Codemaster Retail's Layby Accounting functions are available through several menus. FEATURES: Maintenance of Debtor information to provide name and address details with contract selling prices that can be unique to each customer. Full enquires on account financial information including balances, detailed sales and payment dates, type of goods and value. The entry of transaction details either at Point of Sale or for journal adjustments and / or payments. Full reporting on the debtor and sale information. Ability to search by account number and name. The setting up of contract or pricing agreement tables within the system so that specific pricing arrangements are accepted each time that a sale is recorded. A full history of transactions can be searched and printed when dealing with customer enquires. A flexible method for the production of month end statements with the facility to incorporate all purchase details. The ability to calculate discounts and hold them as incentives for payment by due dates. Powerful reporting options that can be personalised and developed for specific requirements of the user. BENEFITS: The ability to tie discounts to prompt payments by customers will reduce the value of discounting and improve cash flow. Real time updating of all sales activity allows immediate assessment of amounts due and payments made when querying transactions. Tight credit limit controls eliminate the opportunity for customers having overdue accounts. The elimination of bargaining at Point of Sale through developing procedures to negotiate and record discounting arrangements in advance of all sales. The ability to print month end statements on the first day of the new month will enable prompt collection and reduction of the total amount owed by debtors. It is possible to increase market share by offering bigger discounts on a small range of products rather than giving discounts on a broad group of goods via discounting. When printing current information or enquires are executed, then a high-level of customer service occurs. Customers place high demands on storeowners’ performance and with Codemaster Retail available the store operator can exceed that of retail competitors. The integration of Accounts Receivable module to Point of Sale enables efficient handling of "Layby" and "budget" accounts. Implementation of this module may require the transfer of existing information from another accounting system and the use of readily available preprint stationary. The transfer of data electronically and the modification of print layouts can be accomplished with Codemaster Retail.