Credit Management

Debit accounts are tracked with vendor cards in the accounts payable module of Microsoft Dynamics 365 Business Central. There is no infrastructure for the tracking of debts such as loans, letters of credit and leasing in the chart of accounts using in Turkey. Such debt records are followed by defining the vendor card, and the records in the same list as the real vendors make it difficult to track.

With the Credit Management application, cards that work with debit logic, such as long-term loans and leasing, are defined on Microsoft Dynamics 365 Business Central, and their due periods and installments are recorded. At the same time, taxes such as VAT, Withholding and Provisional Tax, which are paid periodically in accordance with Turkish tax laws, are defined as a card in the credit module and transferred to the Cash Flow Module of Microsoft Dynamics 365 Business Central.

Currency differences occurring at the time of payment for Loans, Leasing and other debt types used in foreign currency and periodically carried out exchange rate adjustment processes are also managed through this application.