Product Release: 1208
We are pleased to announce that version 1208 of Aqilla has been released on Tuesday 31st July.
The client accounts feature provides the capability of specifying that a creditor account may be invoiced using sales invoices and sales credit notes as well as handling purchase invoices and purchase credit notes. By setting a new “Client Account” setting on the creditor record to “Yes” and linking a customer account to it using the Creditor Account Code in “Statement Receiver”, you may now create sales invoices using this new customer linked to the creditor account.
Note that for processing purposes, the client account will be treated as a creditor account and if the account is in credit, it will be available for payment through the Payments process. Any sales invoices will be matched off as part of the payment process. The Debtor Statements function will not normally include client accounts but individual statements may be produced by selecting a client account.
Period Posted Date
Month or year end doesn’t have to be slow or difficult. Here is a best practice guide to the busiest times of the accounting and finance year with 5 tips to facilitate a quicker and more efficient period end.