Accounting Groups

Account Groups in Merciglobal Cloud ERP

In many business scenarios, a single customer might have multiple purchase accounts within a company due to accounting or adjustment purposes. This fragmentation can make tracking each account cumbersome. To streamline this, Merciglobal Cloud ERP introduces the Account Group feature.

What is an Account Group?

An Account Group allows users to consolidate various accounts related to a single customer under one unified group name. This functionality is available in the A/c Group Master module.

How to Use:

Create a Group Account Name within the A/c Group Master.
Assign this group name in the A/c Group field of every account tied to the same customer.

Benefits:

Unified Reporting: Generate a Group Ledger Report by simply selecting the group. It compiles ledgers of all associated accounts.
Group Outstanding Reports: Create comprehensive outstanding reports for all accounts under the group.
Improved Data Clarity: Ensures cleaner data management and easier tracking of customer accounts.

Collection Man Integration in Merciglobal Cloud ERP

Aligned with the Account Group concept, Merciglobal Cloud ERP offers the ability to assign a Collection Person to each account group. This is managed through the Collection App.

Purpose:

Assigning a collection person helps streamline follow-ups and ensures secure, efficient collection management.

Features and Benefits:

Simplified Account Management: The collection person doesn't need to manually track all customer accounts.
Automated Data Pull: The Collection App fetches data relevant to the assigned collection person.
Data Security: The collection person is restricted from accessing data outside of their assigned accounts.

Important Note:

Ensure the collection person's name is created as a User Account within the system to enable access via the Collection App.

These features collectively enhance account management and customer servicing efficiency within Merciglobal Cloud ERP.