Many businesses
do not use bill-by-bill with some of their customers. There are cases where the
nature of the business does not support bill-by-bill. Customers make lump-sum
payments as and when they want to.
You might still
need to analyze debtor performance by asking this question “assuming I give 5 days credit, is my
customer meeting my expectations?”
With this Add-on, you can specify the ‘credit
period’ (called Rebate Days here), specify a rate of interest and obtain a
report which will show you the cost of money for any debtor.