Simplified invoice reporting to simplify cash flow management!
Rex’s cash flow reports deal with current and overdue invoices and general invoice transactions. They can be drilled down by period and whether they relate to external or in-agency billing.
To supplement the reports, Rex includes special invoice system lists that allow for quick retrieval, payment processing and invoice follow-up.
First off, we have the Trust Accounts Module. It’s a financials tab after all! You can access information on Trust in our help content.
- All Invoices - allows you to see all of all your invoices without having to manually create a report.
- Unpaid and Overdue Invoices - these options automatically filter to show overdue and unpaid invoices. We’ve organised all your money coming in, and also the money going out.
- Payments, Refunds and Credits - These new screens also bring up organised lists of who you need to pay, who you have to refund, and who you need to credit back respectively.
You can organise all these lists by ordering in terms of; Reference number, Amount owed, Paid or late, Due date, Listing or Overall balance.
Please Note: For more information on the specific invoicing and credits features in Rex: see Listing Financials & VPA
All the above lists come equipped with the ‘export’ function, so you can download your financials in a convenient CSV spreadsheet (these are Excel compatible).
This is significant in that you could potentially use these spreadsheets to easily bridge the gap between systems Rex doesn’t directly integrate with (such as Myob).
It’s also absolutely possible to do some advanced analysis of your financials using these exported data sets – like which products have the highest or lowest selling rates, for example.
We’ve also added support for invoice IDs and reference numbers as a global search query. This means that now you can find invoices with a few taps of the keyboard and instantly land on the financials tab in the Listing screen.
This is handy for those of you that use Rex invoice IDs as your deposit references in the bank when you’re reconciling your bank statements.