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... the all-inclusive software for your trading company

The Accounts Receivable and Payable application manages the financial tran­sac­tions (invoices, payments, etc.) of your clients and suppliers.

Many of the transactions are auto­ma­ti­cal­ly generated from the other CMStrade applications (e.g. invoices) while others are input directly (e.g. payments).

Since theoretically an auxiliary accoun­ting, we do not confuse ARAP’s data into the General Accounting and the Cost Accounting but only integrate with them (note, ARAP concerns only a small part of the GA account structure).

This separation is important because:

Transactions and operations are dif­fe­rent (due date, open posts, …).

Transaction life does not correspond to the annual GA cycle.

ARAP has its own very specific bu­si­ness in­for­ma­tion and control needs.

Integration with the GA, on the other hand, ensures the accounting re­qui­re­ment for coherence and completeness.

Finally, separation and integration allow ARAP to play its different roles for many ap­pli­ca­tions (credit lines, broker ac­coun­ting, cash management, etc.) eliminating the inefficient substitute me­cha­nisms other­wi­se created in these applications and the resulting wasteful duplicate data input.

Two examples illustrate this sy­ner­gy: credit line employs ARAP ac­counts for its ac­coun­ting; physicals benefit from ARAP's open posts.


Conforms to classical auxiliary accounting principles.

Account structure is independent of the general accounting.

The client/supplier data is the root of the account.

Account definitions customise to business needs.

Definition also attributes balance sheet risk classification and reconciliation.

Accommodates trade client/supplier’s debit/credit duality and local regulation.

Multi currency accounts.

Multiple sub accounts.

Multi currency accounting: transaction, functional, local, reporting currency basis.

Relation to functional currency handled automatically per user specification.

Account cycle (even many years) in­de­pen­dent of the general accounting cycle.

Different data retention durations for accounts.

Blocking an account for further postings.

Full validation of vouchers before posting.

Many transactions (e.g. trade invoices) generated from other applications.

Other (miscellaneous) transactions input directly.

Supply relevant costs and revenues to cost accounting application.

Absolute and relative booking period limits.

Currency revaluation simulation and pos­ting, periodic and ad hoc.

Currency conversion in reports using ac­cou­n­ting or ad hoc rates.

Balances and details, i.e. movements, for any period, starting-ending any day.

Current and anterior balances and details with/without open post situation.

Period analysis of open balances with drill-down to movement details.

Reminder statement with interest.

Extensive options tailor the contents of all reports.

Accounts as current account with "open post" facility.

Open posts partially or fully matched.

Many-to-many open-post matching e.g. a payment for several invoices some of which are already partially paid.

Drag-n-drop open-post matching under control.

Matches can be undone and re-assigned differently.

Various movement arrangements to fa­ci­li­ta­te matching.

Account to account transfers.

Assign accounts for use in other re­le­vant applications.

Supply relevant costs and revenues to cost accounting application.

Suppression of obsolete movements on a per account or grouped basis.

Suppression retains open-post movements or creates a single open-post balance (as in bank-balance).

For information on Operations, Output

and Transactions, please see Data.


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