Absent Party List is one of the most interesting features of ChargeERP mandi accounting software. With the help of this feature, commission agents can view the list of all the buyers or suppliers with whom they haven’t dealt with lately. Through this article, we’ll understand what is absent party list and what kind of accounting benefits it can offer.
What is an Absent Party list in accounting?
A commission agent deals with a lot of buyers and suppliers on a regular basis. In mandis, there are also some buyers or suppliers who don’t transact regularly. To segregate such buyers or suppliers, ChargeERP has brought in a feature ‘Absent party’ list for commission agents busy doing mandi accounting. Absent Party list is the list of people with whom the commission agent hasn’t done any dealing in the past 90 days. This makes the Absent Party list one of the important reports for mandi business.
Benefits of a Absent Party list on ChargeERP
It is one of the unique features of ChargeERP. This feature enables the commission agent to know who among their customers or suppliers are missing on transactions and are not active in trade. It is helpful in several ways. Let’s look at some of the benefits:
- Using this feature, the user can track entries for past 90 days.
- The user can segregate the entries using the filter option for a specific search.
- This list helps in identifying buyers or suppliers who are not part of the transactions or trade for a longer period of time. The user can then touch base with them again.
- The user would be able to see outstanding balance, last transaction date, and last payment date.
- User can download and take prints of all the bills and reports.
- The Absent Party list can be shared on WhatsApp.
ChargeERP is the solution
ChargeERP accounting software has been designed keeping in mind the daily interactions of commission agents in agricultural mandis. It is a cloud-based accounting software introduced with the core aim of reducing the agent’s workload. ChargeERP is the easiest, fastest, and most secure mandi accounting software available in India. One of the many benefits of this platform is that it can be accessed from anywhere and from multiple devices. It provides data security with end-to-end encryption. Plus, it doesn’t require any kind of technical or accounting expertise.
If you are looking to explore more about this next-level accounting software, feel free to dial +91 9311341199 or visit www.chargeerp.com, and request your free demo today. We also suggest that you follow us on Facebook for regular updates. You can also view the latest instructional videos on the ChargeERP YouTube channel.