Overview:

This release introduces significant enhancements to the cod remittance module, enabling logistics companies to manage COD remittances and freight invoices of customers efficiently. It offers a revamped user interface to view pending COD remittances of customers and settle them via pending invoices or logging a bank transaction. It also gives a detailed history of cod remittance settlement logs.

Key Features:

• Revamped Remittance Module:

  • New interface for managing pending COD remittances.

  • Options to log bank transactions for COD remittances or settle them against outstanding invoices.

  • Enhanced filtering options to view remittances by customer, consignment creation, or delivery dates.

• Enhanced Invoice Reconciliation:

  • Introduction of Invoice Amount and Balance Amount columns for better visibility of financial transactions.

  • New invoice statuses "Settled" and "Partially Settled" to accurately reflect the current state of invoice payments.

• Settlement Process Improvements:

  • Simplified process for settling remittances through bank transactions or invoice adjustments, with support for bulk actions and individual consignment selections.

  • Detailed settlement logs and history, accessible through intuitive UI components and downloadable reports.

Benefits:

• A streamlined process for handling COD remittances and freight invoice reconciliations.

• Reduced the number of financial transactions by allowing settlements of remittances with invoice amounts.

• Improved financial management and visibility for logistics companies and their customers.

Support:

For assistance with configuring this new feature or any questions regarding the update, please reach out to our support team.