SSAS~Pro contains functionality to enable users to issue both customer fee invoices and rental invoices either individually or in bulk.

Customer Invoicing

Fee invoices can include up to five standard billing items, looked up from a central fee table, but each of which can be individually amended if required. Ad hoc/non-standard items can also be added to any invoice at any point, including time-cost billing.

Customer invoices can be flagged to be issued at any frequency up to quarterly, and marked to increase by fixed or variable (e.g. RPI, NAE) amounts, at certain points.

Scheme records can easily be grouped together, and batches of invoices produced en masse –automatically at the click of a button.

Once raised, invoices can then be audited by financial control staff, allowing for detailed control of, and changes to, each invoice prior to issuing. Full financial control of all issued invoices is available, including both standard (e.g. invoices raised, outstanding etc.) and ad hoc reports (e.g. all invoices raised during a specified period etc.), as well as the facility to issue up to three separate chasing letters. 

Rental Invoicing

In order to reduce time spent on individual cases the Rental Invoicing Module enables the bulk production of rental invoices based on lease information held in the Administration Module.

The payment of rent can also be monitored with periodic chaser letters being automatically issued when the rent has been outstanding for a pre-determined length of time.

Loan Interest Invoicing

Similarly, for schemes with loans, this module calculates loan interest and repayments due over any period and for any frequency of interest payment. Interest is calculated on the default basis of 1% above the average of the base lending rates of the 6 leading high street banks for post A-Day loans. It is also possible to record loans on either a fixed basis or a chosen percentage above bank base rate, for loans created before A-Day.

Invoices for the interest (and/or capital) can be created individually or in bulk, again with payment monitored at the touch of a button by automatically creating periodic chaser letters.