BENEFIT SOFTWARE has developed the Freight Collection Module in order to manage hire and freight invoices and statements.
With the Freight Collection Module you will be able to:
- Produce hire and freight invoices and statements.
- Monitor balances of debtors/creditors.
- Monitor broker pending to be paid.
- Produce invoices for broker pending items.
- Create provisional entries for broker pending items.
- Reconcile company’s and charterers’ statements.
- Calculate project payables / receivables.
- Perform off hires.
- Monitor what has been invoiced to charterer/owner by voyage/project.
- Reconcile the invoiced amounts of the two parts of the charter party using the special tool in the module.
- See what has been invoiced and identify any disagreement with charterer/owner.
- Add items which the counterparty has invoiced but which have not yet been accepted (e.g. an off hire).
- Monitor what is expected to be paid/received by period.
- Base system calculations on voyage charter party data and invoiced items in period.
- Identify off hire days and bunkers per vessel by period.
- Allocate off hire days.
- View off hire via the module system: per vessel, voyage, vessel/reason, voyage/reason.
- Use the module’s special tool for freight collector to identify outstanding payments.
- Monitor open voyages.
- Perform analysis by vessel and type of off hire e.g. Off Hire, Off Hire Lumpsum, Off Hire Prorate and Underperformance.
- Generate a list of balances of debtors and creditors.
- Create a list of all open items for debtors/creditors calculating the balance between invoiced amounts and matching it with data.
