort or filter them by type i.e. invoices, credits, payments or cheques.
- Process future invoices and payments.
- Customisable trading terms that are defined by the user.
- Place invoices on partial or full holds.
- Print historical remittance information.
- Keep details of all fully paid transactions and print them when required.
- Analysis of creditors using creditor and supplier codes to differentiate who your suppliers are.
- Multiple dissections using purchase code and supplier types.
- Up to 10 user-defined fields on the Creditors master file.
Creditor reports include:
- Aged trial balances
- Creditors Ledger
- Pay As You Go payment summaries
- Transaction/Tax listing.
- Analysis of purchases by Creditor/supplier type or expense code.
- Exception reporting for management reports.
- Prescribed payments deductions listing.
- Creditors Labels.
- Payment by due date report.
- Forward payments list.
.