Accounting Link and Accounts Receivable
Accounting Link
- Accounting Link for MYOB AccountRight Live, Xero, Intuit QuickBooks, MoneyWorks Data Centre, Reckon Accounts Desktop or Reckon Accounts Hosted accounting system
Click here for more information about the Ostendo Operations (ERP) accounting links
- Accounting system is used for financial reporting, bank reconciliation, accounts receivable, accounts payables and BAS/GST returns. All other transactions are done in Ostendo.
- General Ledger and Account Types aligned with Accounting system
- General Ledger mapping setup in Ostendo with options for company site, department and sales
- Foreign currency sales and purchasing
- Foreign currency with or without foreign currency bank accounts
- Option to transact in foreign currency and convert to local currency
- General Ledger transaction reporting
- Can stand alone without an accounting link, but Ostendo has no creditor ageing or accounts payable functions
Accounts Receivable
- Batch email and/or print of invoices and statements with CC and BCC
- Email on behalf function available for specific From email address
- Order customers can have different billing customers
- Email invoice to order customer and statement to billing customer
- Customer payments can be recorded in the accounting system and/or in Ostendo
- Customer deposits can be automatically applied to invoices when posted
- Bank deposits for cash, cheques and credit cards etc
- Operations Centre has one-stop information available for managing accounts receivable
- Credit control with credit limit and/or ageing days and pop up message
- Stop credit with pop up message
- Option to take orders for customers on stop credit but not process them
- User defined statement cycle
- Options for rebates deducted from payments or early payment discount
- Finance charge can be applied to payments, eg credit card fees