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Powerful Prepay Management
Accurate tracking of prepay money and booked product is critical to most ag retailers. Agvance simplifies this important bookkeeping task by integrating it into the daily AR transactions that affect prepay dollars, while providing the flexibility to manage various prepay programs and the methods in which those dollars get applied.
- Book prepay for individual line items or by product classifications
- Lock in prices for each item or a price level for 'generic' prepay categories
- Fertilizer products can be booked by product or by analysis
- View prepay balances and access booking detail during invoice step
- Flexible prepay application methods available for transitional invoices (when prepay runs out)
- Detailed prepay statements and booking reconciliation reports
- Automated process transfers end of seasons prepay to regular AR account or can optionally generate a refund check
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