AR Invoicing
Accounts Receivables for businesses only (Tour Operators + Corporates). The Accounts Receivable module is integrated with Hotelize IT and assures the control of credits given to Clients.
Accounts Receivables for businesses only (Tour Operators + Corporates). The Accounts Receivable module is integrated with Hotelize IT and assures the control of credits given to Clients.
The main functions performed by the Accounts Receivable (AR) are as follow:
keep the accounts with their delayed payment & the total due amount, with advanced filtering & search tools.
To show the total number of delayed invoices for each account,
To show the full details for each invoice,
To monitor credit card payments.
The App could generate any invoices for the accounts and prepare to send them to the client with extra functionality. Some of the features are:
Calculate the VAT
Calculate the market contribution (the travel agency commission)
Select to show or hide the Taxes from the invoices (City Tax, Service Tax, Vat Tax)
Calculate the discount for each invoice
The app could also increase or decrease the total amount of the invoice due
Generate the final invoice branded with the hotel name
The app could print the invoice, export it, and enhance its layout which will include the signature
The App could select the final invoices, sort them by date, and show the last dated invoices
The app could select more than one signature. It can also edit the hotel logo and many other options regarding the layout
Besides the regular invoice format, the app could also generate the special format layout for TUI UK, TUI Nederland, TUI invoices.
With Hotelize IT, you can easily manage the statement for the travel agency and the hotel. Some of the features are
The app could also
The app can keep any deleted invoices in case you need them later, or in case they were deleted by mistake
The key benefit of Hotelize IT is the noticeable reduction in administrative tasks and errors and having a system in place that automates key functions such as invoice generation is crucial in hotels’ business. Hotelize IT will
Search for any invoice by its number
Select any number of invoices and export them at any time
Show all the invoices for all accounts (Tour Operator, Travel Agency …etc)
Sort, arrange, and export all invoices easily and in no time
Show the details of each invoice
An AR aging report contains a list of your customers' unpaid invoices since the time the sales invoice was issued along with their duration. The AR aging report helps you understand the average age of your outstanding invoices. It will help you collect bills within a stipulated period, improve efficiency, and move the money to your bank account.
The importance of the AR Aging reports with Hotelize IT
The app divides the invoices as 0:30 - 30:60 - 60:90 … etc
Calculate the total due amount for each account during the 30 days past due and their multiples
The App could generate the aging report with the main account currency, with no need to transfer the due amount from currency to another
The app could arrange the invoices based on the issued month, and show all the invoices in this month without moving them to the next period as in the 30 days aging report
The app could show an aging report for all invoices issued more than one month ago. As by default, the recently issued invoices will not be collected in the same month
The app could edit the change rate for any invoice to increase or decrease the total amount of the invoice before it’s issued for the accounts
The app could create aging reports for all the invoices in Egyptian pounds compared with the old Egyptian pound rate
The application could evaluate aging reports in any currency, local or foreign, with full control of the change rate for all currency in all aging reports. It can also generate aging formats in months instead of 30 days period
With the help of this app, you can select an old date and check the old rates
The app could show and export all the change in the rate history
The app could calculate all types of taxes for any due amount along with the net profit.
