Accounts Receivable

The Accounts Receivable module provides easy to use functionality with transaction entry through straight-forward responses to screen display prompting. All transactions may be edited and corrected prior to posting. The Accounts Receivable module includes the following features:

• Multi-company capability.
• Multiple A/R and cash accounts.
• Comprehensive transaction entry capabilities: Sales, cash receipts, credit memos, open credit applications, and finance charges.
• Accomodates both Open Item and Balance Forward accounting methods.
• Produces detail or summary aged receivables lists with operator-specified aging dates and a report cutoff date.
• Option to age invoices by invoice date or due date for each customer.
• Open credits are held on account and may be applied at anytime.
• Comprehensive collection functions, including user-defined dunning criteria, detailed customer call screens, and reports. Original invoices may be faxed directly to customers from this screen.
• Detailed commission reports including all costs associated with each sales transaction.
• Online customer data inquiry screens including sales activity comparisons.
• Automatically provides posting journals for audit trail purposes.
• User defined automatic calculation of finance charges.
• Ability to view and print original invoice and sales contract from inquiry screens.
• Sales Tax codes accommodate sales tax authorities (jurisdictions) with a breakdown of tax rates into state, county and local rates.
• Sales Tax reports break out taxable and non-taxable transactions, breaking out the liability amounts on the state, country and local level for a user-specified date range.
• Commission reporting with the option to calculate based on orders invoiced or orders paid. Commission reports also have the option to deduct a user specified overhead percentage.
• Ability to enter and track customer deposits and prepayments.
• Comprehensive credit checking during sales entry.