Direct Sales Management financials consist of three modules - Sales Management (debtors), Creditors and General Ledger. When linked to the Direct Sales Management system, they are updated with company information as it happens producing reports that show the exact company position at any time. The financial modules incorporate all functions expected of a modern computer accounting system together with enhanced functions developed for use in the direct selling industry.

Features of the financial modules include :

• Agent and Consultants are automatically set up as Debtors for invoicing of their purchases
• Invoicing / Adjustment Note system for sales other than agent or consultant generated - direct to public or through web site generated orders
• Capture of GST information from all sales or adjustment transactions together with reports showing liability by selected periods and comprehensive summary information
• Full audit trail for all transactions including both summary and detail reports to validate system balances together with Control Totals by period and Aged Analysis
• Extensive reports for Company Sales, Sales by product with Gross Margin Profit by value and percent, Transaction History and General Ledger posting detail

• Agent and Consultants are automatically set up as Creditors for recording payment liability through Recipient Created Invoices
• Automatic creation of Recipient Created Invoices with commission payment
• On-Line payment of commission and other payments (together with bank supplied software)
• Cheque printing direct to preprinted stationary with extensive cheque layout options and fine adjustments for print positions
• Handles payments of multiple accounts with another account i.e.. Payment of several accounts using a credit card
• Extensive Reports and Enquiries option

• Operates with unlimited number of bank accounts
• Full cashbook / bank reconciliation facilities for all bank accounts to easily determine current cash situation
• Next Month functions for forward entry of journals, payments and receipts and Dual Financial Year mode to allow entry of previous period figures
• Chart of Accounts has options for both Cost Centres and Sub Accounts together with reports for viewing separate or consolidated information
• Receipts can be accepted through Consultant Management as deposits with contracts and automatically consolidated into General Ledger for banking
• Grouping of receipts into nominated classifications for banking to provide easier reconciliation to bank statements
• Budget module used with General Ledger information to provide cash flow, expense and revenue forecasts
• Extensive Trading Statement, Profit and Loss and Balance Sheet reports to show company position at a glance. Updated after every transaction to always show the current position