Multiple Account types
||User search keys
||Construction Industry Scheme
|| C.I.T.B deductions
|| Document imaging
||Comprehensive payment selection
||Invoices may be recorded
in any currency, accounted for in your home currency and receipts
recorded in either of these or any other currency. Both transaction
currency and home currency balances and transactions values are
always visible and exchange differences are automatically accounted
for as they arise - either when received or revalued.
||Whether you operate
inside or outside the Eurozone, whenever the Euro is part of your
transaction, the appropriate conversion - including triangulation
- is applied.
your working practices
||Direct ledger entry
with optional batch control options, or invoice registration supporting
order and non-order related invoices, with matching against orders
and receipts and appropriate maintenance of division of duties
rules for entry and authorisation, are all examples of entry options
which may be chosen to support your method of working.
||You can choose to associate
images with transactions, using an Imaging System of your choice,
to support the authorisation process and enquiry.
||Supplier records are
shared by all their respective accounts and are associated with
a wide range of parameters many of which may be associated with
managers so that action lists and escalation procedures may be
generated based on various supplier related responsibilities.
Access to suppliers may be gained by entry, assisted by search
windows, of their code, name or postcode or by one of any of the
user-defined keys - including, for instance, address, telephone
number, VAT registration number, etc. Suppliers may be created,
by using the full detail screen or the quick set-up facilities,
which require minimal data entry. Checks, based on name and address
components, ensure that the creation of unnecessary duplicate
accounts is minimised.
access to all data, both current and historical, is always available
to users. Individual users may tune the data displays to their
own requirements so that the emphasis is on managing and servicing
the account with full access to all details of the transactions,
collection actions, receipts and bank clearance details, etc.
and you can record dispute details and settlements as required.
is provided for the control of payments to suppliers who are certified
under this legislation. You designate these suppliers and automatically,
the required extra invoice-related data is captured, payments
and any tax deductions are automatically handled, vouchers are
printed and matched and comprehensive records of payments are
automatically maintained so that Inland Revenue reporting is routine.
||No matter which method
of payment you choose - including cheques from one or more bank
accounts and BACS - this is fully supported using any payment
format including separate or attached remittance advices. Just
specify how an account or invoice is to be paid and the system
does the rest.
||When it comes to special
handling of payments, Forte provides those special features you
are looking for - recurring invoice support, high and low value
exceptions, separate payment per invoice, special handling of
overflow remittances, reference back notes for groups of invoices
on remittances, etc. are examples of options which, once defined,
are automatically enforced. Special features and controls are
provided for making payment which are based on cheque requisitions
rather than creditor invoices - such as advances, court fees,
etc. - or of a one-off nature such as refunds of over-payments
||Payment selection, using
your parameters, is followed by on screen or report-based review,
appropriate further selection or deselection and, only when you
are satisfied, by the production of appropriate payment media
and ledger update. Where settlement discounts are involved these
are automatically taken and accounted for according to the defined