Version 2008 - ABAS Software AG

Incoming checks
Incoming checks can be recorded with data such as check number, check
issuer or due date and can be used when incoming payments are
transferred. The individual outstanding items which were paid by this
incoming check are adopted into the check table. The reference to the
payment entry is stored in the check. Later on also the reference to the
bank posting is stored as well (if available). Moreover, a simple
cancelation from the incoming check is possible. Incoming checks can be
used as outgoing checks. No new outgoing checks will then be printed.
Method of payment: "Other" for incoming and outgoing
payments
In addition to the methods of payment Transfer, Debit note, Check and
Bill of exchange, the method of payment "Others" is also supported by
abas ERP. Negative collective payment amounts are allowed for this
method of payment when transferring the outstanding items.
Application examples:
• Factoring
• Direct payments within a group
• Other transfers which are not connected to the payment methods
Transfer, Debit note, Check, Bill of exchange
Editing bank account statements
The bank file can be imported in the SWIFT format, Edifact format
FINSTA or the DTAUS format and filed in the abas ERP database.
Automatic allocation
In the abas financial accounting the user can now use a general
configuration record in which criteria for the automatic allocation of
payments can be defined for the automatic processing of account
statements. The user can specify in which area the customer and invoice
numbers reside, which data are relevant for the allocation and which
consistencies are to be checked.
In the automatic processing of account statements the term of payment is
evaluated and if the payment date matches, a suggestion for a cash
discount amount of the payment will be made.
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