3.6 Creditor

This topic provides systematic instructions about the party from which your customer has purchased products or services can be captured from this tile.

  1. Click the capture icon in the Creditors tile.
    The Creditor Details screen displayed.

    Figure 3-34 Creditors


    Description of Figure 3-34 follows
    Description of "Figure 3-34 Creditors"

  2. To add the Creditor details, click and expand the Key creditors section.

    Figure 3-35 Creditor Details

    Description of Figure 3-35 follows
    Description of "Figure 3-35 Creditor Details"
  3. Click the add icon.
    The New Creditor window is displayed.

    Figure 3-36 New Creditor


    Description of Figure 3-36 follows
    Description of "Figure 3-36 New Creditor"

    For information on fields in the New Creditor screen, refer the below table.

    Table 3-8 New Creditor

    Fields/ Icons Description
    Supplier name Type the Creditor’s company name in Supplier name field.
    Company type Select the Creditor’s Company type from the drop down list.
    Years of association Specify the Creditor's Years of association with your customer.
    Purchase percentage In the Purchase percentage field, specify the amount of items purchased by your customer from the Creditor in percentage.
    Turnover range Select the Creditor's Turnover range from the drop down list.
    details Select the following details of the Creditor from the drop down list:
    • Supplier sector
    • Industry group
    • Industry
    • Sub industry

For information on fields in the New Creditor screen, refer the below table.

Table 3-9 Creditor details

Fields/ Icons Description
Creditor currency Search and select the Creditor currency (currency in which the amount / item is provided by the Creditor).
Creditor amount Specify the Creditor amount (amount paid by the Creditor).
Pricing review Enable the Pricing review switch, if required.
Supply timeliness Select the Creditor's Supply timeliness from the drop down list.
Quality of service Select the Creditor's Quality of service from the drop down list.
Creditor importance select the Creditor importance from the drop down list.
Contracted creditor days and the Actual creditor days Specify the Contracted creditor days and the Actual creditor days.

In the Current year sales section:

  1. Click the add icon.
    The Sale Detail window is displayed.

    Figure 3-37 Sale Detail

    Description of Figure 3-37 follows
    Description of "Figure 3-37 Sale Detail"

    For information on fields in the Sale Detail screen, refer the below table.

    Table 3-10 Sale Detail

    Fields/Icon Description
    Sale item Type the name of item sold by the Creditor in Sale item field.
    Quantity sold Specify the Quantity sold by the Creditor.
    Sale value currency Search and select the Sale value currency.
    Sale value and Purchase percentage Specify the Sale value and Purchase percentage in corresponding fields.
    Supply frequency Select the Supply frequency from the drop down list.
    Sale description Type the Sale description.
  2. Click Save. Current year sales detail are added and listed in the Current year sales section as shown below:

    Figure 3-38 Current year sales

    Description of obcfpm-economic-dependency-analysis-user-manual_img_76.png follows
    Description of the illustration obcfpm-economic-dependency-analysis-user-manual_img_76.png

    For information on fields in the Current year sales screen, refer the below table.

    Table 3-11 Current year sales

    Fields/Icons Description
    edit To edit the added item from the list, select the item and click the edit icon.
    delete To delete the added item from the list, select the item and click the delete icon.

In the Previous year sales section:

  1. Click the add icon.
    The Sale Detail window is displayed.

    Figure 3-39 Sale Detail

    Description of Figure 3-39 follows
    Description of "Figure 3-39 Sale Detail"

    For information on fields in the Sale Detail screen, refer the below table.

    Table 3-12 Sale Detail

    Fields/Icons Description
    Year In the Year field, specify the previous year for which the sales detail is to be added.
    Sale item In the Sale item field, type the name of item sold by the Creditor in previous year.
    Quantity sold Specify the Quantity sold in the previous year.
    Sale value currency Search and select the Sale value currency.
    Sale value and Purchase percentage Specify the previous year Sale value and Purchase percentage in corresponding fields.
    Supply frequency Select the previous year Supply frequency from the drop down list.
    Sale description Type the Sale description.
    Save Click Save. Previous year sales detail are added and listed in the Previous year sales section as shown below:

    Figure 3-40 Previous Year Sales Detail

    Description of Figure 3-40 follows
    Description of "Figure 3-40 Previous Year Sales Detail"

    For information on fields in the Current year sales screen, refer the below table.

    Table 3-13 Current year sales

    Fields/Icons Description
    edit To edit the added item from the list, select the item and click the edit icon.
    delete To delete the added item from the list, select the item and click the delete icon.

    In the Projected sales details section:

  2. Click the add icon.
    The Sale Detail window is displayed.

    Figure 3-41 Sale Detail

    Description of Figure 3-41 follows
    Description of "Figure 3-41 Sale Detail"

    For information on fields in the Sale Detail screen, refer the below table.

    Table 3-14 Sale Detail

    Fields/Icon Description
    Year In the Year field, specify the upcoming year for which the sales detail is to be added.
    Sale item In the Sale item field, type the name of item to be sold by the Creditor in upcoming year.
    Quantity sold In the Quantity sold field, specify the amount of items to be sold in the upcoming year.
    Sale value currency Search and select the Sale value currency.
    Sale value and Purchase percentage Specify the upcoming year Sale value and Purchase percentage in corresponding fields.
    Supply frequency Select the upcoming year Supply frequency from the drop down list.
    Sale description Type the Sale description.
    Save Click Save. Upcoming year sales detail are added and listed in the Projected sales details section as shown below:

    Figure 3-42 Projected Sales Details

    Description of Figure 3-42 follows
    Description of "Figure 3-42 Projected Sales Details"

    For information on fields in the Projected Sales Details screen, refer the below table.

    Table 3-15 Projected Sales Details

    Fields/Icons Description
    edit To edit the added item from the list, select the item and click the edit icon.
    delete To delete the added item from the list, select the item and click the delete icon.

In the Balance breakup list section:

Figure 3-43 Projected Sales Details

Description of Figure 3-43 follows
Description of "Figure 3-43 Projected Sales Details"

For information on fields in the Balance breakup list screen, refer the below table.

Table 3-16 Balance Breakup List

Fields/ Icons Description
0-30 Days Specify the balance payment pending for 0-30 Days.
30-60 Days Specify the balance payment pending for 30-60 Days.
60-90 Days Specify the balance payment pending for 60-90 Days.
90-120 Days Specify the balance payment pending for 90-120 Days.
120-150 Days Specify the balance payment pending for 120-150 Days.
150-180 Days Specify the balance payment pending for 150-180 Days.
More than 180 Days Specify the balance payment pending for More than 180 Days.

Note:

The balance payment is the pending amount to be paid by your customer to their Creditor for availing products or services from the Creditor.

  1. Click Save. Creditor details are added and listed in the Key creditors section as shown below:

    Figure 3-44 Creditor details

    Description of Figure 3-44 follows
    Description of "Figure 3-44 Creditor details"
  2. To Edit, Delete and View the added Creditor details, click the hamburger icon in required item and select the corresponding option.

    Note:

    The user can alternatively use the edit and delete icons beside the add icon to modify and delete the Creditor detail.

    To modify and delete the Creditor detail using these icons, select the item from the list first and then click the respective icon.

Analyzing Creditor Details

  1. To analyze the Creditor information, click Next in the Creditor Details page. The Analysis screen is displayed.

    Figure 3-45 Creditor Analysis


    Description of Figure 3-45 follows
    Description of "Figure 3-45 Creditor Analysis"

  2. Select the answer for all the questions. A score is generated for the Creditor based on the selected answers.

    Note:

    To view the next question, use right arrow at the side of the Analysis page.
  3. Click Next.
    The Comments screen is displayed.

    Figure 3-46 Creditors- Comments


    Description of Figure 3-46 follows
    Description of "Figure 3-46 Creditors- Comments"

    For information on fields in the Creditors- Comments screen, refer the below table.

    Table 3-17 Creditors- Comments

    Fields/ Icons Description
    Comments Type the overall Comments for the Creditor Analysis.
    Post Click Post. Comments are posted below the Comments box.
    Submit Click Submit.

Viewing Dependency Trends

  1. To view the Creditor dependency trends, click the trend analysis icon beside the capture icon in Creditors tile.
    The Creditor Dependency Trends screen is displayed.

    Figure 3-47 Creditor Dependency Trends

    Description of Figure 3-47 follows
    Description of "Figure 3-47 Creditor Dependency Trends"

    For information on options in the Creditor Dependency Trends window, refer Viewing Dependency Trends sub-section in Debtors section.

Parent topic: Enrich and Analyze