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Parties Profiles Report

Parties Profiles Report – Details

The Parties Profiles Report – Details provides a comprehensive, in-depth view of all registered parties (customers, vendors, suppliers, or business partners) in the ERP system, including their contact details, business information, transaction history, and account status. This report serves as a centralized reference to analyze and manage party relationships effectively.

It helps the business in understanding who the parties are, their transactional behavior, and their financial standing with your company.

Purpose

  • Maintain a detailed database of all business parties for reference.

  • Track both basic details and historical transactions in one place.

  • Help sales, purchase, and finance teams with up-to-date client/vendor information.

  • Support decision-making for credit limits, order processing, and payment follow-ups.

Key Information Displayed

Each party record in the Details report typically includes:

  1. Party Basic Information

    • Party Name

    • Party Type (Customer / Supplier / Vendor / Other)

    • Unique Party ID / Code

    • Contact Person Name

    • Phone Number & Email ID

    • GST Number / Tax Identification Number

    • PAN Number (if applicable)

    • Website & Business Type

    • Billing & Shipping Address

  2. Account & Financial Information

    • Credit Limit (if any)

    • Opening Balance (as on joining date)

    • Current Outstanding Balance (Receivable / Payable)

    • Payment Terms (e.g., Net 30, Immediate, etc.)

    • Preferred Payment Mode

  3. Transactional Insights

    • First Transaction Date

    • Last Transaction Date

    • Total Purchases (if vendor)

    • Total Sales (if customer)

    • Payment History Summary (Total Paid, Pending, Overdue)

    • Additional Details

    • Party Category (e.g., Wholesale, Retail, Corporate)

    • Status (Active / Inactive / Blacklisted)

    • Associated Salesperson / Account Manager

    • Notes or Remarks

Sample Table Format

Party IDParty NameTypeContact PersonPhoneGST No.AddressCredit LimitOpening BalanceCurrent OutstandingFirst TransactionLast TransactionTotal PurchasesTotal SalesStatus
P001ABC TradersCustomerRajesh Kumar987654321027ABCDE1234F1Z5Chennai, Tamil Nadu₹50,000₹0₹25,0002023-02-102025-08-05₹0₹4,50,000Active
P002XYZ Pvt LtdSupplierMeena Rao912345678929XYZDE5678J9Z2Bengaluru, Karnataka₹0₹15,000₹02022-11-152025-07-30₹3,20,000₹0Active
P003LMN Co.CustomerAnil Sharma998877665524LMNOP1122K3Z8Ahmedabad, Gujarat₹25,000₹5,000₹18,5002023-03-202025-08-02₹0₹1,20,000Inactive

Benefits

  • Centralized Information – One place for all party-related details.

  • Improved Relationship Management – Track interactions and transactions.

  • Credit & Risk Control – Assess credit history before new transactions.

  • Quick Access – Helps in customer support, sales negotiations, and procurement decisions.