The Accounts Receivable module saves you time and effort in controlling
all transactions that affect customer accounts. You have easy access
to information on sales history, payment history, open invoices,
paid invoices, follow-up notes, and all customer information. It
provides an effective method of analyzing customer accounts and
processing all types of cash receipts.
analysis of customer accounts can be performed on-line using Panorama
or a variety of aging reports. By using text attached to invoices
and follow-up notes, disputed and delinquent invoices can be easily
identified and tracked, leading to speedy resolution.
promises and customer contacts can be tracked and tagged for automatic
Easy Access To Customer Information
Panorama allows you to quickly search for customers by account number
or name. Once located, you can then check their current balance,
average days to pay, date opened, and high balance at a glance.
This feature is designed for posting cash and tracking transactions
from customers with multiple bill-to addresses that pay from a centralized
Payments can be applied automatically to the oldest invoice first
or based on remittance advice. Non-accounts receivable cash may
be entered as well and posted to general ledger accounts.
To aid in collections, you can enter text by customer with a follow-up
date specifying when additional action should be taken. A follow-up
notification program will then provide a reminder that an action is
pending. In addition, text can be attached to individual invoices
to identify and help resolve disputes.
can select your own aging days and level of detail (summary, open
transactions or all transactions) when printing aging reports. Aging
reports can be consolidated or printed for a single company. Credit
hold, past due, and credit balance aging reports are also available.
provides quick and easy access to information on open transactions,
paid/closed transactions, check history, date of first sale, date
of last sale, average days to pay, high balance, year-to-date sales,
and last payment date. You can search by customer number, customer
name, master account number, or master account name.
flexible customer statement printing option allows you to send an
account status to all customers, only those customers with a past
due balance, or only those customers requiring a monthly statement.
feature provides the option to calculate service charges on past
due invoices. Using user-defined parameters, the system will calculate
and create debit memos for customers with past due invoices or balances.
deposits are automatically posted using the Bank Reconciliation
module. You can balance your bank accounts online.