Customer collections

Introduction

TEAreport RFN003 - Customer collectionsallows you to track payments received from customers in connection with their invoices. It provides a detailed overview of financial transactions, including amounts collected and outstanding balances. This report is essential to ensure proper monitoring of payments and optimize cash management.

Explanation of table columns

Number

• Unique reference assigned to each collection.
• Allows you to identify and trace customer payments.

Date

• Indicates the date on which the receipt was recorded.
• Allows you to track the timeline of payments received.

Payment type

• Specifies the payment method used (transfer, check, cash, etc.).
• Allows you to analyze payment trends and optimize payment methods.

Part number

• Reference of the document associated with the collection.
• Facilitates the correspondence between payments and accounting documents.

Customer

• Displays the name of the customer who made the payment.
• Allows you to easily identify transactions by customer.

Invoice number

• Indicates the invoice number associated with the collection.
• Allows you to link each payment to one or more invoices.

Invoice date

• Date of issue of the invoice concerned by the collection.
• Allows you to identify the age of settled debts.

Invoice amount including tax

• Total invoice amount including all taxes.
• Indicates the amount due before collection.

Amount paid including tax

• Amount actually paid by the customer.
• Allows you to track the status of payments and identify partial payments.

Remaining amount including tax

• Amount still due after collection.
• Allows you to evaluate unpaid customer debts and anticipate reminders.

Added value of the report

TEAreport RFN003 - Customer collectionsoffers several advantages for financial management:

• Tracking customer payments: Allows you to have a clear view of collections and receivables still owed.
• Cash flow optimization: Helps forecast cash inflows and manage cash flow.
• Improved customer relations: Ensures rigorous monitoring of payments and facilitates communication in the event of unpaid debts.
• Analysis of payment methods: Allows you to identify payment trends and adapt payment terms accordingly.

Conclusion

TEAreport RFN003 - Customer collectionsis a key tool for ensuring effective tracking of payments received. It makes it possible to optimize cash management and guarantee better visibility of customer receivables.