IRIS Exchequer Plug Ins

This month’s IRIS Exchequer Plug Ins which add additional functionality to your existing system are the Prompt Payment Plug In which allows you add interest onto overdue invoices, the User Defined Field Plug In which allow you to add additional custom fields and the Cost Centre/Department Cost Allocation Plug In which helps you to apportion cost arross a range of cost centres.

1)      Prompt Payment Plug-In

In full compliance with the late Payment of Commercial Debts (Interest) Act November 1998, the Prompt Payment Plug-In gives you the ability to introduce an automated Prompt Payment process to your business where interest is calculated on invoices that have exceeded their agreed payment terms.

The simple administration tool included as part of this Plug-In allows you to define interest calculation per customer account and a scale of debt collection charges.

The interest calculation is instigated as a month end routine which automatically generates a single period based SJI (Sales Journal Invoice) for each account to reflect the interest charged on overdue accounts, plus the inclusion of any debt collection charge.

Requirements:

IRIS Exchequer v6

User Defined Fields - User Defined 1 and 2 on Purchase Order and Purchase Credit Note Header are utilised by this Plug-In. User Defined Fields 1, 2 & 3 on Purchase Invoice and Purchase Credit Note transaction lines are utilised by this Plug-In.

Additional - Two spare VAT codes are utilised by this Plug-In

Editions - MS SQL/Pervasive

2)      User Defined Field Plug-In

The majority of records within IRIS Exchequer, such as customers, suppliers, stock, jobs and transactions have user-definable fields and the label of the fields can be customised within system set-up to add more meaning to your business and users.

Whilst this offers some flexibility, the fields are free-format, and therefore are not validated in any way, which can lead to important information being missed. The User-Definable Fields Plug-In introduces the ability to add a further level of customisation to your IRIS Exchequer system.

You can customise user defined fields to be:

• Mandatory lists

• Optional Lists

• Additional Dates (Optional/Mandatory)

• Validation of any field entry

Requirements:

IRIS Exchequer v6

Editions - MS SQL/Pervasive

3)      Cost Centre / Department Cost Allocation Plug-In

The Cost Centre / Department Cost Allocation Plug-In introduces an automated and efficient method of

apportioning cost across a range of cost centre and department combinations by only entering a single transaction line.

Apportionment requirements can be set-up within the simple administrator for individual general ledger codes with the choice of apportionment by cost centre, department or by a cost centre and department combination.

When entering a purchase or nominal transaction, a pop-up window is shown giving you the option of selecting your preferred method of apportionment based on the combinations you have created.

Requirements:

IRIS Exchequer v6

Editions - MS SQL/Pervasive