With Accounts Receivable, you can manage your customers and finetune customer relations by keeping track of important sales information and outstanding balances. Accounts Receivable allows you to easily apply cash to outstanding invoices and create recurring charges for quick invoicing of monthly charges. Accounts Receivable is also fully integrated with Bank Services, for complete bank reconciliation.
Accounts Receivable Capabilities
Create summary or detailed invoices using the item price list and calculate taxes on a summary or line-by-line basis.
Organize customer records quickly and easily, and create an unlimited
number of ship-to locations for each customer.
Flag customer records as inactive when you wish to discontinue
regular use but want to retain the record in the system for historical
and reporting purposes.
Drill down from General Ledger transaction history to Accounts
Receivable transactions and then to originating Order Entry
transactions.
Import transactions from other applications.
Schedule any number of recurring charge invoices for fast invoicing
of monthly charges, and update recurring charges automatically by
amount or percentage.
Create adjustment batches automatically to write off small account
or transaction balances, and choose whether to charge interest on
overdue balances or individual invoices.
Specify the debit and credit amounts for each detail entered in
Adjustment Entry and for miscellaneous adjustments in Receipt Entry.
Track sales statistics for each salesperson.
Drill down from the customer’s transactions and receipts in Customer
Activity to the originating transactions and receipts.
Track, calculate, and automatically retain a portion of an invoice
to handle common billing practices in the construction industy.
Print and review complete transaction details, including the details
of receipts and adjustments applied to transactions, and keep a
complete transaction history.
View your customer receipts by bank range, customer range, receipt
status, transaction type, date range, year and period range, and
receipt number range.
Perform on-screen aging and preview customer transactions.
Review up-to-the-minute information including current balance,
last activities and complete transaction details, and detailed statistics
for each customer account.
Send statements and invoices to your customer’s billing address,
customer’s e-mail address, or contact’s e-mail address.
Create custom invoices, statements, and deposit slips.
Set up standard e-mail messages you can automatically send to your
customers with their documents.
Create a new customer and ship-to location when entering
an invoice.
Print aged Trial Balance, Overdue Receivables, Customer Transactions,
Customer List and Statistics, and General Ledger transaction reports
using sorting and selection options to focus on desired transactions.