Chantry Consultants Ltd

Sales and Disbursements Ledger

Allows for both permanent accounts (e.g. banks and building societies) and once-only accounts (e.g. commission on a house sale).
Open item sales ledger for recording invoices/fees issued and payments received.
Hold the account with the client or with a solicitor or other third party.
Records deposits held as a distinct transaction type.
Apply cash received automatically (pay oldest first) or manually select items paid.
Report completed accounts and convert deposits held to cash received.
Print statements of account.
Aged debt reports.
Record disbursements and expenses incurred on an account with input via the Purchase Ledger or direct to the Disbursements Ledger.
Report on disbursements vs. budget, disbursements recharged and aged outstanding disbursements.
Integrated with the Purchase and Nominal Ledgers.
Audit trail of all transactions input to the system or generated by the system.