accpac simply accounting 9.0 User Manual
Part 5: Developing Your Business
25–6 Simply Accounting
ACCPAC INTERNATIONAL, INC. Confidential
To create a graph of unpaid and overdue invoices:
1. In the Home window, from the Graphs menu, choose
Unpaid Sales by Aging Period.
Current
31 to 60
61 to 90
91+
Unpaid Sales by Aging Period as at 03/12001
Unpaid Sales by Aging Period as at 03/15/2001
Generated on/16/2001
Generated on 03/15/2001
Current sales are not
overdue. The larger this
portion of the pie, the better.
overdue. The larger this
portion of the pie, the better.
Evaluating Your Vendors
Good relations with your vendors are just as important as your
relationships with your customers. You may receive special
discounts or other benefits if you develop close relationships
with your vendors.
relationships with your customers. You may receive special
discounts or other benefits if you develop close relationships
with your vendors.
If your vendors are offering you discounts for paying your bills
within a certain time (payment terms), you should try to take
advantage of those discounts. Consider that 1 percent on $10,000
of purchases is $100. However, you should only take advantage
of early-payment terms if you have enough cash on hand. Don’t
borrow money at a higher rate of interest to take advantage of
early-payment terms.
within a certain time (payment terms), you should try to take
advantage of those discounts. Consider that 1 percent on $10,000
of purchases is $100. However, you should only take advantage
of early-payment terms if you have enough cash on hand. Don’t
borrow money at a higher rate of interest to take advantage of
early-payment terms.
Getting a General Report on Vendors
You can use the Vendor Purchases report to see a list of your
purchases from each vendor that you select. This can help you
identify vendors who might agree to give you a volume
discount.
purchases from each vendor that you select. This can help you
identify vendors who might agree to give you a volume
discount.