Accounts Receivable

Accounts Receivable allows you to bill your customers as parts are shipped and then track payments as they are received. Because you can specify the creation of invoices through the order release process, you can eliminate errors that might occur through billing for a different quantity than was shipped.

Customer invoices may be previewed, printed on laser or continuous preprinted forms, or faxed directly to your customer. At any time, you can access a customer to check credit history and current aging. As you post invoices and payments, transactions are created that can be instantly posted to the General Ledger module. With Accounts Receivable, you will know who is buying what, and who is paying their bills on time.

Invoice Entry
Enter multiple shipments for an order on a single invoice, and write unlimited comments. Invoice Entry supports "Advance/Progress" billing, where multiple invoice groups may be entered and maintained, for example, by date, fiscal period or General Ledger account numbers.

Invoice Tracker
View either in summarized or detailed format customer’s invoices and payments.

Sales Commissions
Pay sales commissions at time of invoicing or on receipt of payment. Establish up to five salespeople per line item.

Taxes
Enter taxable and non-taxable lines. Accounts Receivable allows an unlimited number of sales taxes per line item.

Customer Tracker
Perform real-time queries on summary and detailed information per customer, including sales orders, invoices and quote activity to date.

Invoice/Statement Forms
Customize, preview, print individually or in batches, or fax.

Credit Manager
To ease customer credit decisions, perform real-time inquiries on a customer’s current credit information, open sales orders, invoices and payments.

History
Retain payment history, invoice history and sales detail indefinitely.

Credit Holds
Automatically place credit holds on new customers or on customers who are past due or over their credit limit.

Aging Information
View aging information on the screen or print it in one of several formats.

Sales Analysis
Reports allow access to sales history in a variety of formats.

Adjustments
Allows adjustments with full audit trail.

Sales Tax Register
Lists invoice totals and tax amounts by customer for codes on file.

Sales Commission Report
Shows outstanding and earned commission amounts.

Cash Receipts
Supports payment of invoices, order deposits and miscellaneous application of credit memos.

Customer Receipts
On-line entry of payments to invoices, adjustments to balances, or application of credits.

Integration
Accounts Receivable is fully integrated with the Order Management, Shipping/ Receiving, Currency Management and General Ledger modules.