Autocount Plugin :
Advanced Credit Term

Introduction of AutoCount Advanced Credit Term Plugin

In general, credit term plugins or extensions are designed to provide additional functionality related to credit terms and payment options in e-commerce or business management systems. These plugins typically offer features that allow businesses to define and manage credit terms for their customers, enabling more flexible payment arrangements.

How to Use ?

Tutorial Video

Let's explore the key benefits of the Advance Credit Term Plugin

How Advanced Credit Term Plugin Works:

Assign Access Rights

Access rights for the plugin are assigned through the General Maintenance > Access Right Maintenance menu, ensuring that the appropriate users have the necessary permissions to utilize the plugin.

Credit Term Setting

Users can set prompt payment discounts and late interest charges within the Credit Term section of the plugin, allowing for the customization of discount and interest rates based on specified credit terms.

Credit Term Setting

Users can set prompt payment discounts and late interest charges within the Credit Term section of the plugin, allowing for the customization of discount and interest rates based on specified credit terms.

Invoice (Credit Term)

When creating an invoice, users must ensure that the selected “Credit Term” matches the specific credit term configuration that includes the corresponding Discount and Interest rate.

A/R Receive Payment

The plugin automatically calculates and displays the discount amount or late interest percent based on the payment date and credit term when processing payments.

A/R Receive Payment

The plugin automatically calculates and displays the discount amount or late interest percent based on the payment date and credit term when processing payments.

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Taking SMEs to the Next Level of Business Excellence

With over 50 modules and 100 plugins to choose from, AutoCount System offers a wide range of options for small and medium-sized enterprises (SMEs). It helps businesses accelerate their growth and ensures that you can’t go wrong with its diverse selection. Choose AutoCount to take your business to new heights with its tailored solutions for accounting, inventory management, sales, and more. Trust in AutoCount’s extensive offerings to meet your specific business needs effectively.

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Ideal for Business:

The Autocount Advanced Credit term that need to manage and automate discount and interest calculations based on specific credit terms, handle a large number of transactions with varying credit terms, and improve financial accuracy, customer retention, and overall financial decision-making.

Conclusion:

The AutoCount Advanced Credit Term Plugin is a valuable tool for businesses, as it automates discount and interest calculations based on credit terms, contributing to overall financial accuracy, customer retention, and improved financial decision-making.

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