Summary Credit Management

Report Options

Field

Description

Report as of

The 'as of' date is taken from the Ageing date entered on the Ageing Options tab.

Option

Description

Current period

Select this to print a summary credit management report as of the current month.

Previous period 1

Select this to print a summary credit management report as of the previous month 1.

When you select this option, the Ageing date on the Ageing Options tab is set to your Current year previous period 1 date from the Periods tab of the Accounts Receivable Setup program.

Previous period 2

Select this to print a summary credit management report as of the month before last.

When you select this option, the Ageing date on the Ageing Options tab is set to your Current year previous period 2 date from the Periods tab of the Accounts Receivable Setup program.

Sequence

Indicate the sequence in which to generate the report.

The following sequences are available:

Customer number
Short name
Branch
Customer class
Geographical area
Salesperson

Customers on hold

Option	Description
Include	Select this to include customers whose accounts are on hold in the report.
Exclude	Select this to exclude customers whose accounts are on hold in the report.
Only	Select this to include only those customers whose accounts are on hold in the report.

Include

Include future invoice totals

Select this to include the totals of future invoices in the report.

This option is selected by default.

Future invoices are those with an invoice date ahead of the ageing date you entered for the report, but which were posted in the current or a previous month.

Zero balance customers

Select this to include those customers whose account balance is zero in the report.

If you have foreign currency customers and you do not select this option, then the ageing totals on the report may not agree with the control balance totals.

This happens when a foreign currency customer's balance is zero in the foreign currency but non-zero in the local currency (e.g. there is an invoice and credit note for the same foreign value, but the exchange rate differs and they have not been offset against each other).

Print full address

Select this to include each customer's full address on the report.

Print customer details

Select this to include details defined against each customer (Browse on Customers) in the report.

Ageing Options

Field	Description
Ageing options	These options enable you to indicate how you want the ageing columns to be represented on the report.
Ageing date	Enter the date that must be used to calculate the time bucket allotted to each invoice printed. Regardless of the month selected to print, the entry made at this field is used to calculate the time buckets. If you selected Report as of - Current period on the Report Options tab, then this field defaults to the current SYSPRO system date. If you selected Report as of - Previous period 1 on the Report Options tab, then this field defaults to your Current year previous period 1 date from the Periods tab of the Accounts Payable Setup program. If you selected Report as of - Previous period 2 on the Report Options tab, then this field defaults to your Current year previous period 2 date from the Periods tab of the Accounts Payable Setup program. Invoices are aged according to how you have defined your invoice ageing method (Accounts Receivable Setup - General tab)
Use standard ageing columns	Select this to use the standard ageing columns. If you do not select this option, then you can define the number of days to use for each ageing column. The standard ageing columns are: Current, 30 days, 60 days, 90 days, 120 day and 150 days+.
Column 1 - 5	You use these fields to enter the number of days to use for each ageing column. These fields are only enabled if you did not select to use standard ageing columns.
Report ageing method	If your Invoice ageing method is By statement(Accounts Receivable Setup - General tab), then the maximum age of invoices calculated by the system is 210. If it is By aged statement, then the maximum age of invoices calculated by the system is 180. Refer to Invoice Ageing for information on Accounts Receivable invoice ageing.
Statement	Select this to age invoices according to the last seven period end dates defined for your Accounts Receivable module. These dates were defined at the time of adding a company, and are accessible on the Periods tab of the Accounts Receivable Setup program. The invoice date is used for ageing. An invoice is current if the invoice date is later than the last period end date.
Aged statement	Select this to age invoices according to the last seven period end dates defined for your Accounts Receivable module. These dates were defined at the time of adding a company, and are accessible on the Periods tab of the Accounts Receivable Setup program. The invoice date is used for ageing. An invoice is current if the invoice date is later than the penultimate period end date.
Invoice date	Select this to aged invoices according to the difference between the invoice date and the system run date as follows: 0-29 days - Current 30-59 days - 30 days 60-89 days - 60 days 90-119 days - 90 days 120-149 days -120 days 150-179 days - 150 days 180+ days - 180 days and over
Invoice due date	Select this to age invoices according to the due date of the invoice. This is calculated as the invoice date plus the days until due as indicated in the Invoice Terms table. The invoice will remain current provided that the due date is greater than the ageing date. Overdue invoices are aged into the following columns: 1-30 days overdue 31-60 days overdue 61-90 days overdue 91-120 days overdue over 120 days Due date ageing does not affect the handling of future invoices. If you select to age the report By invoice due date, then the date and terms defined against the invoice are used to age the invoice. The terms defined against the customer are ignored (Browse on Customers).

Currency Options


	The options on this tab page only apply if you selected the setup option Foreign currency sales required (Accounts Receivable Setup).

Field

Description

Show values in

Indicate the currency in which you want to print invoice amounts on the report.

Option	Description
Local currency	Select this to print foreign amounts in the local currency equivalent.
Foreign currency	Select this to print transactions for a specific foreign currency only. You indicate this currency at the Currency selection option below.

Convert to local value at

These options are only available if you selected Local currency at the Show values in option.

Option	Description
At entry time	Select this to convert foreign amounts into local currency at the exchange rate applicable when the invoice was captured.
At current exchange rate	Select this to convert foreign amounts into local currency at the current exchange rate defined in the Currency table (Browse on Currencies).

Currency selection

Option

Description

All

Select this to include all transactions regardless of the currency in which they were posted.

You will be unable to select this option if you selected to Show values in Foreign currency.

Single

Select this to only print the value of transactions that were posted in a specific currency.

You indicate this currency in the Currency field.

Currency

This indicates the single currency for which you want to print transactions.

This option is only available if you selected to print transactions for a Single currency, or you selected to show values in Foreign currency.

Limits and Terms

These options enable you to include customers in the report based on the method of credit checking indicated.

Field

Description

Customer selection by

Option	Description
All customers	Select this to include all customers irrespective of the method of credit checking.
Limit checking	Select this to include customers based on an amount by which they have exceeded their credit limit.. You specify this amount at the Amount over limit field.
Terms checking	Select this to indicate customers based on the number of days they have exceeded their terms. This can be performed using standard ageing or the actual days overdue.
Limit and terms checking	Select this to include customers based on a combination of the criteria specified using the Limit checking and Terms checking options.
Minimum balance checking	Select this to indicate customers whose balance exceeds the minimum balance amount entered at the Balance field.

Limit checking

This option is only available if you defined Customer selection by Limit checking or by Limit and terms checking.

Amount over limit

Indicate the amount by which customers must have exceeded their credit limit for them to be included in the report.

Terms checking

This option is only available if you defined Customer selection by Terms checking or by Limit and terms checking.

Based on

Option

Description

Standard ageing

Select this if you want the number of days that customers have exceeded their terms to be determined by the credit status and terms assigned to the customer.

This is performed by multiplying the customer's credit status by 30 and subtracting the customer's terms. This establishes the ageing bucket to which the customer is assigned.

For example: If the customer's credit status is 2 and the customer's terms are 30, then the calculation is performed as follows:

credit status x 30 (02 x 30 = 60)

result - terms (60 - 30 = 30)

In this example, if you enter a number in the range 0 to 29 at the Days over terms field, then this customer is included in the report.

Actual days

Select this if you want to bypass the standard ageing method of selecting customers, and include only those who have exceeded their terms by the actual number of days specified at the Days over terms field.

This is performed by subtracting the customer's terms from the oldest invoice (in days). If the result is equal to or greater than the number of days overdue entered, then the customer is included on the report.

For example: If an invoice is held on file (against a customer with terms of 30 days) with a date of 1 October 1998 and the balance function is run on 17 November 1998, the highest number of days field on the customer master file is updated with 47 days. If the terms are then subtracted from this amount, the actual number of days that the customer's terms has been exceeded is 17. If you specified a number up to and including 17 at the Days over terms field, then this customer is selected.

Days over terms

Enter the number of days to use to determine whether customers have exceeded their terms.

This applies if you selected the option: Actual days overdue.

Include where credit not available

You can only access this field if you selected either the Terms checking or Limit and terms checking options at the Customer selection by field.

Select this to include customers who are in a credit status of 9 (i.e. a manual hold has been placed on the account to suspend all credit for the customer).

Minimum balance checking

This only applies if you selected Customer selection by - Minimum balance checking.

Balance

Indicate the minimum balance. If a customer's balance exceeds this amount, then that customer is included in the report.

Customer account selection

Option	Description
All	Select this if you want to include all customers irrespective of their account balance.
Debit	Select this to include only those customers with a debit balance on their account.
Credit	Select this to include only those customers with a credit balance on their account.

Terms selection

Option	Description
All	Select this to include all customers irrespective of the terms defined against them.
Single	Select this to select only those customers whose terms code matches the entry made at the Terms field.

Terms

This indicates the single terms code for which you want to include customers in the report.

Output Options

These options enable you to apply a theme to the report and to define multiple output destinations for the report once it has been compiled (SRS Output Options).

Report Details

To balance the Summary Credit Management and Credit Management reports when you have Future invoices, you need to either select the Include future invoice totals option in the Summary Credit Management report and select the Future invoices option in the Credit Management report or deselect these options in both reports.

Notes and warnings

Coding considerations

Zero balance customers
- Zero balance customers are always included in the report when Future invoices exist against them. This is irrespective of whether you selected to include Future invoices and/or Zero balance customers.
- If you have foreign currency customers and you do not include zero balance customers, then the ageing totals on the report may not agree with the control balance totals.
  
  This happens when a foreign currency customer's balance is zero in the foreign currency, but non-zero in the local currency (e.g. there is an invoice and credit note for the same foreign value, but the exchange rates differ and they have not been offset against each other).