Accounts Receivable

Features:

Benefits:

·     Invoices and payments can be applied through normal cash receipts processing.  Miscellaneous cash can be easily applied.

·     Allows complete posting flexibility.  All cash receipts are posted at one time which provides greater control over the cash receipts process.

·     Cash can be posted to a specific invoice, or as a general payment.

·     Provides quick recording of cash receipts.

·     Provides for summary and detailed aging by customer or salesperson.  The user defines aging limits.

·     Provides a current, accurate, and comprehensive collection tool.

·     Allows customer statements to be printed based on user selected options.

·     Reduces postage cost and insures that statements only go to customers that require them or need credit attention.

·     Accommodates an unlimited amount of payment terms and discount codes.

·     Provides flexibility to set payment and discount terms to accommodate many different classes of accounts.

·     Customer discounts are computed automatically.

·     Reduces errors, speeds up the invoicing cycle and insures that discounts are accurate and applied only to qualified customers.

·     Produces an Expected Cash Flow report based on customer payment history which includes expected payments from AP if interfaced with the Executive Information System.

·     Provides a powerful cash management tool for forecasting cash flow and greatly enhances cash management.