Accounts Receivable

The Accounts Receivable module is designed to accommodate the entry and processing of all Accounts Receivable transactions, including invoices, payments, debit notes, credit notes, and adjustments. The A/R module automatically generates all necessary entries to the General Ledger. It collects, organizes stores and presents both accounting and operational information in an easy-to-use and accurate form.

Highlights include maintenance and monitoring of discounts offered at invoicing; customer master management including credit limits and A/R tolerance; cash application across companies; customer, customer grouping or specific invoice cash applications; the ability to apply remittance detail from EDI documents; retroactive billing application; A/R adjustments and miscellaneous cash entry; transmission of invoices by fax, e-mail or EDI to both the bill-to and ship-to customers; calculated average collection days and cash forecasting; rapid access to customer balances and total A/R balance; detailed or summarized aged listings by due date or invoice date (with back dating capabilities); customer statements; cash-flow reporting using A/R detail; and audit trail reporting