The Accounts Receivable Package (A/R)has been designed specifically to meet the needs of growing businesses. The major functions fulfilled by this package include customer open item account tracking, aging reports, commission reports, finance charge calculation, and dunning.
The Accounts Receivable package provides a complete set of Accounts Receivable functions, is easy to use, and ensures the user visibility and control of receivables accounting. Functions are selected by using the convenient pull-down menus and highlight bar. All data, including daily transactions, is entered through straightforward responses to screen display prompting.
Operator entries are created in batch transaction files and may be edited and corrected prior to posting. Comprehensive reports may be produced on demand, as well as on-line inquiry/maintenance of all files.
Summary of Features and Benefits:
- Multiple A/R and cash accounts
- Default general ledger accounts with G/L class
- Comprehensive transaction entry capabilities: Sales, cash receipts, credit memos, debit memos, open credit applications, finance charges.
- Accommodates both Open Item and Balance Forward Account types
- Open credits are held "on-account" and applied anytime as desired
- Comprehensive Collection Calls (dunning) functions, including user-defined dunning criteria, detailed customer call screens, and reports—for simple, systematic collections.
- On-line screen inquiry allows access to all customer data in one function
- Finance charges automatically calculated and posted
- History of Paid-Up Items accessible in on-line screen inquiry and reports
- Customer Buying Profile shows monthly sales totals comparing one year's activity to that of the prior year. Available in an on-line inquiry screen and report.
- Average no. of pay days calculated for each customer for 12 months and 24 months
- Access to original invoice in full detail for viewing and printing, through on-line screen inquiry
- Invoice Register showing all transactions in numerical order
- Enter and track Customer Deposits to be applied against current or future charges to the account.
- Option to automatically generated and assign key to new customer record
- Comprehensive credit checking during sales entry
