Enhanced Contact Credits Functionality

Feature Description

Further developing the functionality provided by Contact Credits, we have now amended the descriptions posted when redeeming a Contact Credit and the resulting G/L Entries. This provides you with more clarity on the reason for the Contact Credit, making it easier to audit and reconcile. We have also added expiry management to the Contact Credits feature, allowing you to control the expiration of the credit and provide you with a routine to forfeit a Contact Credit.

🔷 Important

This feature functionality is only available in version 25.3 or later of EliteParks or EliteMarinas. View which version you are on in the Extension Management view within Business Central.

Feature Video

Feature Screenshots

Business Uses

• Enhanced Functionality. The enhanced Contact Credits functionality significantly improves financial auditing for businesses. By providing clear descriptions and General Ledger (G/L) entries when redeeming Contact Credits, the feature simplifies the auditing process and makes reconciliation more straightforward. This clarity reduces the time and effort spent by accounting teams on audits and financial reporting, increasing accuracy and enabling easier identification of discrepancies.

• Efficient Credit Management. Another key benefit of the enhanced functionality. By introducing expiry management, businesses can control the expiration of Contact Credits and implement routines for forfeiting expired credits. This streamlines credit management processes, reduces potential financial liabilities from unexpired credits, and improves financial forecasting.

• Boost Operational Efficiency. Automated descriptions and expiry management minimise the need for manual intervention, reducing administrative workload and errors in credit management. Increased efficiency allows businesses to focus on core activities, leading to overall improved performance and productivity.

System/User Requirements