Billing links sales contracts and orders of all types with GLOVIA G2 Accounts Receivable to provide you with the capability of instantly generating invoices and customer billing information. Processing starts as soon as a sale is made or a service is rendered. For greater flexibility, the ERP Billing system supports both sales order billing and contract billing, including progress billing and recurring invoices. Advanced invoicing supports service and maintenance contracts with deferred revenue recognition. Final price extensions, discounts, taxes, and expenses are all automatically figured in and itemized to create accurate customer invoices.
To simplify the processing of large volumes of documents, GLOVIA G2’s Billing ERP software module prompts you to approve eligible shipped orders or delivered contracts for the purpose of generating and printing invoices, credit memos, and debit memos. The actual printing process itself is under batch control and generates a complete audit trail.
The billing process generates all the necessary financial posting information to update both GLOVIA G2 Accounts Receivable and GLOVIA G2 General Ledger. Online inquiries provide customer account and document status, including the latest balances and transaction details.
Tax detail and summary reports provide information on taxable and non-taxable sales and tax amounts by taxing authority. Financial reports provide detailed postings to the General Ledger.
In addition to basic invoices and other billing documents, key audit and control information, such as sales data, expenses, taxes and financial impact, are generated for processing in other applications. The ERP Billing module captures fully detailed data for use by Accounts Receivable subsidiary ledger, Sales Analysis reporting and the General Ledger system.
GLOVIA G2’s Billing ERP software module supports multinational capabilities for document generation and posting in foreign currency. This provides the necessary information to account for the exchange rate variances that occur between the time a sales order is shipped, billed and paid and the time when the actual bank deposit is made.
The system also provides complete value-added tax (VAT) and Japanese Consumption Tax (JCT) accounting and international addressing as well as other international requirements.
Contact FUJITSU GLOVIA to learn more about implementing our GLOVIA G2 Billing ERP software module at your company.
Copyright 1995 - 2015 FUJITSU